B.08/15: Initial resource mobilization: Legal arrangements for contributions

The Board, having considered document GCF/B.08/18 Legal Arrangements for Contributions:

1. Decides to approve the Amended and Restated Agreement on the Terms and Conditions for the Administration of the Green Climate Fund Trust Fund (“The Amended and Restated Interim Green Climate Fund Trust Fund Agreement”), attached hereto as Annex XXIV;
2. Authorizes the Executive Director of the Fund to finalize with the Interim Trustee the terms and conditions of the annexes and attachments to the Amended and Restated Interim Green Climate Fund Trust Fund Agreement, as well as the templates for contribution agreements/arrangements reflecting the Policies for Contributions endorsed by the Board under agenda item 14 (b);
3. Authorizes the Executive Director of the Fund to execute on behalf of the Fund:
   
   1. The Amended and Restated Interim Green Climate Fund Trust Fund Agreement; and
   2. Any contribution agreements/arrangements to be entered into with the Interim Trustee and a Contributor;
4. Authorizes the Executive Director to act as the Authorized Designee under the Interim Green Climate Fund Trust Fund Agreement, as amended, with the right of delegation.