40th Board Meeting of the GCF

The Green Climate Fund (GCF) is the climate finance mechanism of the United Nations Framework Convention on Climate Change (UNFCCC), and is the largest multilateral climate fund in the world. The management of the Fund is governed by the GCF Board, which convenes three times each year to help facilitate consensus-based decision-making among the Board Members, representing developed and developing countries. 

The Board Meetings also bring together key representatives from member countries, civil society, financial institutions, and the private sector for a multisectoral discussion on effective, inclusive, and sustainable ways of responding to the climate crisis. 

The 40th Board Meeting of the GCF (B.40) is held on October 21 to 24, 2024 in Songdo, Incheon, South Korea—also home to the Fund’s headquarters. The webcast of this board meeting may be accessed here.

News and Updates

UPDATES: Day 3 of the 40th GCF Board Meeting

GCFNews
You can watch the GCF B39 proceedings live and on demand here: https://www.greenclimate.fund/boardroom/meeting/b40#videos  Full transcript of the interventions by the GCF Observer Network are available here: https://www.gcfwatch.org/resources/board-meeting-resources/40th-board-meeting-of-the-gcf  DAY 3 –…

UPDATES: Day 2 of the 40th GCF Board Meeting

GCFNews
You can watch the GCF B39 proceedings live and on demand here: https://www.greenclimate.fund/boardroom/meeting/b40#videos  Full transcript of the interventions by the GCF Observer Network are available here: https://www.gcfwatch.org/resources/board-meeting-resources/40th-board-meeting-of-the-gcf  DAY 2 –…

The GCF observer network of civil society, Indigenous Peoples, and local communities at B.40

The GCF observer network of civil society, Indigenous Peoples, and local communities actively participates in Board Meetings of the GCF, working to strengthen engagement and input in the GCF through sharing of information and collaboration on analyses, positions, and advocacy.

This B.40, the network reviewed and discussed all the documents submitted to the GCF Board, and released interventions specifically for the following documents.

Funding proposals

Access all funding proposals submitted for B.40 at the Green Climate Fund website.

Overarching Comments on Funding Proposals
SAP045

Scaling up Climate Resilience Solutions for Burundian Smallholders

SAP047

Climaventures: Harnessing the Domestic Private Sector Ecosystem for Climate Action in Pakistan

FP243

Climate-resilient community access to safe water powered by renewable energy in drought-vulnerable regions of Ethiopia

FP244

Climate Resilient Health and Well-Being for Rural Communities in southern Malawi (CHWBRC)

FP245

Green City Kigali: a new model for urban development in Rwanda

FP246

Climate Resilient Agriculture in Somalia (Ugbaad)

FP247

Local Climate Adaptive Living Facility Plus (LoCAL+) – West Africa (Burkina Faso, Ivory Coast, Mali and Niger)

FP248

Land-based Mitigation and Adaptation through a Jurisdictional Approach in West Kalimantan

FP250

Achieving emission reduction in the Central Highlands and South Central Coast of Viet Nam to support National REDD+ Action Programme goals (RECAF)

FP251

Barbados Climate Resilient South Coast Water Reclamation Project (SCWRP)

FP252

Acumen Resilient Agriculture Fund II

FP253

Greening Financial Systems: Delivering Climate Finance for All

FP254

GCF-IFC Scaling Resilient Water Infrastructure (RWI) Facility

Accreditation

Access all accreditation proposals submitted for B.40 at the Green Climate Fund website.

Overarching Comments on Accreditation
APL142: Asian Infrastructure Investment Bank

Policies

Access all policy and information documents submitted for B.40 at the Green Climate Fund website.

Independent Evaluation of Relevance and Effectiveness of the GCF’s investments in the Latin American and Caribbean (LAC) States
Risk Appetite Statement
Policy for results-based payments for REDD+
Terms of Reference Consultancy Services to support the Review of the GCF’s Independent Technical Advisory Panel
Revised Accreditation Framework
Work Programme and Budget of the Independent Integrity Unit for 2025 – 2027
Report on the activities of the Independent Redress Mechanism
Independent Redress Mechanism Work Plan and Budget for 2025-2027
Report on the Activities of the Secretariat
Secretariat Work Programme and Annual Administrative Budget for 2025-2027
Independent Evaluation of the GCF’s Approach to and Protection of Whistleblowers and Witnesses