From 21 to 24 October 2024, the Board of the Green Climate Fund (GCF) convened for its 40th meeting in Songdo, Republic of Korea. The meeting’s agenda focused on the consideration of a revised Accreditation Framework; the formulation of a Risk Appetite Statement for the Fund; as well financing of results-based payments for REDD+. Furthermore, the Board considered the approval of 16 funding proposals (requesting USD 1,011.0 million in GCF funding), and the accreditation of five new entities