Report of the forty-fourth meeting of the Board, 25 – 28 March 2026

The GCF Board approved 18 funding proposals totaling USD 960.3 million and accredited 10 new entities. A major outcome was the selection of host cities for regional presence: Panama City (Latin America and Caribbean), Amman (Eastern Europe, Central Asia and Middle East), Nairobi and Abidjan (Africa), and Suva (Pacific). The Board also restructured its committees, approved a training programme, and established a roadmap for the 2028–2031 Strategic Plan.

• The Board approved 18 funding proposals with a requested GCF amount of USD 960.3 million and a total value of USD 2,540.5 million including co-financing.
• The GCF established a regional presence configuration consisting of regional offices in Panama City, Amman, Nairobi, and Abidjan, and a sub-regional office in Suva, Fiji.
• The Board mandated that the operationalization of regional presence must achieve budget neutrality within five years of the first host country agreement.
• Ten new entities were accredited, including the Municipal Development and Lending Fund, the first national direct access entity for the State of Palestine.
• The Board restructured its committee system, creating the Risk and Finance Committee and the Operations and Portfolio Committee, effective 1 April 2026.
• An independent evaluation of the Simplified Approval Process (SAP) found it had not achieved its goals of simplification and acceleration, becoming largely indistinguishable from the standard process.
• The GCF's total pledges across all replenishment periods reached USD 29.9 billion, with USD 23.1 billion received in contributions and USD 25.6 billion received in total including investment income and reflows.
• The Board adopted a roadmap for the updated Strategic Plan for the GCF 2028–2031 (USP-3), aiming for adoption no later than the second Board meeting in 2027.
• The GCF's portfolio as of 31 December 2025 comprised 336 approved projects with total committed funding of USD 19.3 billion.
• The Board approved a continuous training programme for Board members to strengthen governance capacity and decision-making effectiveness.

APA

Green Climate Fund (2026). Report of the forty-fourth meeting of the Board, 25 – 28 March 2026. https://www.greenclimate.fund/sites/default/files/documents/2026-06/report-forty-fourth-meeting-board-25-28-march-2026-gcfb4422.pdf

Chicago

Green Climate Fund. Report of the forty-fourth meeting of the Board, 25 – 28 March 2026. 2026. https://www.greenclimate.fund/sites/default/files/documents/2026-06/report-forty-fourth-meeting-board-25-28-march-2026-gcfb4422.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Report of the forty-fourth meeting of the Board, 25 – 28 March 2026 |date=23 June 2026 |url=https://www.greenclimate.fund/sites/default/files/documents/2026-06/report-forty-fourth-meeting-board-25-28-march-2026-gcfb4422.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2026report, author = {{Green Climate Fund}}, title = {{Report of the forty-fourth meeting of the Board, 25 – 28 March 2026}}, institution = {Green Climate Fund}, year = {2026}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/documents/2026-06/report-forty-fourth-meeting-board-25-28-march-2026-gcfb4422.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }