Based on the recommendations of the Strategy, Investment and Impact Committee (the “SIIC”), the Board approves the composition of Country Bands for the 2014 – 2016 allocation period, as defined and set forth in Annex 1 to GF/B31/09 – Revision 1.
In accordance with its decision to approve the transition framework recommended by the Finance and Operational Performance Committee and the SIIC (GF/B31/DP09), the Board acknowledges USD 15.8 billion is available for allocation to Country Bands for the 2014 – 2016 allocation period, consisting of the following:
USD 14.8 billion for indicative funding; and
USD 950 million for incentive funding.
The Board approves the following allocation of indicative funding for the 2014 – 2016 allocation period:
Country Band 1: USD 11,250 million;
Country Band 2: USD 915 million;
Country Band 3: USD 1,530 million; and
Country Band 4: USD 1,105 million.
The Board also decides incentive funding, in the amount of USD 950 million, will be apportioned across and within Country Bands 1, 2 and 3 in accordance with the methodology approved by the SIIC under authority delegated by the Board (GF/SIIC09/DP2).
Related Decision Points:
Transition from the Third to the Fourth Replenishment Period