Policy to minimize the effect of currency fluctuations on the commitment authority of GCF
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Policy to minimize the effect of currency fluctuations on the commitment authority of GCF
Adopted by decision B.34/22. Sets out the approaches by which GCF will seek to manage its foreign exchange (FX) risk exposure to minimize the effect of currency fluctuations on the commitment authority of GCF.
Cover date
20 October 2022
Document type
Policies, strategies, and guidelines
Theme
Administration
Table of contents
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Objective
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Scope
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Definitions
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Hedging principles and application
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Implementation arrangements
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Monitoring and review