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ACCREDITED ENTITIES

The Green Climate Fund works through a wide range of Accredited Entities to channel its resources to projects and programmes. Such entities have different characteristics. They can be private or public, non-governmental, sub-national, national, regional or international, as long as they meet the standards of the Fund. Accredited Entities carry out a range of activities that usually include the development of funding proposals and the management and monitoring of projects and programmes. Countries may access GCF resources through multiple entities simultaneously.

 Entity Type: Direct (national)

There are no National Implementing Entities (NIEs) at the moment. However, Government is in the process of having Zambian institutions accredited to the GCF.

Direct (regional)

Development Bank of Southern Africa (DBSA) International

Acumen Fund, Inc. (Acumen)
Africa Finance Corporation (AFC)
African Development Bank (AfDB)
Agence Française de Developpement (AFD)
Agency for Agricultural Development of Morocco (ADA)
Asian Development Bank (ADB)
Banque Ouest Africaine de Développement (BOAD)
Caribbean Community Climate Change Centre (CCCCC)
Caribbean Development Bank (CDB)
CDG Capital S.A. (CDG Capital)
Central American Bank for Economic Integration (CABEI)
Centre de Suivi Ecologique (CSE)
China Clean Development Mechanism Fund Management Center (China CDM Fund Management Center)
Conservation International Foundation (CI)
Corporación Andina de Fomento (CAF)
Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Department of Environment of Antigua and Barbuda (DOE)
Deutsche Bank AktienGesellschaft (Deutsche Bank AG)
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (GIZ)
Development Bank of Southern Africa (DBSA)
Environmental Investment Fund (EIF)
European Bank for Reconstruction and Development (EBRD)
European Investment Bank (EIB)
Fiji Development Bank (FDB)
Food and Agriculture Organization of the United Nations (FAO)
Foreign Economic Cooperation Office (FECO)
Fundación Avina (Fundación Avina)
HSBC Holdings plc and its subsidiaries (HSBC)
Infrastructure Development Company Limited (IDCOL)
Inter-American Development Bank (IDB)
International Bank for Reconstruction and Development and International Development Association (World Bank)
International Finance Corporation (IFC)
International Fund for Agricultural Development (IFAD)
International Union for Conservation of Nature (IUCN)
Japan International Cooperation Agency (JICA)
Korea Development Bank (KDB)
Kreditanstalt für Wiederaufbau (KfW)
Micronesia Conservation Trust (MCT)
Ministry of Environment (formerly, Ministry of Natural Resources of Rwanda)(MoE (formerly, MINIRENA))
Ministry of Finance and Economic Cooperation of the Federal Democratic Republic of Ethiopia (MOFEC)
MUFG Bank, Ltd (formerly, Bank of Tokyo-Mitsubishi UFJ, Ltd.) (MUFG Bank (formerly, BTMU))
National Bank for Agriculture and Rural Development (NABARD)
National Environment Management Authority of Kenya (NEMA)
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)
Palli Karma-Sahayak Foundation (PKSF)
Peruvian Trust Fund for National Parks and Protected Areas (Profonanpe)
PT Sarana Multi Infrastruktur (PT SMI)
Sahara and Sahel Observatory (OSS)
Secretariat of the Pacific Regional Environment Programme (SPREP)
Small Industries Development Bank of India (SIDBI)
Société de Promotion et de Participation pour la Coopération (PROPARCO)
South African National Biodiversity Institute (SANBI)
Unidad Para el Cambio Rural (Unit for Rural Change) of Argentina (UCAR)
United Nations Development Programme (UNDP)
United Nations Environment Programme (UNEP)
World Food Programme (WFP)
World Meteorological Organization (WMO)
World Wildlife Fund, Inc. (WWF)
XacBank LLC (XacBank)

STEP BY STEP: HOW TO BECOME AN ACCREDITED ENTITY

Self-assessment check

Before starting the application process, organizations can assess whether they meet the basic requirements to become Accredited Entities. They can do this by considering a series of questions through GCF’s online assessment tool.

This online questionnaire helps organizations assess:

whether they are considered to have full legal capacity to undertake activities funded by the Green Climate Fund,
what their institutional arrangements are – including their systems, policies, procedures and guidelines,
their track record – considering whether their systems, policies, procedures and guidelines have been implemented systematically.
The Self-Assessment Tool helps organizations save time and expenses by deciding at an early stage whether they meet GCF accreditation requirements. The Self-Assessment Tool is a guide only, and does not guarantee later GCF accreditation. Organizations considering applying for accreditation do not need to pay the accreditation application fee at this stage.

Once an organization is confident it has the credentials to become an Accredited Entity, it can start the three-stage application process. Entities applying for accreditation should have been operating for at least three years.

