Board decisions

The Board, having considered the document GCF/BM-2019/04 titled “Appointment of members to committees and group of the Board”:

1. Appoints as members of the Accreditation Committee, for a term starting on 1 January 2019:
   1. Mr. Giza Gasper Martins;
   2. Mr. Hans Olav Ibrekk;
   3. Mr. Richard Muyungi;
   4. Mr. Wenxing Pan;
   5. Ms. Paola Pettinari; and
   6. Mr. Lars Roth;
2. Also appoints as members of the Budget Committee, for a term starting on 1 January 2019:
   1. Mr. Jose Delgado;
   2. Ms. Esther González;
   3. Mr. Chang Huh;
   4. Mr. Paul Oquist;
   5. Mr. Jeremiah Garwo Sokan; and
   6. Ms. Sue Szabo;
3. Further appoints as members of the Ethics and Audit Committee, for a term starting on 1 January 2019:
   1. Mr. Wael Aboul Magd;
   2. Mr. Nauman Bhatti;
   3. Mr. Mathew Haarsager;
   4. Mr. Cyril Rousseau;
   5. Mr. Stefan Schwager; and
   6. Mr. Ayman M. Shasly;
4. Appoints as members of the Investment Committee, for a term starting on 1 January 2019:
   1. Mr. Nagmeldin Elhassan;
   2. Mr. Norbert Goriβen;
   3. Ms. Kate Hughes;
   4. Mr. Hans Olav Ibrekk;
   5. Mr. Ignacio Lorenzo Arana; and
   6. Mr. Tlou Emmanuel Ramaru;
5. Also appoints as members of the Performance Oversight Committee of the Executive Director and Heads of Independent Units, for a term starting on 1 January 2019:
   1. Mr. Nagmeldin Goutbi Elhassan;
   2. Mr. Jorge Ferrer Rodriguez;
   3. Mr. Hiroshi Matsuura; and
   4. Mr. Josceline Wheatley;
6. Further appoints as members of the Private Sector Advisory Group, for a term starting on 1 January 2019:
   1. Mr. Nauman Bhatti;
   2. Mr. Ignacio Lorenzo Arana;
   3. Mr. Stefan Schwager; and
   4. Mr. Tobias Von Platen-Hallermund; and
7. Appoints as members of the Risk Management Committee, for a term starting on 1 January 2019:
   1. Mr. Roelof Buffinga
   2. Mr. Munenari Nomura;
   3. Mr. Wenxing Pan;
   4. Mr. Cyril Rousseau; and
   5. Mr. Cheikh Ndiaye Sylla

The Board, having considered document GCF/BM-2019/02 titled “Additional Budget for the Performance Review of the Fund by the Independent Evaluation Unit”:

1. Notes that the budget allocation for the review was reviewed and agreed by the Budget Committee with the Head of the Independent Evaluation Unit, as per the relevant extract from the minutes of the Budget Committee on 27 November 2018 contained in annex III of the document; and
2. Approves an additional budget allocation of USD 347,400 for the review to be added to the IEU budget effective immediately.

The Board, having considered the limited distribution document GCF/BM-2019/03 titled “Status of approved funding proposals: Extension of deadline in respect of FP085 (Green BRT Karachi)”:

Decides to extend the deadline until 17 July 2019 for submission of a certificate or a legal opinion confirming that the accredited entity has obtained all final internal approvals needed by it and has the capacity and authority to implement the proposed project for the following approved funding proposal:

1. FP085, titled “Green BRT Karachi”.

The Board, having considered the document GCF/BM-2019/01 titled “Appointment of members to the Executive Director Selection Committee”:

Appoints as members of the Executive Director Selection Committee:

1. Mr. Nagmeldin Goutbi Elhassan;
2. Mr. Paul Oquist;
3. Mr. Cyril Rousseau;
4. Mr. Lars Roth
5. Mr. Ayman Shasly;
6. Mr. Jeremiah Garwo Sokan;
7. Ms. Sue Szabo; and
8. Mr. Josceline Wheatley;

The Board, having considered the limited distribution document GCF/BM-2018/31 titled “Status of approved funding proposals: Extension of deadline in respect of FP054 (Implementation project of the integral management plan of the Lujan River basin)”:

Decides to extend the deadline until 29 March 2019 for execution of the funded activity agreement for the following approved funding proposal:

1. FP054, titled “Implementation project of the integral management plan of the Lujan River basin.”

The Board, having considered document GCF/BM-2018/29 titled “Policy on the protection of whistleblowers and witnesses”:

1. Adopts the Policy on the Protection of Whistleblowers and Witnesses set out in annex I to this document;
2. Authorizes the Ethics and Audit Committee of the Board to address issues that may arise in the implementation of this Policy;
3. Requests the Secretariat, in consultation with the Accreditation Committee and the Independent Integrity Unit, to revise the initial basic fiduciary standards (as adopted through decision B.07/02, paragraph (b)) to ensure that that Counterparties have effective whistleblower and witness protection policies and practices in place that are comparable to those set out in this Policy; and
4. Requests the Independent Integrity Unit to provide a brief report to the Board on experiences and lessons learned in the implementation of this Policy two years following its adoption.

