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September 11, 2018 - The following disclaimer was added to the Spanish translation of the Cost Recovery from other sources GMS policy: “This document was translated from English into Spanish. In the event of any discrepancy between this translation and the original English document, the original English document shall prevail. / Descargo de responsabilidad: esta es una traducción de un documento original en Inglés. En caso de discrepancias entre esta traducción y el documento original en inglés, prevalecerá el documento original en inglés.”
June 12, 2018 - The latest Cost Recovery policy update reflects the recent change in the Green Climate Fund (GCF) Fee for Accredited Entities (AE). The revised GCF policy on AE fees continues to institute a fee cap up to a certain fixed percentage based on the total size of the project/program (i.e. the total of GCF funding and co-finance).
2017 - Adjustments to the POPP content on GMS income to reflect the changes arising from the 2017 enhanced planning exercise, including:
a. A discontinuation of internal distribution of GMS income for all funds except those from Vertical Funds;
b. A revised GMS rate calculator for UNDP, GEF, GFATM and MP projects
c. Recording of DPC in relation to GMS exceptions.