Boardroom
GCF embodies equitable governance to respond to the global challenge of climate change, one that ensures consensus-based decisions between developed and developing countries.
Board decisions
Most decisions are adopted by the GCF Board during its regular meetings, with a few being adopted in between sessions. These decisions are listed on this section, as well as in the various Board meeting pages. Policies and strategies adopted by some of these decisions are extracted and mapped in our policies and stategies page.
The Board, having considered document GCF/B.06/07 Country Ownership:
Requests Board members/alternate members Mr. Dipak Dasgupta, Mr. Omar El-Arini, Mr. Anton Hilber and Mr. Alexander Severens to continue undertaking their deliberations on country ownership and to report back to the Board at its seventh meeting with a proposal for decision.
The Board, having considered document GCF/B.06/14 Detailed Programme of Work on Readiness and Preparatory Support:
- Takes note of the priority activities for readiness and preparatory support:
- Establishment of national designated authorities or focal points;
- Strategic frameworks, including the preparation of country programmes;
- Selection of intermediaries or implementing entities;
- Initial pipelines of programme and project proposals;
- Requests the Secretariat to elaborate a revised detailed programme of work, for consideration by the Board at its seventh meeting, that includes the following:
- Readiness activities to be undertaken in countries based on requests for support resulting from a consultation with countries and stakeholders;
- A delivery plan for the implementation of these readiness activities. The delivery plan will be developed in consultation with countries and existing initiatives. It will include a timeline and modalities for implementation;
- Options for entering into partnerships with existing initiatives, including of sub-national, national, regional and international actors, in order to implement the readiness activities supported by the Fund;
- Decides from the resources available or to be made available in the Green Climate Fund Trust Fund, the allocation of funds in the amount of US$ 1 million to the Secretariat for the preparation of a detailed programme of work and authorizes the Interim Trustee to commit and transfer such funds from the Green Climate Fund Trust Fund to the Secretariat, subject to the availability of resources in the Green Climate Fund Trust Fund;
- Requests the Secretariat to seek transparency, complementarity, and coherence amongst existing initiatives, and to establish and maintain an information-sharing platform and dialogue and facilitate South-South exchanges;
- Requests the Secretariat to review the modalities for the delivery of readiness support once the Fund’s accreditation and allocation policies are approved, with a view of ensuring consistency with the other established operational modalities of the Fund, for consideration by the Board;
- Requests the Executive Director to report to the Board twice a year on:
- Activities undertaken, including joint activities with existing initiatives;
- The progress of committing and disbursing available funds.
The Board, having considered document GCF/B.06/16 Financial Terms and Conditions of Grants and Concessional Loans:
Requests the Secretariat to revise document GCF/B.06/16 for the seventh Board meeting, taking into account the ongoing work on the financial risk management and investment frameworks.
The Board:
Decides that its second meeting in 2014 will take place on 18-21 May 2014 in Songdo, Republic of Korea.
The Board, having considered document GCF/B.06/Inf.05 Logo of the Fund:
- Requests the Secretariat to coordinate the re-design of the colour and shape of the proposed logo with the logo designer;
- Requests the Logo Selection Panel to review the revised design and, if agreed, forward it to the Board for approval.