Risk management framework
GCF’s risk management framework defines GCF’s approach to managing risk at both the institutional and funding proposal investment level, covering funding, non-financial, investment and compliance risks. It also contains GCF’s risk appetite, approach to assessing risk throughout the project review as well as approaches to reporting on risk matters. This policy category also includes the GCF’s internal control framework.
Policies and decisions
Adopted by decision B.BM-2015/06 (c). Establishes the administrative guidelines on the internal control framework and internal audit standards.