B.15/05: Terms of reference for the annual review of the financial terms and conditions of the Green Climate Fund’s financial instruments

The Board, having considered document GCF/B.15/09 titled “Terms of reference for the annual review of the financial terms and conditions of the Green Climate Fund financial instruments”:

  1. Adopts the terms of reference for the review of the financial terms and conditions of the Green Climate Fund’s financial instruments contained in annex I to this document; and
  2. Requests the Secretariat to carry out such a review, with support from external consultants and in consultation with the Investment Committee, with the aim of submitting a review report to the Board at its sixteenth meeting, and no later than its seventeenth meeting.