Annex VIII: Accreditation assessment of Applicant 038 (APL038)

The Green Climate Fund (GCF) Accreditation Panel (AP) recommends the accreditation of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (APL038) for international access under a fast-track process. GIZ is recommended for a 'medium' project size limit (up to USD 250 million), medium environmental and social risk (Category B/I-2), and specific fiduciary functions including project management and grant award mechanisms. The recommendation is conditional upon GIZ submitting an operational manual detailing its fiduciary due diligence process, specifically regarding 'know your customer' and anti-money laundering (AML) standards. The assessment highlights GIZ's global presence in over 130 countries and its track record of managing approximately 1,300 projects as of December 2014, with 40% being climate-related.

• The applicant, GIZ, has a significant global footprint, operating in more than 130 countries, which includes 36 sub-Saharan African countries, 30 small island developing States, and 41 least developed countries.
• As of December 2014, GIZ's portfolio consisted of roughly 1,300 projects across all developing country regions, with climate-related projects in sectors such as energy efficiency, water, forestry, and agriculture accounting for about 40% of the total. These projects represented approximately USD 1.5 billion, exceeding half of the organization's 2014 total financial turnover.
• The Accreditation Panel recommends GIZ for accreditation with a 'medium' maximum size for individual projects or activities, defined as costs above USD 50 million and up to USD 250 million.
• GIZ is recommended for accreditation for a maximum environmental and social risk category of 'medium risk' (Category B/Intermediation 2), which covers activities with potential mild adverse impacts that are generally site-specific and reversible.
• While GIZ generally meets basic fiduciary standards via fast-track accreditation, it must fulfill a condition prior to the first GCF disbursement: submitting an operational guideline or manual describing its fiduciary due diligence process, specifically regarding 'know your customer' and anti-money laundering (AML) standards.
• GIZ demonstrated a strong commitment to gender mainstreaming, having implemented over 230 projects related to gender and climate change between 2012 and 2014, and maintains an organizational goal of 50% women at the management level.
• The Accreditation Panel noted a potential conflict of interest arising from GIZ's transition toward a financial intermediary role while remaining a provider of technical cooperation; it suggests that in such cases, services should be procured using GCF fiduciary standards.

APA

Green Climate Fund (n.d.). Annex VIII: Accreditation assessment of Applicant 038 (APL038). https://www.greenclimate.fund/sites/default/files/decision/b14/decision-b14-10-b14-a8.pdf

Chicago

Green Climate Fund. Annex VIII: Accreditation assessment of Applicant 038 (APL038). n.d. https://www.greenclimate.fund/sites/default/files/decision/b14/decision-b14-10-b14-a8.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Annex VIII: Accreditation assessment of Applicant 038 (APL038) |url=https://www.greenclimate.fund/sites/default/files/decision/b14/decision-b14-10-b14-a8.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefundndannex, author = {{Green Climate Fund}}, title = {{Annex VIII: Accreditation assessment of Applicant 038 (APL038)}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/decision/b14/decision-b14-10-b14-a8.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }