In line with decisions B.22/10 and B.22/11, this document presents a work programme and an associated budget request for the Readiness and Preparatory Support Programme (Readiness Programme) for 2022-2023, as detailed in annex II. The annual report on the Readiness Programme for 2021 with a reporting period up to 31 December 2021 is attached in annex III. The full readiness request pipeline is provided in annex IV and all approved readiness grants as at 31 May 2022 are provided in annex V.
The remaining commitment authority of the Readiness Programme is likely to be exhausted by July 2022. Thus, an allocation of additional resources by the Board is required to ensure uninterrupted support to developing countries in the first replenishment period of the GCF and to advance the ambitious work programme for 2022-2023.