B.44/16: Review of committees
The Board, having considered document GCF/B.44/16/Rev.01 titled “Review of committees: Co-Chairs’ proposal for an updated structure for Board committees”:
- Establishes, effective as of 1 April 2026, the committees under the updated structure described in document GCF/B.44/16/Rev.01 and adopts the terms of reference for Board committees as set out in annex III, also effective as of 1 April 2026;
- Confirms that the membership of the Ethics and Audit Committee and the Performance Oversight Committee remain unchanged;
- Decides to disband the Private Sector Advisory Group established through decision B.05/13, paragraph (h);
- Adopts updated General guidelines for the operation of Board committees, established through decision B.40/03, paragraph (a), as set out in annex IV;
- Confirms that any references to the committees or functions listed in annex V shall, effective immediately, be interpreted as referring to their respective successor committees and functions established under paragraph (a) of this decision;
- Decides that all existing mandates, delegated authorities, and procedural requirements previously assigned to the former committees remain in full force and effect for the respective successor committees;
- Requests the Co-Chairs, with the support of the Secretariat, to continue to consult with the Board and present proposal(s) to increase the efficiency and effectiveness of Board governance and committees, prioritizing the delivery of existing mandates for consideration by the Board; and
- Decides to review the Board committee structure in two years’ time.