09. Fiduciary standards
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Draft governing instrument for the Green Climate Fund
- 01. Objectives and guiding principles
- 02.1 Relationship to the Conference of the Parties
- 02.2 Legal Status
- 02.3 Rules of procedure of the Board
- 02.4 Role and functions of the Board
- 02.5 Secretariat
- 02.6 Trustee
- 03. Administrative costs
- 04. Financial Inputs
- 05.0 Operational modalities
- 05.1 Complementarity and coherence
- 05.2 Eligibility
- 05.3 Funding windows and fund structure
- 05.4 Access modalities and accreditation
- 05.5 Allocation
- 05.6 Programming and approval processes
- 06. Financial instruments
- 07. Monitoring
- 08. Evaluation
- 09. Fiduciary standards
- 10. Environmental and social safeguards
- 11. Accountability mechanisms
- 12. Expert and technical advice
- 13. Stakeholder input and participation
- 14. Termination of the Fund
63. The Board will agree on, adopt, and ensure the application of best practice fiduciary principles and standards to the Fund's entities, the trustee's function related to the Fund, and to all operations, projects and programmes financed by the Fund, including the implementing entities.
64. The Fund will support the strengthening of capacities in recipient countries, where needed, to be able to meet the Fund's fiduciary principles and standards, based on modalities that will be established by the Board.
page revision: 1, last edited: 27 Oct 2011 20:29
