The Board, having considered document GCF/B.45/11 titled “Performance review of the members of the Accreditation Panel”:
- Reaffirms that, prior to the expiry of each of their terms of membership of the Accreditation Panel, each member of the Accreditation Panel shall undergo a performance review and that any such member shall only be eligible for a subsequent term of membership of the Accreditation Panel if the Board considers that the outcome of the relevant performance review is satisfactory;
- Adopts the updated guiding principles and methodology for the performance review of members of the Accreditation Panel as set out in annex II to document GCF/B.45/11;
- Endorses the updated terms of reference of the performance review of members of the Accreditation Panel as contained in annex III to document GCF/B.45/11;
- Requests the Secretariat to promptly procure the independent consultant or firm for conducting the performance review with the aim of presenting the outcome of such review to the Board for its consideration at its forty-seventh meeting; and
- Also requests the Secretariat to promptly launch the call for experts to the Accreditation Panel, and the Operations and Portfolio Committee to select and nominate members of the Accreditation Panel for the consideration by the Board at its forty-seventh meeting.