B.15/12: Approval of the work plans and budgets of the independent accountability units: Independent Redress Mechanism

The Board, having considered document GCF/B.15/19 titled “Independent Redress Mechanism Unit work plan & budget for 2017”:

1. Approves the work plan and budget of the Independent Redress Mechanism Unit for 2017 as contained in document GCF/B.15/19 and annex XVI to this document (total budgeted amount of USD 999,141), respectively;
2. Invites the Head of the Independent Redress Mechanism Unit to consult with the Ethics and Audit Committee in the implementation of the work plan, including the consultation process, as appropriate;
3. Authorizes the Head of the Independent Redress Mechanism Unit to undertake consultations on the revised terms of reference for the Independent Redress Mechanism in accordance with decision B.13/24, and present a draft revised terms of reference for the Board’s consideration at its sixteenth meeting; and
4. Also authorizes the Head of the Independent Redress Mechanism Unit to undertake consultations on the detailed guidelines and procedures for the operation of the Independent Redress Mechanism, and present a draft of the same for the Board’s consideration no later than at its eighteenth meeting.