Board Decisions - Thirty-First Board Meeting

GF/B31/DP10

Approved by the Board on: 07 March 2014

Composition of and Allocation to Country Bands

1. 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.
2. 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:
   1.  USD 14.8 billion for indicative funding; and
   2.  USD 950 million for incentive funding.
3. The Board approves the following allocation of indicative funding for the 2014 – 2016 allocation period:
   1.  Country Band 1: USD 11,250 million;
   2.  Country Band 2: USD 915 million;
   3.  Country Band 3: USD 1,530 million; and
   4.  Country Band 4: USD 1,105 million.
4. 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).