Status of Resources and Execution of the Administrative Budget of the Green Climate Fund at 30 April 2015
Summary
The Green Climate Fund reported total administrative expenditures of US$ 4.5 million against a US$ 19.3 million budget for the first four months of 2015. As of 31 March 2015, signed contributions totaled US$ 171.2 million, with US$ 63.1 million in total resources available net of funding decisions. Secretariat spending reached US$ 3.6 million, while Board expenditures totaled US$ 655,209. Readiness programme expenditures reached US$ 0.26 million by 30 April 2015, with the Fund engaging approximately 60 countries. Additionally, a US$ 1.4 million special contribution from the Republic of Korea for headquarters equipment was fully exhausted by April 2015.
Key insights
- As of 31 March 2015, the Green Climate Fund had signed contributions totaling US$ 171.2 million, of which US$ 128 million were received. Total resources available, after accounting for funding decisions, were US$ 63.1 million.
- For the period between 1 January and 30 April 2015, total expenditures for the Board, Secretariat, and Interim Trustee were US$ 4.5 million, compared to an approved annual budget of US$ 19.3 million. The Secretariat accounted for US$ 3.6 million, the Board for US$ 0.7 million, and the Interim Trustee for US$ 0.24 million.
- Secretariat expenditures of US$ 3.6 million represent 21 per cent of the annual budget. Staff and consultant costs totaled US$ 2.5 million; the report notes that delays in recruiting permanent staff led to an underspend that is being offset by the continued use of consultants.
- The Readiness and preparatory program had total expenditures of US$ 0.26 million as of 30 April 2015, against a total approved allocation of US$ 15.6 million. The program is currently in discussions with approximately 60 countries, including more than 30 from Africa, least developed countries, and small island developing States.
- A special contribution of US$ 1.4 million from the Government of the Republic of Korea for office furniture and equipment was fully spent by April 2015, with the final US$ 681,299 used for ICT equipment (US$ 579,520) and office furniture and supplies (US$ 101,779).
Cite the original document
- APA
- Green Climate Fund (2015). Status of Resources and Execution of the Administrative Budget of the Green Climate Fund at 30 April 2015. https://www.greenclimate.fund/sites/default/files/document/gcf-bm-2015-inf08.pdf
- Chicago
- Green Climate Fund. Status of Resources and Execution of the Administrative Budget of the Green Climate Fund at 30 April 2015. 2015. https://www.greenclimate.fund/sites/default/files/document/gcf-bm-2015-inf08.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Status of Resources and Execution of the Administrative Budget of the Green Climate Fund at 30 April 2015 |date=2 June 2015 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-bm-2015-inf08.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2015status, author = {{Green Climate Fund}}, title = {{Status of Resources and Execution of the Administrative Budget of the Green Climate Fund at 30 April 2015}}, institution = {Green Climate Fund}, year = {2015}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-bm-2015-inf08.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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