GCF publishes the tentative funding proposal schedule for B.26

  • Article type Press release
  • Publication date 23 Dec 2019

The Green Climate Fund has published the tentative timeline for its twenty-sixth Board meeting (B.26) following the decision by the Board at the twenty-third meeting to hold B.26 from 23 to 25 June 2020 in Songdo, Incheon, Republic of Korea. The timeline lists key dates leading to the Board meetings, where the 24 Board members decide on funding proposals brought forward by GCF Accredited Entities.

As the GCF moves into its first replenishment period, it is undertaking measures to streamline its processes, particularly with a view to accelerate the implementation of projects and programmes upon approval. To facilitate this, work typically undertaken after the approval of projects and programmes will now be undertaken prior to approval. This will require the earlier submission and processing of funding proposals.

Towards this end, the tentative timeline for B.26 is presented below. Furthermore, as B.26 will be a transition Board meeting for such streamlining, the Secretariat will provide timelines for the twenty-seventh Board meeting (B.27) and subsequent Board meetings in January 2020.

Key Milestones (Tentative) Dates
Deadline to submit funding proposals to GCF for public and private sectors 23 January 2020
Deadline for disclosure of ESS reports for category A projects and I-1 programmes 21 February 2020*
Submission to the independent Technical Advisory Panel (iTAP) for public and private sectors 3 April 2020
iTAP meeting 4-13 May 2020
Deadline for disclosure of ESS reports for category B projects and I-2 programmes 22 May 2020*
Publication deadline 2 June 2020
B.26 23-25 June 2020

* Per paragraph 17 of GCF’s Information Disclosure Policy, the AE shall disclose the ESS report/s in English and the local language (if not English) in the project/ programme location. The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and (iii) to the Board and active observers by way of a notification via the Secretariat. The deadline for such disclosures shall be 120 days (A or I-1) or 30 days (B or I-2) in advance of the AE’s or GCF’s Board decision, whichever is earlier.

** Please note that all funding proposals submitted for B.26 should use the latest funding proposal template. The new revised template and relevant annexes can be found on the GCF website.