Annex I: List of proposed conditions and recommendations

The document outlines mandatory conditions for all GCF funding proposals, including the signing of a funded activity agreement (FAA) and legal due diligence. It also specifies individual conditions for projects in Vanuatu (FP184) and Pakistan (SAP024), and recommends that disbursements occur only after the GCF secures protection against litigation and expropriation in the host countries.

• All funding proposals approved under decision B.32/01 are subject to general conditions, including the signing of a funded activity agreement (FAA) within 180 days of Board approval (or other specified dates) and the completion of legal due diligence to the satisfaction of the GCF Secretariat.
• For funding proposal FP184 (SCA Vanuatu), a condition for the second disbursement of GCF Proceeds is the submission of a costed Operations and Maintenance (O&M) Plan satisfactory to the GCF Secretariat.
• For funding proposal SAP024 (JS Bank Pakistan), the execution of the FAA is conditional upon the delivery of an 'Enhanced Risk Mitigation Plan' to address specific risk factors and ensure borrowers are compensated for losses caused by vendor incompetence or poor equipment performance.
• The document recommends that GCF disbursements for all approved proposals be made only after the Fund has obtained appropriate privileges and immunities or satisfactory protection against expropriation and litigation in the country of implementation.

APA

Green Climate Fund (n.d.). Annex I: List of proposed conditions and recommendations. https://www.greenclimate.fund/sites/default/files/decision/b32/decision-b32-01-b32-a01.pdf

Chicago

Green Climate Fund. Annex I: List of proposed conditions and recommendations. n.d. https://www.greenclimate.fund/sites/default/files/decision/b32/decision-b32-01-b32-a01.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Annex I: List of proposed conditions and recommendations |url=https://www.greenclimate.fund/sites/default/files/decision/b32/decision-b32-01-b32-a01.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefundndannex, author = {{Green Climate Fund}}, title = {{Annex I: List of proposed conditions and recommendations}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/decision/b32/decision-b32-01-b32-a01.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }