The Strategic Climate Fund (SCF) Trust Fund Committee is the decision-making body responsible for determining and overseeing the operations and activities of the fund, which comprises targeted programs aimed at specific climate change challenges or sectoral responses:
Equal number of representatives from contributor and recipient countries serve as decision-making members on the Trust Fund Committee.
Official Observers from stakeholder groups advocate on behalf of their constituents and promote transparency and efficient use of resources.
The SCF Trust Fund Committee is responsible for:
There are sub-committees to govern FIP, PPCR, and SREP.
In November 2019, after reviewing the options presented in the document entitled, Options to Improve the efficiency of SCF Governance, the SCF Trust Fund Committee approved a series of changes that would streamline the governance of the SCF programs (FIP, PPCR, and SREP) as outlined in Option 2 of the document. These changes include:
Technical Committee donor/recipient country members, and observers, will still be requested to review and comment on MDB and country program funding requests, changes to projects and project extension requests. In addition, Technical Committee representatives will continue to be kept informed on the programs’ performance and ongoing portfolios.