GCF/BM-2014/01: Administrative Policies of the Fund | Green Climate Fund
Summary
The Green Climate Fund Board decided in June 2013 that its administrative policies—covering human resources, procurement, travel, and finance—would be based on the Asian Development Bank (ADB) to ensure cost-effectiveness and institutional efficiency. Consequently, basic salaries for internationally recruited staff for 2014 are identical to ADB's international staff salary structure. For locally recruited staff in the Republic of Korea, where ADB lacks a specific scale, the Fund proposes using the World Bank's salary scale as a proxy.
Key insights
- The Green Climate Fund's administrative policies regarding human resources, procurement, travel, and finance are modeled after the Asian Development Bank (ADB) to avoid duplicating efforts of other international organizations and to minimize costs.
- Basic salaries for internationally recruited staff at the Fund for 2014 are identical to the international staff salary structure of the ADB.
- Because the ADB does not have a salary scale for staff recruited locally in the Republic of Korea, the Fund proposes using the World Bank's salary scale as a proxy.
Cite the original document
- APA
- Green Climate Fund (n.d.). GCF/BM-2014/01: Administrative Policies of the Fund | Green Climate Fund. https://www.greenclimate.fund/board-document/gcf-bm-2014-01
- Chicago
- Green Climate Fund. GCF/BM-2014/01: Administrative Policies of the Fund | Green Climate Fund. n.d. https://www.greenclimate.fund/board-document/gcf-bm-2014-01.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=GCF/BM-2014/01: Administrative Policies of the Fund | Green Climate Fund |url=https://www.greenclimate.fund/board-document/gcf-bm-2014-01 |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefundndgcfbm201401, author = {{Green Climate Fund}}, title = {{GCF/BM-2014/01: Administrative Policies of the Fund | Green Climate Fund}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/board-document/gcf-bm-2014-01}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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