Governance

OVERVIEW

The transition fund is governed by an independent Board of Directors that represents the BFL Participants (RGOB, donors, WWF) and includes Trustees with experience and skills relevant to BFL. The transition fund Board is non-governmental in majority to ensure independent oversight of the BFL program.

BOARD MEMBERS

Dasho Karma Tshering

Chairperson, Board of Trustees

Mr. Michael Philipp

Vice Chairperson, Board of Trustees

Mr. Nik Sekhran

Member, Board of Trustees

Dr. Wit Soontaranun

Member, Board of Trustees

Mr. Karma Thinley

Member, Board of Trustees

Ms. Deki Wangmo

Member, Board of Trustees

Mr. Tshering Dorji

Member, Board of Trustees

Mr. Chimi Rinzin

Member, Board of Trustees

Ms. Rebecca Pradhan

Member, Board of Trustees

Dr. Pema Wangda

Member Secretary, Board of Trustees
FINANCE & INVESTMENT COMMITTEE

PROJECT STEERING COMMITTEE

A BFL Project Steering Committee provides guidance regarding BFL’s strategic direction at the policy level and review annual work plans and budget. The BFL PSC constitutes representatives from Ministry of Finance, Ministry of Energy and Natural Resources (and other relevant agencies/stakeholders) also provides high level guidance and oversight to the Program as well as support to achieve coordination among various BFL Program implementing agencies. The Program Coordinator for the PCU is the member secretary to the PSC.

A Strategic and Technical Committee (STC) provides guidance and advice in those areas to the PCU.  The STC is chaired by MoAF and consists of RGoB experts from the GNHCS, the National Environmental Commission, Ministry of Finance and technical experts drawn from academia and civil society such as the BTFEC and WWF.