Document Summary
Date:
12/15/2010
Descriptor:
Decision B.12/7
Having considered the comments and recommendations of the Projects and Programme Review Committee, the Adaptation Fund Board decided:
(a) To request the secretariat to prepare a desk study on how other funding sources had considered the issue of execution costs and present that study to the Ethics and Finance Committee for its consideration; and
(b) To request to the implementing entities that the project document included an explanation and a breakdown of all administrative costs associated with the project, including the execution costs.
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