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Work programme of the Secretariat for 2022 and administrative budget
The GCF Secretariat's 2022 work programme focuses on six priorities: enhancing country-driven investments and direct access, building a USP-aligned portfolio, managing portfolio implementation, supporting Board governance, optimizing operational efficiency, and consolidating institutional capacity for the GCF-2 replenishment. The proposed administrative budget for the Board, Secretariat, and Trustee is USD 87,813,586, representing a 5.1% increase over 2021. Key targets include advancing a pipeline of USD 1.77-2.4 billion to review and increasing the share of the portfolio under implementation to over 80%.
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Document type: Report
Work programme of the Secretariat for 2020 and administrative budget
The GCF Secretariat's 2020 work programme aims to transition the fund into the 'main global fund for climate change finance' by strengthening country-driven planning, enhancing the capacity of Direct Access Entities (DAEs), and filling policy gaps. Key initiatives include the operationalization of a new Readiness Programme framework, the implementation of a Project Specific Assessment Approach (PSAA) for accreditation, and the development of a new private sector strategy to increase capital mobilization. The Secretariat proposes an administrative budget of USD 76,745,652 for 2020, representing a 5.8% increase over 2019, primarily to support increased staffing (averaging 240 staff) and the management of a growing project portfolio. The document also details specific programming goals for 2020, including targets for funding proposals and disbursements across public and private sectors, and outlines the roles and budgets of various internal divisions.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
Work programme of the Secretariat for 2024 and administrative budget
The GCF Secretariat's 2024 work programme focuses on three priorities: enhancing country ownership and access, delivering impact and results, and focusing on people and performance. The plan includes scaling up direct access entities (DAEs), improving the speed of funding proposals, and implementing a new multi-year budgeting approach. The proposed total administrative budget for 2024, including the Board, Secretariat, Trustee, and independent units, is USD 125.682 million.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report