 

Preparing an application
All Direct Access Entities need to be nominated by a developing country NDA / focal point. International Access Entities can seek GCF accreditation directly without nomination by a developing country National Designated Authority / focal point.
NDA / focal points nominate Direct Access Entity applicants by filling out this template and sending it to GCF at this email address:
All accreditation applicants need to apply to join GCF’s Online Accreditation System (OAS). They do so by filling out this document
Once the complete form is accepted by the Secretariat, applicants will receive a log-in to access GCF’s online application system:
They will be asked to fill out this online application form within the OAS. This is the main part of applying for accreditation. The application form contains detailed guidance on how to fill it out.
Organizations that have already been accredited by the Global Environmental Facility (GEF), Adaptation Fund and the Directorate-General Development and Cooperation – EuropeAid of the European Commission (DG DEVCO) may be eligible to apply for fast track accreditation if three pre-requisites are fulfilled.
More information on the three pre-requisites and entities that may be eligible to apply under the fast-track approach is available here
Organizations submit their application in the OAS after they have completed the online accreditation application form.
Application fees are paid at this point. This amount varies according to the fiduciary functions and the size of financing for project or programmes the accreditation applicant is proposing to receive GCF funding. Some of the fees will be waived for sub-national, national and regional organizations based in Small Island Developing States (SIDS) and Least Developed Countries (LDCs) for certain financing amounts.


Stage I: Checking an application
Once application fees are received, the GCF Secretariat reviews the application to ensure the mandate of the accreditation applicant aligns with GCF’s mandate and objectives in targeting climate finance, and in a manner that can contribute to developing country programming priorities with the GCF. The Green Climate Fund has identified eight strategic impact areas for delivering major mitigation and adaptation benefits. More details here.
The GCF Secretariat also checks whether the accreditation applicant has provided sufficient information about the applicant’s systems, policies, procedures and guidelines related to safeguarding projects against financial, environmental, social and gender risks and impacts. The GCF Secretariat will also check whether information on the applicant’s track record of applying the systems, policies, procedures and guidelines have been provided.
The GCF Secretariat may ask applicants questions about their accreditation application with the aim to have a complete application. This often involves considerable back and forth correspondence between the applicant and the GCF Secretariat.
In 2017, applications during Stage I will be checked by the GCF Secretariat in accordance with the GCF Board’s decision to prioritize applications from:


National Direct Access Entities;
Entities in the Asia-Pacific and Eastern European regions;
Private sector entities, in particular those in developing countries, seeking a balance of diversity of entities in line with decisions B.09/07, paragraph (g) and decision B.10/06, paragraph (h);
Entities responding to requests for proposals issued by the GCF, for example including a pilot phase for enhancing direct access; a pilot programme to support micro-, small-, and medium-sized enterprises; and a pilot programme to mobilize resources at scale in order to address adaptation and mitigation;
Entities seeking fulfilment of conditions for accreditation; and
Entities requesting upgrades.


Stage II: Reviewing and recommending to GCF Board
Once the GCF Secretariat is satisfied that application completeness requirements are met, it passes on submitted documents to the Accreditation Panel. This group of six accreditation experts provides an independent appraisal of the application, focusing on whether the accreditation applicant meets the GCF standards it is applying for.
In 2017, applications during Stage II will be checked by the Accreditation Panel in accordance with the GCF Board’s decision to prioritize particular applications (as indicated in Stage 1)
At this point, the Accreditation Panel may ask applicants to provide clarifications, while liaising with the GCF Secretariat.
The GCF Secretariat and the Accreditation Panel then send their recommendations to the GCF Board. This recommendation will include the GCF Secretariat’s assessment from the Stage I check, and the recommendation by the Accreditation Panel regarding accreditation and the accreditation criteria. The Accreditation Panel may also, in cases where it finds gaps in the accreditation applicant meeting the GCF standards it is applying for, recommend conditions of accreditation. For example, conditions may be prior to first disbursement for the amendment or development of a policy or procedure, or an on-going condition applied to all GCF-funded projects regarding information to be provided or additional monitoring requirements.
If the application is complete and does not require follow up questions, the duration of the review process by both the GCF Secretariat and the Accreditation Panel could be a minimum of six months, or three months for fast-track applications.(More details about the duration of the review process in FAQ below.)
The GCF Board, which generally meets three times a year, makes the final decision about whether to accredit the entity.
The GCF Secretariat informs the applicant entity about the result of the GCF Board decision.


Stage III: Legal Arrangements
The approved Accredited Entity will then sign an Accreditation Master Agreement (AMA) with GCF. AMA templates are available here.
AMAs are legal agreements that set out the terms and conditions for an entity’s use of GCF resources. They formalise the Accredited Entity’s accountability in carrying out GCF-approved projects appropriately. For individual GCF-funded activities approved by the Board, the Accredited Entity enters into a Funded Activity Agreement (FAA) for each approved project, which contains project-specific terms.
Accredited Entities are required to carry out a yearly self-assessment of their operations to assess whether they continue to meet the accreditation standards they have applied for.
Accredited Entities are also required to submit yearly progress reports about their management of GCF-approved climate finance projects or programmes.
Accredited Entities will need to re-apply to retain their status every five years. GCF is currently working on procedures to guide the re-accreditation process.

About NDA

About National Designated Authority (NDA) for the Green Climate Fund The National Designated Authority for the Green Climate Fund was established in August, 2015, in conformity with Governing Instruction and falls under the Development Planning Department in the Ministry of National Development Planning.

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