This document presents the 2026-2028 work programme of the Secretariat and the proposed 2026-2028 administrative budget of the Secretariat, the Board and the Trustee. It sets out a three-year trajectory detailing how the Secretariat will progress its top priorities for action – enhancing country ownership and access, delivering impact and results, and focusing on people and institutional strengthening – as it works to deliver the GCF Strategic
Plan for 2024-2027 and deliver GCFs third replenishment. This document includes:

(a) A draft decision for Board consideration;
(b) The Secretariat work programme, results framework and administrative budget;
(c) A framework for an output-based budget;
(d) A consolidated overview of the budget of the GCF that includes the budgets of the independent units, as requested by the Budget Committee.