Examples of CTF Trust Fund Committee in a sentence
The CTF Trust Fund Committee oversees the operations of the Fund.
Pledges represent a Contributor’s expression of intent to make a contribution and form the basis for the endorsement of CTF Investment Plans by the CTF Trust Fund Committee.
The value of the amounts pledged to the CTF forms the basis for endorsement of Investment Plans by the CTF Trust Fund Committee.
Following the introduction in this Section I, Section II presents the status of contributions to the CTF; Section III discusses the endorsed CTF Investment Plans; Section IV reports on the total funding decisions made by the CTF Trust Fund Committee; Section V shows funding availability of the CTF Trust Fund; and Section VI reports on the update of activities undertaken by the Trustee to manage the CTF Trust Fund.
Proposals for a Private Sector Program may be submitted to the CTF Trust Fund Committee for consideration at any time throughout the year.
The MDB may approve exceptions on the basis of a satisfactory explanation, which will be reported to the CTF Trust Fund Committee.
In October 2013, the CTF Trust Fund Committee suggested providing information on the estimated marginal abatement cost (MAC) for projects for which the marginal abatement cost is likely to exceed US$100 per ton of CO2eq.
Investment selection criteria and priorities for the CTF will be recommended by the Administrative Unit, in consultation with the MDB Committee, and approved by the CTF Trust Fund Committee, so as to assess the potential for GHG reductions, demonstration potential, development impact and implementation potential.
In approving financing for programs and projects, the CTF Trust Fund Committee will seek to achieve an allocation of resources so that no one country receives more than approximately fifteen (15) percent of the CTF resources.
The CTF Trust Fund Committee includes eight representatives from contributor countries and eight from eligible recipient countries.