GCF is accountable to and functions under the guidance of the Conference of the Parties (COP), and is also governed and supervised by the GCF Board

Policies and strategies

As part of its mandate, the GCF Board approves specific operational policies and guidelines, including for programming, project cycle, administration, and financial management. In addition, the Board reviews and approves relevant frameworks, guidelines and standards related to GCF's operations, including environmental and social safeguards, and accreditation process, among others.

Governing Instrument

The Governing Instrument for the Green Climate Fund was approved by the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) at its seventeenth session on 11 December 2011 in Durban, South Africa.