Javier Manzanares is the Executive Director (ad interim) of the Green Climate Fund.
The GCF Board appointed Mr. Manzanares as interim Executive Director at its 13th Board meeting. He will assume the position until such time as the current selection process for a permanent Executive Director has been completed.
With more than 25 years of experience in financial institutions and international organizations, Mr. Manzanares is a widely recognized leader in international finance. He joined GCF in July 2014 as Chief Financial Officer (CFO) and as Director of Support Services. In this dual role, he established the Fund’s financial operations, administrative procedures and staff management function.
Before the Green Climate Fund, Mr. Manzanares served as Director and Representative of the United Nations Office for Project Services (UNOPS) of the MERCOSUR region, based in Argentina. At the Central American Bank for Economic Integration he was Division Manager to lead Investment and Development Banking in the Latin America region. He also worked as an Executive VP for two privately held banks of Grupo Fierro, specializing in industrial and financial services. His career in finance and banking began with Banco Santander / BSCH in California.
Mr. Manzanares holds a dual MBA from Northwestern University / Kellogg (USA), and an EMBA from Hong Kong University of Sciences & Technology (China).
An avid supporter of lifelong learning, he has pursued training programmes throughout his career and is currently focusing on Sustainable Development with INHA University (Republic of Korea).
Javier is a citizen of Spain and fluent in English and Spanish. He is married and has three daughters and two stepsons.
The Green Climate Fund is committed to ethical and efficient operations and has set up three independent units to monitor its performance, and follow up on any signs of irregular practice. The three units – addressing allegations of fraud, responding to complaints and considering how well the Fund is working – report directly to the GCF Board.
The Independent Integrity Unit has been set up to investigate allegations of fraud and corruption. This covers not only activities by GCF staff members but also by people responsible for implementing funded projects and programmes, including implementing entities.
GCF’s Independent Redress Mechanism was established specifically to respond to complaints from people and communities directly affected by GCF-funded activities. This includes deciding whether complaints stem from a failure to implement GCF environmental and social safeguards.
The GCF Secretariat is fully independent. It has effective management capabilities to execute the day-to-day operations of the Fund and is accountable to the Board. The GCF Secretariat is rapidly developing its institutional, managerial and technical capacity that enables it to deliver an extensive work programme.
GCF’s current structure focusses on each of the Fund’s operational priorities, including country dialogue, readiness support, mitigation and adaptation, and private sector engagement. The structure of the Secretariat will evolve over time, including in relation to future Board decisions on the overall governance structure of the Fund.
Today, GCF has about 100 staff members at its headquarters, including consultants. Some limited support is being provided offsite, in other countries. With close to a 50/50 balance between men and women, 30+ nationalities, and many more languages spoken, the Fund is an institution that speaks and acts for all people on the planet.
Songdo, Republic of Korea
The Green Climate Fund is headquartered in Songdo, Incheon City, Republic of Korea, where it opened its doors in December 2013. The GCF Board selected Songdo as the host city following an open bid process that saw six countries submit host country proposals. The Headquarters Agreement between the Republic of Korea and GCF was signed in June 2013 and entered into force in August 2013.
Songdo is a planned city, built on reclaimed land and part of the Incheon Free Economic Zone. It is located some 65 km southwest of Seoul and lies within close proximity to Incheon International Airport (ICN). The offices of GCF are located in G-Tower, an eco-friendly building that is also home to several United Nations agencies.
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