STRATEGIC CLIMATE FUND Trust Fund Committee

The Strategic Climate Fund (SCF) Trust Fund Committee is the decision-making body responsible for determining and overseeing the operations and activities of the fund, which comprises targeted programs aimed at specific climate change challenges or sectoral responses: 

• Climate Smart Cities Program
• Forest Investment Program (FIP)
• Industry Decarbonization Program 
• Nature, People and Climate Investment Program (NPC)
• Pilot Program for Climate Resilience (PPCR), 
• Renewable Energy Integration Program (REI)
• Scaling up Renewable Energy Program in Low Income Countries (SREP)

Equal number of representatives from contributor and recipient countries serve as decision-making members on the Trust Fund Committee.

Official Observers from stakeholder groups advocate on behalf of their constituents and promote transparency and efficient use of resources.

The SCF Trust Fund Committee is responsible for:

• approving Strategic Climate Fund programs and eligibility criteria, 
• ensuring the fund’s strategic orientation is guided by the principles of the UN Framework Convention on Climate Change, and 
• establishing sub-committees or technical committees to govern programs within the fund. 

There are sub-committees to govern FIP, PPCR, and SREP.

In November 2019, after reviewing the options presented in the document entitled, Options to Improve the efficiency of SCF Governance, the SCF Trust Fund Committee approved a series of changes that would streamline the governance of the SCF programs (FIP, PPCR, and SREP) as outlined in Option 2 of the document. These changes include:

• Frequency of meetings – SCF Trust Fund Committee and Sub-Committees will meet at least once per year;
• The SCF Trust Fund Committee will take on some of the responsibilities previously carried out by the FIP/PPCR/SREP Sub-Committees
• Sub-Committees for FIP, PPCR, and SREP will be referred to as Technical Committees
• Technical Committees will carry out their role by email; under extraordinary circumstances – such as new contributions, a virtual meeting may be convened
   

Technical Committee donor/recipient country members, and observers, will still be requested to review and comment on MDB and country program funding requests, changes to projects and project extension requests. In addition, Technical Committee representatives will continue to be kept informed on the programs’ performance and ongoing portfolios.