The Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) invited the World Bank to serve as interim trustee of the Green Climate Fund. Its functions in this capacity include the receipt, holding and investment of financial contributions from contributors, transfer of financial resources pursuant to instruction by GCF, and preparation of summary financial reports.
The process to appoint GCF's permanent trustee is scheduled for completion no later than the end of 2017. By April 2018, the permanent trustee will have commenced its contractual agreement with the Fund.
To access GCF Financial Status Reports prepared by the World Bank as interim trustee, click here