Administrative Remedies and Exclusion Policy

Document cover for Administrative Remedies and Exclusion Policy
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Administrative Remedies and Exclusion Policy

  1. The Green Climate Fund (GCF or the Fund) has a zero-tolerance policy towards prohibited practices.1 It is, therefore, essential that the GCF does business with parties that adhere to the highest integrity standards.
  2. Recalling Clause IX – Fiduciary standards, paragraph 63, of the Governing Instrument for the Green Climate Fund, the purpose of this policy is to ensure the application of fiduciary principles and standards to the Fund’s entities and all operations, projects, and programmes financed by the Fund, including implementing entities. Accordingly, this Policy establishes a regime for remedies and exclusion of individuals and entities engaged in the misuse of the proceeds of GCF financing in Fund-related Activities. The ultimate objective is to ensure that GCF financing is used solely for its designated purpose.
  3. The administrative remedies and exclusion regime establishes a formal administrative process that is designed to protect the Fund from abuses, while offering the respondents due process before deciding on an appropriate action. This Policy is intended to protect the interests, resources, and reputation of the GCF while affirming the fiduciary duties of counterparties doing business with the Fund. It serves the dual objectives of:
    1. Excluding actors (individuals or entities) engaged in prohibited practices from access to GCF financing for the period to be decided by the Case Review Officer and/or Case Review Panel; and
    2. Providing for reform opportunities by requiring the individuals or entities to adhere to GCF Integrity Compliance Guidelines2 before being reconsidered for GCF financing. This Integrity Compliance Programme will be monitored by the Independent Integrity Unit (IIU) to guarantee adherence to the highest integrity standards while ensuring that appropriate controls and mechanisms are in place to prevent future reoccurrence of integrity violations.
Cover date 12 May 2021
Document type Policies, strategies, and guidelines
Table of contents
  1. Introduction
  2. Scope of the policy
  3. Definitions
  4. Commencement of the Administrative Remedies and Exclusion proceedings
  5. Case Review Panel
  6. Imposition of administrative remedies and/or exclusion
  7. Further procedural matters
  8. Disclosure
  9. Temporary exclusion
  10. Settlements
  11. Recognition of debarment/exclusion
  12. Policy implementation, monitoring, reporting and review
  13. Effective date