The Board, having considered the limited distribution document GCF/BM-2018/28 titled “Status of approved funding proposals: Extension of deadline in respect of FP017 (Climate Action and Solar Energy Development Programme in the Tarapacá Region in Chile)”:

1. Decides to extend the deadline until 15 June 2019 for execution of the funded activity agreement for the following approved funding proposal:
   1. FP017, titled “Climate Action and Solar Energy Development Programme in the Tarapacá Region in Chile.”

The Board, having considered the document GCF/BM-2018/30 titled “Election of CoChairs of the Board for 2019”:

Elects Mr. Nagmeldin Goutbi Elhassan and Mr. Josceline Wheatley as the Co-Chairs of the Board for 2019, with effect from 1 January 2019 to 31 December 2019.

The Board, having considered document GCF/BM-2018/29 titled “Dates for the twentythird and twenty-fourth meetings of the Board”:

1. Decides that the twenty-third meeting of the Board will take place from Monday, 1 July to Wednesday, 3 July 2019;
2. Also decides that the twenty-fourth meeting of the Board will take place from Tuesday, 15 October to Thursday, 17 October 2019;
3. Agrees to decide the venues for of the twenty-third and twenty-fourth meetings of the Board no later than its twenty-second meeting; considering that only one Board meeting can be effectively hosted outside headquarters per year; and
4. Decides that the dates for the Board meetings for 2020 will be decided no later than the twenty-third meeting of the Board, taking into account official United Nations holidays observed at the United Nations headquarters and at the GCF headquarters.

The Board, having considered document GCF/BM-2018/26 titled “Re-appointment of members of the independent Technical Advisory Panel”:

1. Takes note of the summary report on the performance assessment of each member of the independent Technical Advisory Panel as presented in annex II of document GCF/BM-2018/26, and the detailed report on the performance assessment of each member of the independent Technical Advisory Panel as presented in annex III of document GCF/BM-2018/26;
2. Considers that the performance of each member of the independent Technical Advisory Panel during their current term of membership has been satisfactory; and
3. Decides to re-appoint, as an exception to paragraph 12 of annex I to decision B.BM2018/09, the following members of the independent Technical Advisory Panel for a twoyear term starting on the date of the expiration of their current term:
   1. Mr. Daniel Nolasco;
   2. Ms. Marina Shvangiradze; and
   3. Mr. Felix Dayo.

The Board, having considered document GCF/BM-2018/25 titled “Status of funded activity agreements: extension of deadline in respect of FP041 (Simiyu Climate Resilient Development Programme)”:

1. Decides to extend the deadline for the entering into of a funded activity agreement for the following approved funding proposal:
   1. FP041, titled “Simiyu Climate Resilient Development Programme”, by 45 days starting from 1 November 2018.

The Board, having considered document GCF/B.21/21/Add.01 titled “Status of accreditation master agreements and funded activity agreements”:

1. Takes note with appreciation of the progress made by the Secretariat in executing accreditation master agreements;
2. Also notes the text of the accreditation master agreement agreed with the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), as contained in annex I, which marks the changes against the template accreditation master agreement;
3. Approves the substantive changes in the accreditation master agreement agreed with the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) from the template accreditation master agreement set out in annex II; and
4. Authorizes the Executive Director to negotiate changes, which are in substance similar to those contained in the accreditation master agreement agreed with the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), to the accreditation master agreements to be entered into with other accredited entities which are similar in nature to the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), without requiring further Board approval in respect of such changes.

The Board:

Appoints Mr. Jeremiah G. Sokan as member of the Accreditation Committee for the remainder of the current term for members of the Accreditation Committee, starting on the date of adoption of this decision.

