B.42/15: Staff Regulations, including revised salary structure
The Board, having considered document GCF/B.42/15 titled “Staff Regulations” and its addendum Add.01:
- Recalls decision B.38/06, in which the Board adopted the GCF Compensation Philosophy;
- Decides to continue upholding the international character of the Fund, striving to ensure geographical balance and diversity among its staff, while leveraging local labour markets, as appropriate;
- Takes note that standards of conduct will be developed reflecting the values and character of GCF to apply to both staff members and non-staff contracted personnel, such as consultants and interns;
- Decides that until the standards of conduct are adopted by the Board, the Code of Conduct, currently set out in the Administrative Guidelines on Human Resources, will continue to apply to staff;
- Recalls decision B.11/01, providing the appointment level range for the Heads of the independent units, which remains in effect;
- Requests the Performance Oversight Committee of the Executive Director and the Heads of the independent units to:
- Conduct a review of the salary levels of all Board-appointed officials; and
- Develop, for the Board’s consideration no later than at its forty-third meeting, a proposed salary scale for Board-appointed officials;
- Adopts the Staff Regulations, as contained in annex IX;
- Also adopts the Staff Rules, as contained in annex X, to implement the Staff Regulations, hereinafter to be supplemented, amended, revoked or replaced by the Executive Director in a manner consistent with the Staff Regulations; and
- Decides that the Staff Regulations and the Staff Rules will enter into force no later than 1 January 2026 and together will replace the Administrative Guidelines on Human Resources adopted through decision B.08/17 and subsequently amended by decisions B.34/20, B.34/21 and B.37/08.