Administrative guidelines on the internal control framework and internal audit standards

Cover date: 27 Jun 2015
Document type: Policies, strategies, and guidelines
Themes: Risk management , Administration

Adopted by decision B.BM-2015/06 (a). Adopts the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework as the internal control framework for the GCF.
Adopted by decision B.BM-2015/06 (c). Establishes the administrative guidelines on the internal control framework and internal audit standards.

Endorsement of the sixth expert to the Accreditation Panel

Decision code: B.BM-2015/01
Date: 30 Jan 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.08/20 and through a decision taken between meetings on a no‐objection basis:

Endorses the nomination by the Accreditation Committee of the following expert to the Accreditation Panel for one term:

Mr. Max Contag (Ecuador).

Appointment of the external auditors

Decision code: B.BM-2015/02
Date: 13 Mar 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.08/20 and through a decision taken between meetings on a no-objection basis:

Appoints Daemyung Grant Thornton as the External Auditor of the Fund for a three-year period beginning with the audit of the 2014 financial statements.

Accreditation of observer organizations

Decision code: B.BM-2015/03
Date: 04 Mar 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.08/20 and through a decision taken between meetings on a no-objection basis:

Approved the accreditation of following organizations as observer organizations with the Fund:

Civil Society Organizations:

Catholic Agency for Overseas Development
Climate Change, Agriculture and Food Security hosted by University of Copenhagen (CCAFS)
Climate Justice Programme Inc. (CJP)
Climate Mundial Limited
Society for Development Alternatives
Energy Research Center of the Netherlands
The Federation for Associations connected to the International HUMANA PEOPLE to PEOPLE Movement (Humana People to People) (FAIHPP)
Indus Development Organization (I.D.O.)
Abdul Momen Khan Memorial Foundation (Khan Foundation)
Korea Federation for Environmental Movements
New Climate Institute for Climate Change and Global Sustainability
Sindh Community Foundation (SCF)
World Vision International (WVI)

Private sector organizations:

Beijing Tianqing Power International CDM Consulting Co. Ltd. (TQ Power)

International entities:

Nordic Environment Finance Corporation (NEFCO)
Secretariat of the UN International Strategy for Disaster Risk Reduction

Appointment of members of the Appointment Committee

Decision code: B.BM-2015/04
Date: 26 May 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, through a decision taken between meetings on a no-objection basis:

Appoints the following members and alternate members of the Board to the Appointment Committee, in accordance with the Terms of Reference as set out in Annex XV to decision B.09/14.

Ms. Aize Azqueta;
Ms. Andrea Ledward;
Mr. Jan Cedergren;
Ms. Mariana Micozzi;
Mr. Nojibur Rahman; and
Mr. Zaheer Fakir.

Administrative guidelines on the budget and accounting system

Decision code: B.BM-2015/05
Date: 16 Jun 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board having reviewed document B.BM-2015/04 Administrative Guidelines on the Budget and Accounting System:

Approves the Administrative Guidelines on the budget and accounting system contained in Annex I hereto;
Notes that the Board retains the right to request revision of these guidelines if warranted; and
Confirm the Executive Director to promulgate and implement the guidelines.

Administrative guidelines on the Internal Control Framework and Internal Audit Standards

Decision code: B.BM-2015/06
Date: 27 Jun 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, having considered the information contained in document GCF/BM-2015/Inf.06 Administrative Guidelines on the Internal Control Framework and Internal Audit Standards:

Adopts the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework as the internal control framework for the Green Climate Fund (the Fund);
Also adopts the Institute of Internal Auditor’s (IIA) International Professional Practices Framework (IPPF) that comprises the Definition of Internal Auditing, the Standards, and the Code of Ethics applied to the Fund’s internal auditor; and
Requests that the Executive Director implement the internal control framework and oversee the implementation of the internal audit framework by the Fund’s Internal Auditor in line with Annex I to this document.

Accreditation of observer organizations

Decision code: B.BM-2015/07
Date: 23 Jun 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.08/20 and through a decision taken between meetings on a no-objection basis:

Approved the accreditation of the following organizations as observer organizations with the Fund:

Civil Society Organizations:

Center for American Progress

Centre de Suivi Ecologique (CSE)

Centre for Science and Environment (CSE)

Fundación Ambiente y Recursos Naturales (FARN)

Foundation for a Sustainable Society Inc (FSSI)

Green Asia Network (GAN)

Huvadhoo Aid (HAD)

Oil Change International (OCI)

Private sector organizations:

Carbonbay GmbH & Co. KG

International entities:

Caribbean Development Bank (CDB)

International Labour Organization (ILO)

Observatoire du Sahara et du Sahel Sahara and Sahel Observatory (OSS)

Dates of the eleventh meeting of the Board

Decision code: B.BM-2015/08
Date: 11 Sep 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.10/19 and through a decision taken between meetings on a no‐objection basis:

Decided that its third meeting in 2015 will take place from 2 to 5 November 2015.

