Operations and Portfolio Committee
Governance
Operations and Portfolio Committee
Operations and Portfolio Committee will consider and provide strategic recommendations to the Board on the Green Climate Fund’s accreditation and investment frameworks across the full project and activity cycle and in accordance with the Fund’s objectives, result areas, social and environmental safeguards, and risk management framework. Specifically, it will:
- Oversee the development and revision by the Secretariat of the Fund’s investment framework, consistent with applicable Board decisions, for consideration by the Board;
- Review and make recommendations to the Board on investment strategy and financial instruments, including with regard to supporting economically viable projects/programmes and alignment and compliance with the Fund’s objectives, social and environmental safeguards and risk management framework;
- Oversee and review periodic assessments by the Secretariat of the Fund’s portfolios to ensure consistency with the Fund’s investment strategy;
- Review and recommend for Board consideration proposed amendments to the Fund’s Board-adopted investment‐related policies and documents and the use of various financial instruments;
- Consider results and impact data, and lessons learned from pertinent evaluations;
- Provide guidance on the development of policies and procedures for the Fund’s guiding framework for the accreditation process;
- Provide policy guidance to the Accreditation Panel to facilitate the accreditation process without interfering with the technical assessments of the Panel;
- Consider recommendations and advice provided to it by the Accreditation Panel;
- Consider endorsement of the three-year rolling workplans and annual work programme of the Independent Evaluation Unit prior to their consideration by the Board; and
- Consider any other matter referred to it by the Board.
Established by decision B.44/16
Committee secretary: Alessio Manes
Terms of 3 years, subject to review of committees
Members
Developing countries constituency
- Antwi-Boasiako AMOAH
- Mohammad AYOUB
- Isatou F CAMARA
- Haiyang LI
Developed countries constituency
- Gisella BERARDI
- Richard BONTJER (Chair)
- Anne MOULIN
- Salka SIGURDARDOTTIR