The Board of the Green Climate Fund (GCF) discussed modalities to enhance direct access on 26 March, the concluding day of the ninth meeting of the Board in Songdo, South Korea. No decision was reached given the lack of time.

The Board of the Green Climate Fund at its ninth meeting, decided that the Fund will use differentiated terms for concessional loans to be given to the public sector in developing countries.

On 25 March, the Board of the Green Climate Fund (GCF) approved the accreditation of seven implementing entities to access the funds of the GCF.

The Green Climate Fund (GCF) Board at its ninth meeting agreed to a process on how funding proposals from developing countries might be reviewed.

The Board met in Songdo, South Korea, from 24 to 26 March.

The ninth Board meeting of the Green Climate Fund (GCF) heard an update about the status of resources contributed to the Fund, and also took several important decisions.

The meeting was held for the first time at the Fund’s headquarters in Songdo, South Korea, from 24th to 26th March.