At its seventh meeting, the Board approved the “Initial proposal approval process”, including a broad framework for “programme” and project funding (Decision B.07/03). The four-stage project and programme activity cycle is captured in Annex VIII of GCF/B.07/11. The GCF Secretariat has undertaken a review of its initial approvals process to assist the Board in discussions regarding the potential further simplification of the Fund’s current approvals processes. Board discussions are on going on the matter of simplification.