Strengthening the capacities of national and regional development banks, which are members of the International Development Finance Club (IDFC), to access GCF resources

The document outlines a readiness project implemented by the Agence Française de Développement (AFD) to support 13 accredited and applicant Direct Access Entities (DAEs) within the International Development Finance Club (IDFC). The project aims to remove barriers to GCF accreditation and funding by providing technical assistance for fiduciary, environmental, social, and gender policies, and by developing climate finance tools for risk and impact assessment. Key deliverables include an IDFC-GCF Toolkit, a joint DAE-IDFC Work Program, and the development of multi-country concept notes focusing on climate-resilient recovery post-COVID-19, specifically targeting MSMEs and vulnerable populations in sectors like renewable energy and sustainable land use.

• Direct Access Entities (DAEs) are underrepresented in the GCF portfolio; while they constitute 60% of Accredited Entities, they account for only 20% of approved projects and 10% of the total finance volume.
• IDFC members face significant barriers to GCF accreditation, including the complexity of the process, difficulties meeting Environmental and Social Safeguards (ESS) and gender policy requirements, and a lack of tools for climate impact measurement.
• Accredited DAE-IDFC members struggle to develop project pipelines due to a lack of upfront resources, missing institutional tools for GHG accounting and climate risk analysis, and complex contract negotiations.
• The project will develop an IDFC-GCF Toolkit containing at least three specific methodologies: Physical Climate Risk Analysis (CRA), Identification of Climate Adaptation Potential (CAP), and Climate Impact Assessment (CIA) for GHG accounting.
• The proposal aims to create a joint DAE-IDFC Work Program to prioritize short-term (two years) and long-term (five years) pipelines, with a specific focus on COVID-19 recovery in sectors such as food security, water, health, and renewable energy.
• The project will support the development of at least two multi-country concept notes designed to promote climate-resilient recovery without increasing the debt burden of participating countries.
• The IDFC as a group is committed to mobilizing more than USD 1 trillion of climate finance by 2025, having invested USD 125 billion in 2018.

APA

Green Climate Fund (2020). Strengthening the capacities of national and regional development banks, which are members of the International Development Finance Club (IDFC), to access GCF resources. https://www.greenclimate.fund/sites/default/files/document/20201030-mul001-panama-brazil-morocco-peru-south-africa-afd.pdf

Chicago

Green Climate Fund. Strengthening the capacities of national and regional development banks, which are members of the International Development Finance Club (IDFC), to access GCF resources. 2020. https://www.greenclimate.fund/sites/default/files/document/20201030-mul001-panama-brazil-morocco-peru-south-africa-afd.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Strengthening the capacities of national and regional development banks, which are members of the International Development Finance Club (IDFC), to access GCF resources |date=30 October 2020 |url=https://www.greenclimate.fund/sites/default/files/document/20201030-mul001-panama-brazil-morocco-peru-south-africa-afd.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2020strengthening, author = {{Green Climate Fund}}, title = {{Strengthening the capacities of national and regional development banks, which are members of the International Development Finance Club (IDFC), to access GCF resources}}, institution = {Green Climate Fund}, year = {2020}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/20201030-mul001-panama-brazil-morocco-peru-south-africa-afd.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }