Draft additional rules of procedure of the Board were initially presented to the GCF Board at its first meeting to supplement the procedural rules contained in the Governing Instrument. At the same meeting, the Board noted the need for further work and consultations on matters relating to the additional rules of procedure of the Board and requested the Interim Secretariat to prepare a working document for discussion at its next meeting.

At its second meeting, the Board discussed document GCF/B.02‐12/02, specifically: (a) Election and duties of the Co‐Chairs (Annex III); (b) Board meetings (Annex IV) including the need to fund the participation of advisers from eligible developing countries; and (c) Observer participation in Board meetings (Annex V, with Appendix) as well as the process of selecting four active observers and criteria for accreditation of observers. The Board approved paragraph 3 of Annex III to document GCF/B.02‐12/02 on the role of alternate members to Board members who are elected as Co‐Chairs. This provision has been repeated in the draft presented below in Annex V.

At the same Board meeting, the Board requested a team of six Board members/alternate members to undertake deliberations on the draft additional rules of procedure contained in document GCF/B.02‐12/02 with the aim of reaching consensus amongst the team and reporting back to the Board at its next meeting. The Board also requested the team to organize a meeting of the team to continue their work one day prior to the third meeting of the Board and deferred the item to the third Board meeting.

The revised draft additional rules of procedure presented in document GCF/B.01‐13/02 the annexes to this document reflect the outcome of intersessional work as captured by the Chair of the team, Mr. Khan. This draft was subject to further consultations by the team one day prior to the third Board meeting, and as a result, the team has presented a revised draft to the Board for consideration.