Accreditation of observer organizations

Decision code: B.BM-2015/09
Date: 22 Oct 2015
Decision type: Inter-session
Meeting: B.BM-2015

The Board, in accordance with decision B.08/20 and through a decision taken between meetings on a no-objection basis:

Approved the accreditation of the following organizations as observer organizations with the Fund:

Civil Society Organizations:

Afrique Action contre les Changements Climatiques (ACC)
African Center for a Green Economy (Africege)
African Climate Finance Hub (ACFH)
Asabe Shehu Yar’Adua Foundation (ASYARF)
Asia-Pacific Network for Food Sovereignty (APNFS)
Association pour l’integration et le developpement durable au Burundi (AIDB NGO)
Asociacion Interetnica de Desarollo de la Selva Peruana (AIDESEP)
Benin Environment and Education Society (BEES NGO)
Centar za životnu sredinu/Center for Environment, Friends of Earth Bosnia and Herzegovina (CZZS/CfE/FoE BiH)
Center for Clilmate and Energy Solutions (C2ES)
Center for Global Development (CGD)
Centre for Renewable Energy and Action on Climate Change (CREACC)
CERES Inc.
Climate Change Center (CCC)
Climate & Sustainable Development Network of Nigeria (CSDevNet)
Congolese Association for Agriculture Development (ACDA)
Consejo Civil Mexicano para la Silvicultura Sostenible A.C. (CCMSS)
Defense against AIDS Poverty and Underdevelopment (DAAPU)
Delta Electronics Foundation
Development & Integrity Intervention Goal Foundation (DIG Nigeria)
Development Wheel (DEW)
Echnoserve Consulting
Energy Efficiency Center Georgia (EEC)
Environmental Investment Fund (EIF)
Environmental Management for Livelihood Improvement Bwaise Facility (EMLI)
Federation for Self-Determination of Indigenous Peoples (FAPI)
Fundación Hondureňa de Ambiente y Desarollo Vida (Fundación Vida)
Gender and Water Alliance (GWA)
Gorakhpur Environmental Action Group (CEAG)
Governors’ Climate and Forests Fund
Helvetas Swiss Intercooperation (Helvetas)
Independent University Bangladesh (IUB)
Institute of Sustainable Development (ISD)
Klima-Buendnis der europaeischen Staedte mit indigenen Voelkern der Regenwaelder / Alianza del clima e.V. (Climate Alliance)
Logos
Mulanje Mountain Conservation Trust (MMCT)
Organisation pour l’Environnement et le Développement Durable (OPED)
Organización de los Pueblos Indígenas de la Amazonía Colombiana (OPIAC)
Phunzirani Development Organnisation (PDO)
Profonanpe
Rainforest Foundation Norway (RFN)
Small and Medium Scale Entrepreneurship Fundamentals Foundation (SMEFUNDS)
South Asian Forum for Environment (SAFE)
Stiftung myclimate – The Climate Protection Partnership (myclimate)
Stockholm International Water Institute (SIWI)
The Asia Foundation (TAF)
Technical University Denmark (DTU)
The Energy and Resource Institute (TERI)
The Regional Network of Local Authorities for the Management of Human Settlements (CityNet)
Trinannul Unnayan Sangstha (TUS)
Voluntary Association for Agriculture, General Development, Health & Reconstruction Alliance (VAAGDHA)
Water Aid World Bioenergy Association (WBA)
Ya’axche Conservation Trust

Private sector organizations:

Climate Focus B.V.
Dalberg Global Development Advisors (DGDA)
Differ AS
Global Off-Grid Lighting Association (GOGLA)
Korea Security Computer Corporation (KOSKOM)
Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. (MUMSS)
Mott MacDonald Limited
Shared Value Africa Limited (SVA)
Sindicatum Sustainable Resources Private Limited (Sindicatum)
Swiss Foundation of Small and Medium Enterprises (sgv)
Swiss Reinsurance Company Ltd. (Swiss Re)
World Coal Association (WCA)

International entities:

Caribbean Community Climate Change Centre (CCCCC)
Central American Bank for Economic Integration (CABEI)
International Energy Agency (IEA)
United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)
Sustainable Energy for All Initiative (SE4All)
United Nations High Commissioner for Refugees (UNHCR)
West African Science Service Center on Climate Change and Adapted Land use (WASCAL)

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