The Audit and Finance Committee (AFC) decides on the amount of funding available for PO based on the Asset and Liability Management (ALM)4 profile of the portfolio. [...] The strategic priorities set by GAC at the start of the PO wave and the key overarching principles and prioritization criteria set out in the Prioritization Framework8. [...] As part of the Internal Review and Validation meeting, the GAC: • Reviews the prioritized interventions and the consolidated list of high impact proposals, as identified and proposed by the Secretariat. [...] Depending on the wave context and the level of complexity, the Internal Review and Validation meeting can occur at the same time of the Award meeting. [...] The GAC decision on total PO awards associated with a wave is communicated to the Board, together with the first Additional Funding Revision to incorporate the PO award associated with the wave.
- Pages
- 11
- Published in
- Switzerland
Table of Contents
- Approved on 1
- Approved by 1
- Process Owner 1
- Sub-process Owner 1
- Process Metrics for Portfolio Optimization 1
- Process Objectives 2
- Prepare Prioritize Award Integrate 2
- Operational Policy 3
- PREPARE 3
- PRIORITIZE 4
- Prioritization criteria 4
- Two-stage prioritization process 4
- Pre-conditions to receive additional funds such as 4
- Additional contextual considerations 4
- AWARD 6
- Immediate award 6
- In-principle endorsement award later 6
- Partial immediate award 6
- In-country optimization 6
- INTEGRATE 7
- Specific Multicountry Considerations 8
- Associated Decisions and Operational Policies 8
- Annex 1. Sub-process Owners 9
- Annex 2. Requirement Levels by Portfolio Category 11
- Change History 11
