B.12/24: Funding proposals and matters related to the proposal approval process; including status of the Fund’s pipeline and the Project Preparation Facility: Project Preparation Facility

The Board, having considered document GCF/B.12/Inf.06/Add.02 titled “Progress and outlook report of the Readiness and Preparatory Support Programme – addendum project preparation funding application”,

  1. Takes note of the project preparation funding application for the Rural Green Economy and Climate Resilient Development Programme (by the Ministry of Natural Resources of Rwanda), as contained in document GCF/B.12/Inf.06/Add.02;
  2. Also takes note of the assessment of the Secretariat in accordance with decision B.11/11, paragraph (l); and
  3. Approves the amount of USD 1.5 million in grants for the project preparation of the programme titled “Rural Green Economy and Climate Resilient Development Programme”, submitted by the Ministry of Natural Resources of Rwanda.