B.27/07: Work programme of the Secretariat and administrative budget for 2021

The Board, having considered document GCF/B.27/04 titled “2021 work programme of the Secretariat and annual administrative budget of the GCF Secretariat, Board and Trustee”:


  1. Recognizes that the work programme will help to guide the activities of the Secretariat during 2021;
  2. Approves the 2021 work programme and the goals and suggested priorities set out therein, in accordance with paragraph 23(e) of the Governing Instrument for the GCF;
  3. Also approves the administrative budget for the Secretariat found in table 6 in annex II of document GCF/B.27/04 for the period 1 January 2021 to 31 December 2021 in the amount of USD 75,018,024, which includes 26,500,295 in new funding, as well as the USD 48,517,729 for 2021 staff salaries and emoluments that was approved by the Board in decision B.21/09;
  4. Recognizes that the new funding of USD 26,500,295 includes a contingency budget of USD 1,500,545
  5. Requests the Executive Director to consult with the Budget Committee on the allocation of the contingency budget;
  6. Approves USD 55,889,131 for projected staff salaries and emoluments for 2023;
  7. Also approves a budget for the Board in the amount of USD 4,756,436 as found in table 5 in annex II of document GCF/B.27/04; 
  8. Further approves a budget for the Trustee in the amount of USD 3,756,000 as included in table 19 in annex II of document GCF/B.27/04; and
  9.  Requests the Secretariat to present a comprehensive financial plan to manage the commitment authority for the entire GCF first replenishment programming period for consideration by the Board at its twenty-ninth meeting