Enhancing Capacity Bahamas Direct Access Climate Finance

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The Bahamas is seeking Green Climate Fund (GCF) readiness support to overcome the lack of Direct Access Entities, which currently acts as a barrier to climate finance. The proposal focuses on capacity building for three national financial institutions, developing a GCF-compliant Monitoring and Evaluation Framework, and creating a pipeline of private sector projects for renewable energy and energy efficiency. Key beneficiaries include the Bahamas Protected Areas Fund, the Bahamas Development Bank, and Access Accelerator, with the ultimate goal of helping the country achieve its Nationally Determined Contributions (NDC) targets.

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  • The Bahamas faces a significant barrier to accessing climate finance due to a lack of Direct Access Entities within the country.
  • The proposal aims to strengthen the capacity of three national financial institutions to serve as direct access entities and support micro, small and medium-sized enterprises in accessing funds for renewable energy and energy efficiency upgrades.
  • The readiness support identifies the Bahamas Protected Areas Fund (BPAF), the Bahamas Development Bank (BDB), and Access Accelerator as direct beneficiaries.

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APA
Green Climate Fund (n.d.). Enhancing Capacity Bahamas Direct Access Climate Finance. https://www.greenclimate.fund/document/enhancing-capacity-bahamas-direct-access-climate-finance
Chicago
Green Climate Fund. Enhancing Capacity Bahamas Direct Access Climate Finance. n.d. https://www.greenclimate.fund/document/enhancing-capacity-bahamas-direct-access-climate-finance.
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{{cite report |author=Green Climate Fund |title=Enhancing Capacity Bahamas Direct Access Climate Finance |url=https://www.greenclimate.fund/document/enhancing-capacity-bahamas-direct-access-climate-finance |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{greenclimatefundndenhancing, author = {{Green Climate Fund}}, title = {{Enhancing Capacity Bahamas Direct Access Climate Finance}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/document/enhancing-capacity-bahamas-direct-access-climate-finance}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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