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Takeaways from B.28 & Looking Ahead in 2021
1. Takeaways from B.28
& Looking Ahead in 2021
Erika Lennon, Senior Attorney, Climate & Energy Program
GCF CSO Active Observer, Developed Countries
2. What’s in a Board Meeting?
● Funding Proposals
● Accreditation
● Policies
● Information Reports
3. B.28 - What were the dynamics?
● New Co-Chairs and Board Members
● Virtual Setting
● Oversight of the Secretariat: Increased Concern
4. B.28 - What Happened?
● 15 Funding Proposals
○ $1.2 billion
○ 73% mitigation; 27% adaptation
○ Primarily international access entities
○ Loans, grants, equity, guarantees
● Review of the structure and operations of the
independent Technical Advisory Panel
● Addressing gaps in the current portfolio for measurement
● Dates and venues for next meeting
5. B.28 - What Didn’t Happen?
● Accreditation
○ 6 potential entities, including SMBC
● Selection process for new IEU head
● Policies
○ Integrated Results Management Framework
○ Update of the Simplified Approval Approach
○ Revised policy on Sexual Exploitation, Abuse, and
Harassment
○ Evaluation Policy
● Updates and Standard Reports from the Secretariat,
Board committees, and Independent Units
● Discussion of IEU evaluations
6. What’s Happened Since?
● Decisions between Meetings - A Concerning Trend
○ Revised Policy on SEAH
○ Administrative Remedies and Exclusion Policy
○ Evaluation Policy for the GCF
○ Decisions on Observer Organizations & ITAP Member
● Additional decisions were proposed, but have received
objections
7. What to look ahead to in 2021?
● Two more Board Meetings
● Sectoral Guidance Development
● Policies
○ Review of the REDD+ Results Based Payments
○ Updated Simplified Approval Process (SAP)
○ Programmatic Approaches
○ Adaptation Approach
○ Updated Accreditation Framework
○ Investment Framework Policies
○ SEAH incorporation in Environmental & Social Policy
○ Environmental and Social Safeguards
○ Review of Observer Participation
○ Information Disclosure Policy Update
○ Guidelines on Decision-Making without a Board Meeting
○ Private Sector Strategy & Review of Private Sector Facility
○ Review & Update of Country Ownership Guidelines
8. What’s on the horizon beyond 2021?
● Reaccreditation of Entities
● Second Performance Review
● GCF Second Replenishment