Policy on prohibited practices

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Policy on prohibited practices

GCF maintains a zero-tolerance policy toward Prohibited Practices and is strongly committed to preventing and combating Prohibited Practices. GCF expects individuals and entities involved in Fund-related Activities to observe the highest standards of integrity, to refrain from directly or indirectly, condoning, encouraging, participating in or engaging in Prohibited Practices and to take measures, where and when appropriate, to prevent and combat Prohibited Practices regarding all Fund-related Activities.

Cover date 08 July 2019
Document type Policies, strategies, and guidelines
Table of contents
  • Introduction
  • Purpose
  • Definitions
  • Scope
  • Guiding principles
  • Obligations of Covered Individuals
  • Obligations of Counterparties
  • Actions to be taken by the GCF in cases of prohibited practices
  • Referrals
  • Communication and capacity building actions
  • Policy administration, monitoring, reporting and review
  • Consequential amendments to existing policies
  • Effective Date