Decision of the Board on the revisions to the Green Climate Fund’s Environmental and Social Policy to reaffirm the Fund’s commitment to addressing Sexual Exploitation, Sexual Abuse, and Sexual Harassment

The Board, having considered document GCF/BM-2021/17, titled “Revisions to the Green Climate Fund’s Environmental and Social Policy to reaffirm the Fund’s commitment to addressing Sexual Exploitation, Sexual Abuse, and Sexual Harassment”:

1. Reiterates the commitment of GCF to the highest standards of integrity, including its zero tolerance for sexual exploitation, sexual abuse and sexual harassment;
2. Adopts the revised Environmental and Social Policy as set out in annex I to this document to replace the Environmental and Social Policy adopted by the Board pursuant to decision B.19/10 with respect to projects and programmes approved at or after the thirty-second meeting of the Board;
3. Decides that the revised Environmental and Social Policy adopted by this decision will apply to all GCF-financed projects and programmes submitted for consideration by the Board on or after the thirty-second meeting of the Board, and that the Environmental and Social Policy adopted by the Board pursuant to decision B.19/10 will apply to GCF-financed projects and programmes submitted for consideration by the Board prior to the thirty-second meeting of the Board;
4. Requests the Secretariat to develop a Sexual Exploitation, Sexual Abuse, and Sexual Harassment Action Plan as described in the revised Environmental and Social Policy adopted by this decision, no later than the thirty-first meeting of the Board; and
5. Approves the budget for the implementation of the revised Environmental and Social Policy, for the total budgeted amount of USD 320,650.