The audited financial statements for the years ending December 31, 2018 and 2017 include the income statement, statement of financial position, statement of changes in funds, statement of cashflows and the notes to the financial statements of GCF.

The 2018 financial statements were prepared by the Green Climate Fund Secretariat, complying with the International Financial Reporting Standards framework. The Secretariat maintains appropriate accounting and internal control systems to enable production of reliable financial statements. These include written policies and instructions, segregation of duties and internal checks, qualified and well-trained personnel, routine audits and oversight of the reporting process by the Ethics and Audit Committee.

Grant Thornton, an independent audit firm, was engaged to review and provide an opinion on whether the 2018 financial statements have been prepared and presented fairly and in accordance with the international financial reporting framework.