1. The Board notes that up to USD 800 million is available for catalytic investments, subject
to the amount of sources of funds for allocation, in accordance with the allocation
methodology approved in April 2016 under decision point GF/B35/DP10 and set forth in
Annex 1 to GF/B35/05 - Revision 1.
2. Based on the recommendation of the Strategy Committee (the "SC") and the amount of
sources of funds for allocation recommended by the Audit and Finance Committee (the
"AFC") in GF/B36/03, the Board decides USD 800 million will be available for catalytic
investments over the 2017 - 2019 allocation period for the priorities and associated costs
presented in Table 1 of GF/B36/04 - Revision 2, of which no portion will be moved to
further balance scale up, impact and paced reductions through country allocations.
3. The Board notes the Secretariat will have flexibility to operationalize catalytic investments,
update the SC and Board on such operationalization, and present any reallocations of the
associated costs among the approved priorities for the SC's approval.
4. The Board asks the Secretariat to provide the SC with a scope of effort and expected
outcomes at the start of all strategic initiatives and to seek SC approval during
implementation if there is a substantial change to the relevant strategic initiative's scope.