B.05/10: Establishment of the independent Secretariat: Initial structure and organization

The Board, having reviewed document GCF/B.05/10 Initial Structure and Staffing of the Secretariat:

1. Decides on the initial structure of the independent Secretariat, as set out in Annex XII to this document;
2. Takes note of the organizational diagram, showing the initial organization of the Secretariat in 2014, as presented in Annex XIII to this document;
3. Authorizes the Executive Director to recruit initial staff as presented in Annex XIV to this document;
4. Endorses the process and timeframe for implementing the proposed initial structure of the Secretariat, as set out in Annex XV to this document.