This document provides information on the execution of the GCF 2024 administrative budget from 1 January to 30 April 2024 and other additional budgets approved by the Board. The administrative expenditure relates to costs for Board activities, the independent units, the Secretariat and the Trustee. The figures in this document are unaudited. As at 30 April 2024, total expenditure for the annual administrative budget was USD 32.9 million against the annual budget of USD 125.4 million (26 per cent of the approved budget); USD 0. 8 million against the additional budget of USD 0.03 million (4 per cent of the approved budget). The unutilized budget of USD 92.5 million for the annual administrative budget comprises USD 4.9 million for the Board, USD 10.3 million for the independent units, USD 74.3 million for the Secretariat and USD 3.0 million for the Trustee.