GF/B15/DP27
Approved by the Board on: 27 April 2007
Amendments to the Comprehensive Funding Policy following Establishment of the Rolling Continuation Channel
- The Board approves the amendments to the Comprehensive Funding Policy, as amended at the Thirteenth Board Meeting, as presented in Annex 5 to the Report of the Finance and Audit Committee (GF/B15/8).
- The Board revokes the following decisions:
- The decisions made at the Seventh Board Meeting regarding prioritization of funding in resource-constrained environments (GF/B8/2 p. 13-14);
- The decision made at the Seventh Board Meeting regarding the criteria for considering promissory notes as assets (GF/B8/2, p. 16, decision point 6); and
- The decision points 1 and 2 entitled "Phase 2 Funding" made at the Eighth Board Meeting regarding prioritization of Phase 2 funding (GF/B9/2 p. 9-10).