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<p>In order to ensure value for money for the UK’s contribution, we are actively engaging
in developing and monitoring the performance of the policies that govern the Fund.
Through our seat on the Green Climate Fund (GCF) Board and the GCF Investment Committee,
the UK is working with other Board members to agree:</p><p> </p><p>· A strong investment
policy against which all funding proposals will be assessed;</p><p> </p><p>· A robust
results management framework to ensure project results are accurately measured and
evaluated; and</p><p> </p><p>· Stringent criteria (including fiduciary standards and
environmental and social safeguards) that will apply to all entities accredited to
deliver GCF projects.</p><p>Through regular monitoring and evaluation, the UK, along
with other Board members, will ensure that the GCF delivers real world outcomes and
good value for money in a broad range of countries.</p>
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