B.15/14: Administrative matters: Administrative budget and work programme of the Secretariat for 2017

The Board, having reviewed document GCF/B.15/21 titled “Administrative budget of the Green Climate Fund for 2017”:

1. Takes note of the original recommendation of the Budget Committee to approve a total administrative budget for the calendar year 2017 of USD 45,666,356;
2. Approves an administrative budget of the Green Climate Fund for the period from 1 January 2017 to 31 December 2017 in the amount of USD 43,401,071, including USD 3,125,835 in staff costs approved by decision B.05/20 (annex XVIII to this document); and
3. Requests the Secretariat to submit a 2017 work plan and any required budget adjustments for the consideration of the Board at its sixteenth meeting.