CAFI's Executive Board (EB) is the decision-making authority responsible for policy dialogue and fund management. Decisions are taken at its meetings or between sessions.
Current members of the Executive Board are:
- Germany
- Belgium
- France
- Norway
- Sweden
- the European Union
- The Netherlands
- the Republic of Korea
- the United Kingdom (Current Chair)
- the United States (as of 2023)
- UNDP, on behalf of the UN implementing organisations, with voting rights on all matters except decisions on the allocation of funds.
- The UN Multi-Partner Trust Fund (ex-officio).
Permanent observers to the CAFI Executive Board are
- the Congo Basin Forest Partnership (CBFP)
- the Food and Agriculture Organization of the United Nations (FAO)
- the World Bank.
The CAFI Executive Board has the discretion to grant observer status to other countries or entities to participate in its meetings on a case-by-case basis.