At COP 18, in its decision “Arrangements between the COP and the Fund”, the COP recognized that the provisions contained in Article 11, paragraph 3, of the Convention and decision 3/CP.17 and the Governing Instrument for the Fund annexed to that decision, form the basis for arrangements between the COP and the Fund. It requested the Standing Committee on Finance (SCF) and the Green Climate Fund Board to develop arrangements between the COP and the Fund in accordance with the Governing Instrument for the Fund and Article 11, paragraph 3, for agreement by the Board and subsequent agreement by the COP at its nineteenth session.

At its March 2013 meeting, the Board, in decision B.01-13/11: “(a) Recognized that the provisions contained in Article 11, paragraph 3, and decision 3/CP.17 of the United Nations Framework Convention on Climate Change and the Governing Instrument form the basis for arrangements between the Conference of the Parties and the Green Climate Fund, and that the Standing Committee on Finance and the Board develop the arrangements between the Conference of the Parties and the Green Climate Fund consistent with decision 7/CP.18 of the Conference of the Parties at its eighteenth session; (c) Decided that the Co-Chairs be mandated to develop, in accordance with paragraph 1 of decision 7/CP.18, the draft arrangements between the Conference of the Parties and the Green Climate Fund with the Co-Chairs of the Standing Committee on Finance.”

Annex II to this document presents the draft arrangements as transmitted by the Co-Chairs of the SCF on 17 September 2013. Annex III contains the cover letter by the Co-Chairs of the SCF.