Agreement on the terms and conditions for the administration of the Green Climate Fund Trust Fund
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Agreement on the terms and conditions for the administration of the Green Climate Fund Trust Fund
This agreement, dated 15 October 2013, entered into between GCF and the International Bank for Reconstruction and Development (IBRD), also referred to as the World Bank, serving as the interim trustee of GCF.
Pursuant to the GCF Governing Instrument, this agreement establishes the terms and conditions for the administration of the Trust Fund by the Trustee to replace the terms and conditions of the Standard Provisions.
Cover date
29 April 2016
Document type
Agreement
Table of contents
- Agreement
- Preamble
- Establishment of the Trust Fund
- Administration of the contributions
- Contributions and contribution agreements
- Commingling, exchange and investment of the contributions
- Use, commitment and transfer of Trust Fund resources
- Accounting and financial reporting
- Authorisation and enforceability
- Amendment, effectiveness and termination
- Notices
- Dispute resolution
- Disclosure
- Execution in counterpart