B.25/06: Board decisions without a Board meeting
The Board, having considered limited distribution document GCF/BM-2020/04 titled “Status of approved funding proposals: major change to FP027 (Universal Green Energy Access Programme)”:
- Takes note of the no-objection letters submitted by Ethiopia and Uganda for FP027;
- Approves the inclusion of Ethiopia and Uganda as host countries for FP027;
- Also approves the waiver of the drawing condition set out in the approved term sheet for FP027, as described in document GCF/BM-2020/04; and
- Authorizes the Secretariat to negotiate the funded activity agreement for FP027, which shall reflect the changes hereby approved, as contained in document GCF/BM-2020/04.