B.09/02: Analysis of the expected role and impact of the Green Climate Fund

The Board, having considered document GCF/B.09/06 Analysis of the Expected Role and Impact of the Green Climate Fund,

1. Takes note of the findings of the analysis undertaken by the Secretariat, including illustrative investment opportunities in the Fund’s results areas; and
2. Requests the Secretariat to monitor the portfolio, report to the Board, and recommend needed actions, in order to align the portfolio composition with the initial results management framework as contained in decision B.07/04 when the portfolio reaches US$ 2 billion, but no later than two years after the first funding decision.