B.37/22: Project Preparation Facility: revised operating modalities, activities and funding
The Board, having considered document GCF/B.37/05 and its addendum Add.01 titled “Project Preparation Facility: revised operating modalities, activities and funding”:
- Endorses the revised operating modalities and activities of the Project Preparation Facility as set out in annex XI;
- Approves an allocation of USD 90.3 million for the Project Preparation Facility; and
- Also approves that up to 2.5 per cent of the Project Preparation Facility resource allocation can be employed for partnership-building and knowledge-sharing activities for project preparation.