44th Board Meeting of the GCF

The Green Climate Fund is the world’s largest multilateral climate fund, serving as the operating entity of the United Nations Framework Convention on Climate Change (UNFCCC)’s climate finance mechanism. Established at COP16 in 2010, the Fund is governed by the GCF Board, whose members represent both developed and developing countries. 

The GCF Board convenes for meetings thrice each year, along with key representatives from member countries, civil society, financial institutions, and the private sector, with the aim of facilitating multisectoral discussion and consensus-based decision-making finding effective, inclusive, and sustainable ways forward in responding to the climate crisis. 

The 44th Board Meeting of the Green Climate Fund (B.44; also the first Board Meeting of 2026), will be held 25-28 March, 2026 at the GCF’s headquarters in Songdo, Incheon, South Korea. The live webcast of B.44 may be accessed through the GCF Website.

The GCF observer network of civil society, Indigenous Peoples, and local communities at B.44

The GCF observer network of civil society, Indigenous Peoples, and local communities hold preparatory meetings and engage in discussions with several governing bodies of the Green Climate Fund as part of the 44th Board Meeting (B.44) in Songdo, South Korea. Preparatory meetings serve as the venue for the network to review and discuss the different proposals and documents to be evaluated by the GCF Board during B.44, to be held March 25-28, 2026. Meanwhile, meetings with governing bodies aim to promote an effective and inclusive GCF through knowledge sharing and collaboration.
As the first Board Meeting of 2026, B.44 also marks the beginning of a new term for the network’s active observers: Tara Daniel of the Women’s Environment and Development Organization (WEDO) and Angelo Kairos dela Cruz of the Institute for Climate and Sustainable Cities will continue serving as Primary Active Observers, representing developed and developing country CSOs respectively, while Liane Schalatek of the Heinrich Böll Foundation Washington and Natalia Daza of the Interamerican Association for Environmental Defense (AIDA) will act as Alternate Active Observers.

Funding proposals

Access all funding proposals submitted for B.44 at the Green Climate Fund website.

The network notes that interventions on funding proposals were prepared and disseminated to the GCF Secretariat and Board Members prior to the start of B.44. However, due to limited time, not all interventions were delivered during the Board Meeting.

Consideration of Funding Proposals
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FP296

Navis Decarbonization Fund I

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FP301

Responsible Commodities FacilityDeforestation and Conversion Free: Finance for soy production in the Cerrado, Brazil (RCF-DCF Project)

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FP290

Driving Mozambique’s climate resilience through energy access and climate-smart Productive use of Renewable Energy

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FP293

Food Securities Fund Accountable Cocoa and Coffee Tranche (FSF ACCT)

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FP302

EcoEnterprises Partners IV

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FP291

Resilient Energy Access for Inclusive Development

As Delivered
FP297

CC Asia Climate Fund (CC-ACF)

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Accreditation

Access all accreditation proposals submitted for B.44 at the Green Climate Fund website.

Consideration of Accreditation Proposals
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SAP066

SCALE – Strengthening Chad’s Adaptation for Land, Ecosystems and smallholders

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SAP069

Strengthening Community Resilience to the Adverse Effects of Climate Change with an Emphasis on Food Security and Gender Considerations in Priority Areas of EcuadorFORECCSA+

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Policies

Access all policy and information documents submitted for B.44 at the Green Climate Fund website.

All interventions on policies were prepared prior to the start of B.44. However, due to limited time, not all interventions were delivered during the Board Meeting.

Review of Committees: Co-chairs’ Proposal for an updated structure for Board Committees
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Operationalizing the GCF Regional Presence
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Report on the Execution of the 2025 Administrative Budget of the GCF
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Co-chairs’ Proposal on a Board Training Programme
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Independent Evaluation of GCF Approach to Country Ownership
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Roadmap to the Updated Strategic Plan for 2028-2031: Co-chairs’ Proposal
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Status of the GCF resources, portfolio, and pipeline
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Review of the Independent Technical Advisory Panel (iTAP)
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Co-chairs’ Proposal on a Board Workplan
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Independent Evaluation of the GCF’s Approach to and Portfolio of Climate Information and Early Warning System Interventions
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Independent Evaluation of the GCF’s Simplified Approval Process
As DeliveredView Full Intervention
Report on the Activities of the Secretariat
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Terms of References

For consultancy services for a broad review of the objectives, role, structure, governance and operational modalities of the Accreditation Panel in supporting Board decisionmaking under revised Accreditation Framework

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Guidance from the thirtieth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change: Co-Chairs’ proposal
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Overarching Intervention on the Reports of the Independent Units
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