The Board, having considered document GCF/B.21/Inf.10 titled “Reports from committees, panels, and groups of the Board of the Green Climate Fund”:

1. Takes note of the report on activities of the Private Sector Advisory Group as contained in document GCF/B.21/Inf.10;
2. Also takes note that the current term of existing external members of the Private Sector Advisory Group ends on 31 December 2018; and
3. Decides, on an exceptional basis and without prejudice to any future decisions of the Board regarding the appointment of external members to the Private Sector Advisory Group, to extend the terms of the existing external members of the Private Sector Advisory Group until 30 June 2019.

The Board, having considered document GCF/B.21/16 titled “Workplan of the Board for 2019”:

1. Approves the workplan of the Board for 2019, as set out in annex III;
2. Requests the Co-Chairs to update the workplan following each meeting of the Board;
3. Decides to defer consideration of the following matters and requests the Secretariat, in consultation with the Co-Chairs and the relevant committees, panels and groups of the Board, to progress its work on these matters and present these for consideration by the Board in 2019:
   1. The development of the risk management framework and its remaining components requested pursuant to decision B.17/11, paragraph (g);
   2. Opportunities to engage the private sector, including local actors, in adaptation action at the national, regional and international levels, requested pursuant to decision B.17/06, paragraph (d)(ii);
   3. The detailed guidelines and procedures for the Independent Redress Mechanism, requested pursuant to decision B.13/24, paragraph (b);
   4. The review of the live webcasting service for formal meetings of the Board, requested pursuant to decision B.BM-2018/07, paragraph (b);
   5. The proposed approach to developing the GCF environmental and social safeguards standards, requested pursuant to decision B.19/10, paragraph (c); and
   6. The independent evaluation of the implementation of operational guidelines and the effectiveness of the Project Preparation Facility in order to draw lessons learned no later than the end of the initial resource mobilization period, requested pursuant to decision B.13/21, paragraph (e); and
4. Decides to consider in 2019 a proposal in response to the guidance from the Conference of the Parties to the United Nations Framework Convention on Climate Change at its twenty- third session regarding privileges and immunities, requested pursuant to decision B.19/02, paragraph (d).

The Board, having considered the limited distribution document GCF/BM-2018/18 titled “Appointment of the Executive Director ad interim”:

1. Appoints Javier Manzanares to act as Executive Director ad interim of the Secretariat effective immediately and until such time as the new Executive Director appointed by the Board has taken office;
2. Authorizes the Co-Chairs to agree, on behalf of the Board, on arrangements, as appropriate, with the Executive Director ad interim, including:
   1. A performance agreement that will specify the outcome and behaviours expected for the duration of the role;
3. Decides that the Executive Director ad interim shall assume the functions and have the mandate of the Executive Director as provided for in the Governing Instrument for the Green Climate Fund and Board decisions; and
4. Further decides the Executive Director ad interim will not be precluded from applying for the Executive Director position.

The Board, having considered the limited distribution document GCF/BM-2018/21 titled “Selection process for the appointment of the Executive Director of the Green Climate Fund Secretariat”:

1. Adopts the terms of reference of the Executive Director of the Green Climate Fund Secretariat as set out in annex IV;
2. Also adopts the selection process for the Executive Director of the Green Climate Fund Secretariat as set out in annex V;
3. Takes note of the indicative timeline of the entire process for the appointment of the Executive Director of the Green Climate Fund Secretariat as set out in annex VI;
4. Establishes the Executive Director Selection Committee as an ad hoc committee of the Board in accordance with paragraphs 2(g) and 30 of the Rules of Procedure of the Board;
5. Adopts the terms of reference of the Executive Director Selection Committee as set out in annex VII;
   1. Appoints as members of the Executive Director Selection Committee:
   2. Ayman Shasly;
   3. Cyril Rousseau;
   4. Josceline Wheatley;
   5. Karma Tshering;
   6. Lennart Båge;
   7. Omar El-Arini;
   8. Paul Oquist; and
   9. Sue Szabo;
6. Requests the Co-Chairs of the Board for 2019 to promptly, upon their election by the Board, and following consultations with their respective constituencies, propose a decision for approval between meetings for the appointment of members to the Executive Director Selection Committee following the commencement of the third term of Board membership;
7. Decides to engage the services of an independent executive search firm to support the Executive Director Selection Committee;
8. Authorizes the Secretariat, notwithstanding the administrative guidelines on procurement, to issue the request for proposal for the independent executive search firm in accordance with the deadlines set out in annex VI;
9. Endorses the terms of reference of the independent executive search firm as set out in annex VIII;
10. Approves a budget increment for 2018/2019 for the selection of the Executive Director of the Green Climate Fund Secretariat, including the costs of the independent executive search firm as set out in annex IX (limited distribution); and
11. Authorizes the Executive Director Selection Committee to engage the services of the independent executive search firm, with due observance of applicable procurement rules.

