The document presents elements of the business model of the Green Climate Fund as derived from the Governing Instrument. Consistent with the objectives and guiding principles set out in the Governing Instrument, it proposes priorities of the Board in developing its work plan as well as the main outputs in terms of policies and procedures to be elaborated by the Board in implementing its work plan. The document also contains a tentative schedule of Board meetings and matters envisaged to be considered at these meetings.