B.41/10: Proposal for establishing GCF regional presence

The Board, having considered document GCF/B.41/14 titled “Proposal for establishing GCF regional presence”:

  1. Decides to establish a GCF regional presence, without prejudice to the geographic locations and their respective configuration(s) across all regions;
  2. Also decides that a GCF regional presence shall:
    1. Be equitably and geographically balanced among developing countries, taking into account the needs of those developing countries that are particularly vulnerable to the adverse effects of climate change;
    2. Be cost-effective, cost-efficient, and within the approved multiannual budgeting process;
    3. Increase the efficiency and effectiveness of Secretariat operations, including with respect to programming and delivery support and Secretariat staffing; and
    4. Be operationally feasible, taking into account relevant risks and mitigants;

    that the process to establish a GCF regional presence shall be conducted in an open, inclusive, consultative, transparent and non-discriminatory manner;

  3. Recognizes that the regional groups are comprised of Asia-Pacific, Africa, Eastern Europe, and Latin America and the Caribbean, and acknowledges that further consideration may be required with regard to the arrangements within the regional groups, including in the context of multilingualism;
  4. Requests the Secretariat, following consultation with the Budget Committee and Risk Management Committee on matters relevant to their mandates, to present for the Board’s consideration no later than its forty-third meeting a proposal for operationalizing paragraphs (a), (b) and (c) above, including proposed configuration(s), a selection process and an implementation plan, for a GCF regional presence, taking into account the views expressed by Board members at its forty-first meeting; and
  5. Takes note that further Board deliberation may be required prior to its forty-second meeting in order to inform the proposal referred to in paragraph (d) above, and welcomes the offer from Germany to host a workshop.