Capacity building and accreditation support of Direct Access Entity to private banks for on-lending and/or blending fiduciary functions

The proposal seeks USD 553,230 over 24 months to address Cambodia's lack of national accredited entities with on-lending and blending fiduciary functions. It focuses on supporting the accreditation of three private banks—Foreign Trade Bank Plc. (FTB), ACLEDA Bank Plc., and Advanced Bank of Asia Ltd (ABA)—and the NCSD. The project includes institutional gap assessments, capacity-building workshops, a national readiness needs assessment, and a learning exchange with other Asian countries to develop a strategic accreditation framework.

• Cambodia faces significant financial gaps to meet its 2030 Nationally Determined Contribution (NDC) targets, with mitigation actions estimated to cost over US$ 5.8 billion and adaptation actions requiring over US$ 2 billion.
• A primary barrier to accessing climate finance in Cambodia is the absence of a national accredited entity capable of providing on-lending and/or blending fiduciary functions to manage and distribute funds to private sector projects.
• The proposal targets the accreditation of three specific private banks—Foreign Trade Bank Plc. (FTB), ACLEDA Bank Plc. (ACLEDA), and Advanced Bank of Asia Ltd (ABA)—alongside support for the National Council for Sustainable Development (NCSD).
• Preliminary assessments indicate varying levels of gender policy alignment among the nominated banks: FTB's policies are mostly aligned with GCF standards but need project-level indicators, while ACLEDA and ABA have limited documented commitments to gender equity.
• The project aims to conduct a comprehensive readiness needs assessment to identify gaps in institutional mechanisms, technical skills, and policy frameworks to inform a national action plan for climate finance.
• To accelerate the accreditation process, the proposal includes a learning exchange visit to an Asian host country, such as Mongolia or Indonesia, for approximately 15 participants from the NDA and nominated entities.
• The project will provide capacity building for the Association of Bank of Cambodia (ABC) and other private sector stakeholders to help them develop bankable project ideas and access funding through accredited Direct Access Entities.

APA

Green Climate Fund (2024). Capacity building and accreditation support of Direct Access Entity to private banks for on-lending and/or blending fiduciary functions. https://www.greenclimate.fund/sites/default/files/document/20240219-khm010-ap-publication.pdf

Chicago

Green Climate Fund. Capacity building and accreditation support of Direct Access Entity to private banks for on-lending and/or blending fiduciary functions. 2024. https://www.greenclimate.fund/sites/default/files/document/20240219-khm010-ap-publication.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Capacity building and accreditation support of Direct Access Entity to private banks for on-lending and/or blending fiduciary functions |date=19 February 2024 |url=https://www.greenclimate.fund/sites/default/files/document/20240219-khm010-ap-publication.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2024capacity, author = {{Green Climate Fund}}, title = {{Capacity building and accreditation support of Direct Access Entity to private banks for on-lending and/or blending fiduciary functions}}, institution = {Green Climate Fund}, year = {2024}, month = feb, url = {https://www.greenclimate.fund/sites/default/files/document/20240219-khm010-ap-publication.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }