Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI)

The Small Industries Development Bank of India (SIDBI) is seeking USD 199,973 from the Green Climate Fund (GCF) to enhance its capacity to comply with the new Integrated Results Management Framework (IRMF). The proposal identifies gaps in SIDBI's ability to design 'paradigm-shift' projects and manage the complex monitoring and reporting requirements of the IRMF. The requested funding will support a 12-month program involving capacity needs assessments, the development of training materials, and the delivery of 10 training sessions for approximately 150 participants, including SIDBI staff, executing entities, and civil society organizations. The goal is to improve the quality of funding proposals and the effectiveness of monitoring and evaluation for a pipeline of climate-focused projects targeting India's MSME sector.

• SIDBI is requesting a total of USD 199,973 over a 12-month implementation period to build capacity for the implementation of the IRMF.
• The proposal identifies a critical need to support India's micro, small and medium enterprises (MSME) sector, which consists of 63.38 million units and contributes 30% of the country's GDP, to adopt clean technologies and reduce emissions.
• SIDBI has a pipeline of four intended projects that will benefit from the IRMF capacity building: 'Financing Mitigation and Adaptation Projects in MSMEs in India' ($220 Mn), 'NEEV – II' ($69.36 Mn), 'The Innovation Imperative' ($12 Mn), and the 'Bharat Climate Fund' ($50 Mn).
• The document identifies two primary barriers: the requirement for substantive changes in defining outputs and outcomes to match GCF Core Indicators 1-8, and insufficient internal expertise to design 'paradigm-shift' proposals and robust climate change rationales.
• The proposed intervention includes conducting capacity needs assessments and delivering 10 training sessions (5 for monitoring/reporting and 5 for paradigm shift/enabling environment) for approximately 150 participants.
• The project will be implemented by SIDBI as the Delivery Partner, utilizing a Project Management Unit (PMU), a professional services firm, and two local consultants.

APA

Green Climate Fund (2022). Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI). https://www.greenclimate.fund/sites/default/files/document/20221122-dae002-ap-cover.pdf

Chicago

Green Climate Fund. Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI). 2022. https://www.greenclimate.fund/sites/default/files/document/20221122-dae002-ap-cover.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI) |date=22 November 2022 |url=https://www.greenclimate.fund/sites/default/files/document/20221122-dae002-ap-cover.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2022readiness, author = {{Green Climate Fund}}, title = {{Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI)}}, institution = {Green Climate Fund}, year = {2022}, month = nov, url = {https://www.greenclimate.fund/sites/default/files/document/20221122-dae002-ap-cover.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }