In accordance with the Governing Instrument for the Green Climate Fund, the Executive Director of the Fund will be appointed by, and be accountable to, the Board. The Executive Director will be responsible for managing the independent Secretariat of the Fund. The Executive Director will be selected through a merit-based, open and transparent process.

At its meeting in Geneva, Switzerland, on 23-25 August 2012, under agenda item 7, the Board considered documents GCF/B.01-12/05 and GCF/B.01-12/06, and, cognizant of timing issues, “agreed to initiate without undue delay the process of selecting the Executive Director of the independent Secretariat and requested the Interim Secretariat to prepare a working document addressing the criteria for, and the process of, selection of the Executive Director as well as the terms of reference for this position”.

This document is presented to the second meeting of the Board in response to that decision. It lays out a fully transparent and competitive process for the selection of the Executive Director.