Policies: Financial instruments
The Governing Instrument sets out that the Fund will provide financing in the form of grants and concessional lending, and through other modalities, instruments or facilities as may be approved by the Board. The policies on financial instruments set out the full range of financial instruments deployed by the Fund and their terms and conditions.
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Financial instruments
4 policies, 1 decision
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Adopted by decision B.05/07. Adopts principles and factors for determining terms of financial instruments.
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Use of other financial instruments
Decision B.08/12 confirms the use of other financial instruments in line with the Fund's allocation criteria, including grants, concessional loans, equity, and guarantees.
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Adopted by decision B.09/04. Adopts the financital terms and conditions of grants and concessional loans and specifies the conditions for deployment of funding instruments.
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Adopted by decision B.19/09. Sets out the Fees Structure for accredited entities (AEs) of GCF for public sector grants for projects/programmes and project/programme preparation under the Project Preparation Facilities (PPFs), and to delivery partners (DPs) for grants under the Readiness Programme.
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General principles and indicative list of eligible costs covered under GCF fees and project management costs
Adopted by decision B.19/09. Outlines the general principles and an indicative list of eligible costs to be covered under accredited entity fees and project management costs.
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Other policy categories
- Accreditation
- Administration
- Business model and allocation
- Complementarity and coherence
- Country ownership
- Financial instruments
- Integrity
- Investment
- Observers
- Operations of the Board
- Project apppoval
- Resource mobilisation
- Results, monitoring and evaluation
- Risk management
- Sustainability
- Terms of reference