¶¹ÄÌÊÓƵAPP facilitates the establishment and operation of FIFs by offering to perform a set of roles and responsibilities tailored to the circumstances of each FIF. ¶¹ÄÌÊÓƵAPP is a valued partner as a trustee for FIFs, building on well-established financial, investment management and accounting platforms developed by the World ¶¹ÄÌÊÓƵAPP over the past two decades, and on experienced specialized legal and treasury services. In addition, the World ¶¹ÄÌÊÓƵAPP often hosts FIF secretariats and serves as one of the implementing entities.
¶¹ÄÌÊÓƵAPP serves as limited trustee and/or financial or treasury manager for all 27 FIFs that were active as of the end of FY2020. Of these, the World ¶¹ÄÌÊÓƵAPP provides the legal personality for 19 FIFs, hosts the secretariats for 18 FIFs, and serves as an implementing entity for 20 FIFs. ¶¹ÄÌÊÓƵAPP takes on an implementing entity role for most FIFs whose secretariat is hosted by the World ¶¹ÄÌÊÓƵAPP. ¶¹ÄÌÊÓƵAPP also acts as an implementing entity for three FIFs with external secretariats: Climate Risk and Early Warning Systems (CREWS), the Green Climate Fund (GCF) and Guyana REDD+ Investment Fund (GRIF).
Interview with Mei Leng Chang, Manager, Financial Management, ¶¹ÄÌÊÓƵAPP Group
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