Accredited entity institutional-level reporting

The report details the 2023 compliance monitoring of GCF accredited entities (AEs). Of 48 AEs required to submit annual self-assessments, 89.6% reported changes that either had no impact or positive impacts on their accreditation status. Midterm reviews (MTRs) for 14 AEs were conducted, with 11 completed, generally confirming continued compliance with fiduciary, environmental and social safeguards (ESS), and gender standards. Additionally, 27 international access AEs (IAEs) reported providing over 444 cases of support to direct access entities, primarily focusing on building track records (48.9%) and meeting accreditation standards (48.6%).

• Of the 48 accredited entities (AEs) that completed annual self-assessments for 2023, 89.6% reported changes that either had no impact on their accreditation status or had positive impacts, strengthening their ability to meet GCF standards.
• Positive institutional changes reported by 43 AEs included organizational structure improvements for 9 AEs, staff increases for 8 AEs, and one AE expanding its areas of business.
• Regarding fiduciary and ESS standards in annual self-assessments, 9 AEs improved internal controls and risk management, 5 AEs updated environmental and social (E&S) management frameworks, and 3 AEs updated gender policies.
• Midterm accreditation reviews (MTRs) were required for 14 AEs; 11 completed the process, and most reported changes that either did not impact or positively impacted their accreditation status.
• International access AEs (IAEs) provided significant capacity-building support to direct access entities (DAEs), with 27 IAEs reporting over 444 cases of support.
• The primary areas of IAE support were building a track record in applying accreditation standards (48.9% of cases) and meeting GCF accreditation standards (48.6% of cases).
• Specific MTR outcomes for individual entities showed continued compliance, such as the Bhutan Trust Fund for Environmental Conservation updating its Royal Charter to include climate change and the Trade and Development Bank Joint Stock Company of Mongolia establishing a Green Funding Office.

APA

Green Climate Fund (2024). Accredited entity institutional-level reporting. https://www.greenclimate.fund/sites/default/files/document/11-gcf-b40-03-add02-accredited-entity-institutional-level-reporting-addendum-ii.pdf

Chicago

Green Climate Fund. Accredited entity institutional-level reporting. 2024. https://www.greenclimate.fund/sites/default/files/document/11-gcf-b40-03-add02-accredited-entity-institutional-level-reporting-addendum-ii.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Accredited entity institutional-level reporting |date=1 October 2024 |url=https://www.greenclimate.fund/sites/default/files/document/11-gcf-b40-03-add02-accredited-entity-institutional-level-reporting-addendum-ii.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2024accredited, author = {{Green Climate Fund}}, title = {{Accredited entity institutional-level reporting}}, institution = {Green Climate Fund}, year = {2024}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/11-gcf-b40-03-add02-accredited-entity-institutional-level-reporting-addendum-ii.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }