Board Decisions

GF/B15/DP49

Approved by the Board on: 27 April 2007

Procedure for Funding Decision Beyond Initial Financial Commitment of Approved Rolling Continuation Channel Proposals

The Board requests the Portfolio Committee to present for approval, no later than the Seventeenth Board Meeting, a procedure for the Board to make funding decisions beyond the initial financial commitment of approved Rolling Continuation Channel proposals. The Board further requests that, in developing such procedure, the Portfolio Committee take into consideration the principles, policies and procedures applicable to Phase-2 funding decisions of rounds-based proposals.