Facilitating Access to Climate Funding

Context

Accessing climate finance often involves overcoming significant obstacles. In many cases, national and regional institutions with direct access to international climate funds (direct access entities (DAEs)) have to become proficient in complex accreditation and project management processes and build up specific corresponding capacities in their respective countries.

This is why both the Adaptation Fund (AF) and the Green Climate Fund (GCF) offer capacity-building programmes that comprise institutional, project-specific and technical assistance in improving the institutions’ organisational skills and guiding them through such processes.

In 2019, a number of these organisations also founded the Community of Practice for Direct Access Entities (CPDAE) to serve as a platform where DAEs and national implementing entities (NIEs) can share their experiences with and recommendations on dealing with common challenges.

Objective

Members of the CPDAE are in a position to develop and carry out climate projects in a more direct and independent manner, thereby improving their ability to access and make effective use of climate finance.

Approach

In cooperation with GCF and AF, the project is working with various consultancy firms to aid CPDAE members in building their capacities in specific areas.

It is thus supporting the CPDAE in establishing an efficient operative framework for governance and strategy.

The project is also advising DAEs and NIEs on how they can optimise their methods for submitting project applications, implementing projects, updating their project pipelines and applying for re-accreditation.

Last update: June 2023