B.28/03: Review of the structure and operations of the independent Technical Advisory Panel

The Board, having considered document GCF/B.28/15 titled “Update on the operations of the independent Technical Advisory Panel”:

  1. Adopts the updated independent Technical Advisory Panel review procedure as presented in annex II;
  2. Requests the Secretariat, in close consultation with the independent Technical Advisory Panel, to develop a transparent and consistent approach to their assessment of funding proposals;
  3. Also requests the Secretariat, in consultation with the Budget Committee, to present to the Board, no later than its thirtieth meeting, a proposal on how to align the remuneration structure of the members of the independent Technical Advisory Panel with other panels of GCF and of comparable multilateral institutions, taking into consideration the impact of the provisions on conflict of interest contained in the Updated Terms of Reference of the Independent Technical Advisory Panel (decision B.BM-2018/09), and the workload of the independent Technical Advisory Panel; and
  4. Further requests the Investment Committee, with the support of the Secretariat, to commission the next review of the structure of the independent Technical Advisory Panel and its effectiveness for the Board’s consideration in line with the updated Strategic Plan’s guidance as per decision B.27/06, paragraph (n), which will include an assessment of the following:
    1. Projected demands on the independent Technical Advisory Panel and its associated capacity to assess funding proposals in terms of time commitment and range of technical expertise;
    2. Any specific gaps in the technical expertise of the independent Technical Advisory Panel that should be filled for the adequate fulfilment of their functions;
    3. Effectiveness of the updated process, quality of the deliverables and options to improve these; and
    4. With regard to the simplified approval process, a consideration of the capacity of the independent Technical Advisory Panel to efficiently review simplified approval process proposals on a rolling basis and in a timely manner, and corresponding recommendations.