This document presents the 2024 work plan and budget of the Independent Redress Mechanism (IRM) of the GCF. The IRM is one of the three accountability mechanisms of the GCF and is mandated by its Governing Instrument. This work plan seeks to give effect to the Board decisions concerning the IRM. The work plan has five components as follows:

(i) Operate the IRM;

(ii) Address requests for reconsideration of funding decisions and complaints from GCF project affected people;

(iii) Provide advice;

(iv) Develop the capacity of grievance redress mechanisms of DAEs; and

(v) Conduct outreach.

A draft decision is presented in annex I for Board consideration.