In response to decision B.13/12, this document proposes for adoption an Operational Framework on complementarity and coherence with other climate finance delivery channels (Operational Framework). The Operational Framework includes: Board-level discussions on fund-to-fund arrangements; enhanced complementarity at the activity level; promotion of coherence at the national programming level; and complementarity at the level of delivery of climate finance through an Annual Dialogue. This document also discusses how the Operational Framework may serve as an input in the relationship with the Standing Committee on Finance.

The Operational Framework contains a set of outcomes under each area which are to be regularly reported to the Board. Specific activities related to each outcome have not been listed, to provide flexibility to the Secretariat to determine how to develop appropriate coordination arrangements with other climate finance delivery channels.