The Board, having considered document GCF/B.21/Inf.10/Add.01 titled “Reports from committees, panels and groups of the Board of the Green Climate Fund – Addendum I”:

1. Takes note of the report on the activities of the ad hoc Trustee Selection Committee as contained in document GCF/B.21/ Inf.10/Add.01;
2. Selects and appoints the International Bank for Reconstruction and Development as the Trustee of the Green Climate Fund, subject to paragraph (c) below, and in accordance with the recommendation of the ad hoc Trustee Selection Committee and United Nations Framework Convention on Climate Change decision 9/CP.23, paragraph 16;
3. Requests the Secretariat to enter into direct contracting with the International Bank for Reconstruction and Development and to negotiate and finalize the terms and conditions of the legal and administrative arrangements with the International Bank for Reconstruction and Development in respect of its role as Trustee of the Green Climate Fund in accordance with United Nations Framework Convention on Climate Change decision 9/CP.23, paragraph 16, and the terms of reference of the “Permanent Trustee” as set out in decision B.19/03, annex I, and in a manner which ensures there is no discontinuity in trustee services;2  Authorizes the Executive Director to execute on behalf of the Green Climate Fund the legal and administrative arrangements with the International Bank for Reconstruction and Development referred to in paragraph (c) above;
4. Requests the Secretariat to provide an update to the Board on the matters referred to in paragraphs (c) and (d) above at the twenty-second meeting of the Board; and
5. Decides, in accordance with paragraph 5 of its terms of reference, to terminate the ad hoc Trustee Selection Committee established by decision B.16/05.

The Board, having considered document GCF/B.20/14 titled “Report on the execution of the 2018 administrative budget of GCF as at 31 July 2018”:

Takes note of the report on the execution of the 2018 administrative budget of GCF as at 31 July 2018.

The Board, having considered document GCF/B.21/19 titled “Work programme of the Secretariat for 2019 and administrative budget”:

1. Recognizes that the work programme will help to guide the activities of the Secretariat during 2019;
2. Approves the work programme 2019 as contained in document GCF/B.21/19 and the goals and suggested policy priorities set out therein, in accordance with paragraph 23(e) of the Governing Instrument for the Green Climate Fund;
3. Also approves an administrative budget for the Green Climate Fund for the period 1 January 2019 to 31 December 2019 in the amount of USD 72,568,002, which includes 30,278,395 in new funding, as well as USD 42,289,607 for 2019 staff salaries and emoluments that was approved by the Board in decision B.18/12; and
4. Further approves USD 48,517,729 for projected staff salaries and emoluments for 2021.

The Board, having considered document GCF/B.21/09 titled “Independent Redress Mechanism Work Plan and Budget for 2019”:

Approves the work plan and budget of the Independent Redress Mechanism for 2019 as contained in annex X and XI, respectively (total budgeted amount of USD 1,161,220).

The Board, having considered document GCF/B.21/13 titled “2019 Work Plan and Budget and Update of its Three-year Rolling Work Plan of the Independent Evaluation Unit”:

1. Approves the work plan and budget of the Independent Evaluation Unit for 2019 as contained in document GCF/B.21/13 and annex XII (total budgeted amount of USD 4,502,800); and
2. Notes the update on the rolling three-year work plan of the Independent Evaluation Unit outlined in annex XIII as requested by the Board to ensure flexibility, learning and predictability for the Independent Evaluation Unit.

The Board, having considered document GCF/B.21/22 titled “Workplan and Budget of the Independent Integrity Unit for 2019”:

Approves the workplan and budget of the Independent Integrity Unit for 2019 as contained in annex II and III of document GCF/B.21/22 (total budgeted amount of USD 2,300,000).

The Board, recalling decision B.17/12:

1. Establishes the Performance Oversight Committee of the Executive Director and Heads of Independent Units in accordancewith paragraphs 2(g) and 30 of the Rules of Procedure of the Board;
2. Adopts the terms of reference of the Performance Oversight Committee of the Executive Director and Heads of Independent Units, as set out in annex XIV to this document;
3. Appoints the following Board members as members of the Performance Oversight Committee of the Executive Director and Heads of Independent Units for its initial term:
   1. [name of Co-Chair from developing country Parties];
   2. [name of Co-Chair from developed country Parties];
   3. [name of Board member from developing country Parties]; and
   4. [name of Board member from developed country Parties].