Board Decisions

GF/B15/DP48


Approved by the Board on:
27 April 2007


Amendment to the Phase 2 Decision-Making Policies and Procedures

The Board decides to amend the Phase 2 Decision-Making Policies and Procedures approved at the Fourteenth Board Meeting (Annex 3b Version 2 to the Report of the Portfolio Committee (GF/B14/8)) by:

  1. adding the words "or the TRP" after the word "Secretariat" in the first sentence of paragraph 2;
  2. deleting the words "("Revised Go")" in paragraph 2 and adding the words "Revised Request" after the word "CCM" in the fifth line of the paragraph;
  3. amending paragraphs 4, 9 and 10 as follows:
    "4. A Board decision in favor of a Secretariat or TRP recommendation either:
    • commits additional resources in the amount proposed in the recommendation (in the case of recommendations of "Go,"and"Conditional Go,); or
    • does not commit any additional resources (in the case of recommendations of "No Go"), thereby discontinuing the proposal after Phase 1.

    9. If the Board does not decide in favor of a Secretariat or TRP recommendation of "Go" or, "Conditional Go", the Secretariat or TRP shall reassess its recommendation. To facilitate the reassessment process, those Board constituencies that object to a Secretariat or TRP recommendation shall provide a written explanation that is made available to all Board members and the Secretariat. The Secretariat or TRP will review its recommendation in light of such explanations and will then present a second recommendation on the first day of the subsequent month (unless time-constraints make it necessary to wait to the month thereafter). The Secretariat shall then request the Board to vote on the second Secretariat or TRP recommendation, using the procedures described above. In the event that the Board rejects a second recommendation of "Go", or "Conditional Go", the matter will be referred to the next Board meeting.

    10. If the Board does not decide in favor of a "No Go" recommendation from the Secretariat, the Secretariat shall reassess its recommendation. To facilitate the reassessment process, those Board constituencies that object to such recommendation shall provide a written explanation that is made available to all Board members and the Secretariat. The Secretariat will review its recommendation in light of such explanations and will either: (i) present a revised recommendation of "Go" or "Conditional Go" and then request that the Board vote on the revised recommendation (or in the case of a Revised Go Request submit to the TRP), using the procedures described above; or (ii) if the Secretariat wishes to maintain its recommendation for a "No Go", it shall refer the matter to an Independent Review Panel, which shall assess the specific areas where the Board and the Secretariat differ on their assessment of the grant and report its conclusions to the Board."

    and
  4. adding the following paragraph as paragraph 11 (and renumber the remaining paragraphs accordingly):

    "11. If the Board does not decide in favor of a "No Go" recommendation from the TRP, the TRP shall reassess its recommendation. To facilitate the reassessment process, those Board constituencies that object to such recommendation shall provide a written explanation that is made available to all Board members and the TRP. The TRP will review its recommendation in light of such explanations and will either: (i) present a revised recommendation of "Go" or "Conditional Go" and then request that the Board vote on the revised recommendation, using the procedures described above; or (ii) if the TRP wishes to maintain its recommendation for a "No Go", the matter will be referred to the next Board meeting for final decision."

  • Related Documents: