Policy on ethics and conflicts of interest for active observers of the Green Climate Fund

Document cover for Policy on ethics and conflicts of interest for active observers of the Green Climate Fund
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Policy on ethics and conflicts of interest for active observers of the Green Climate Fund

This Policy on Ethics and Conflicts of Interest for Active Observers of the Green Climate Fund sets out principles and ethical standards for the effective participation of the Active Observers in the meetings of the Board of the Fund. The Governing Instrument for the Fund specifies that the Board will invite two civil society representatives and two private sector representatives, to participate in its meetings as Active Observers.

As the Active Observers may, upon invitation of the Co-Chairs, participate in meetings of the Board and receive, in accordance with applicable rules and procedures and with the Fund’s disclosure policies, Board meeting documents, this Policy has been adopted by the Board to provide guidance on matters of professional and personal behaviour of Active Observers, in connection with their participation in the meetings of the Board.

The Policy is in furtherance of the general principle set out in the Governing Instrument that the Fund shall operate in a transparent and accountable manner guided by efficiency and effectiveness.

The Policy acknowledges the role that Active Observers play in ensuring the transparency and accountability of the Fund’s operation, and underpins the willingness of the Board to promote the input and participation of stakeholders throughout this process with a view to strengthening the role that they will play.

Cover date 08 July 2019
Document type Policies, strategies, and guidelines
Table of contents
  • Scope, purpose and applicability
  • Definitions
  • Basic standard of conduct
  • Participation at the meetings
  • Non-compliance with the Policy
  • Conflicts of interest
  • Procedure when a conflict of interest arises
  • Documentation of conflicts
  • Transparency and disclosure of information
  • Gifts and entertainment
  • Employment by the Secretariat
  • Review and amendment
  • Effective date