B.42/04: Reports from Board committees, panels and groups

The Board, having considered confidential document GCF/B.42/17 titled “Allegations of misconduct against a Board-appointed official” and the documents referenced in it:

1. Takes note of the Ethics and Audit Committee’s strictly confidential memorandum, and the Executive Summary of the independent investigation report;
2. Also takes note of:
   1. The decision of the Ethics and Audit Committee on the closure of the investigation;
   2. The recommendation of the Ethics and Audit Committee to the Board; and
   3. The views of the aforementioned Board-appointed official on the investigation report, which were submitted to the Board on 25 June 2025;
3. Decides to close the matter with immediate effect; and
4. Requests the Chair of the Ethics and Audit Committee to inform all the concerned individuals, as appropriate.