Matters related to the review of the accreditation framework

The Green Climate Fund (GCF) is reviewing its accreditation framework to address imbalances in its portfolio of accredited entities (AEs) and the time-consuming nature of the current process. A consultant's review found that while standards are appropriate, the portfolio is under-representative of direct access and private sector entities. Proposed improvements include streamlining the technical review process by using external consultants and a roster of firms, with an estimated 2019 budget of USD 700,000 for Stage II reviews. Additionally, the GCF proposes a Project-Specific Assessment Approach (PSAA) as a complementary modality to allow entities to be assessed for a single project rather than undergoing full institutional accreditation. The PSAA targets direct access entities and projects in the Micro to Small categories, with a proposed 2019 budget of USD 600,000 for its implementation.

• The current portfolio of accredited entities is imbalanced, lacking sufficient representation of direct access and private sector entities, and exhibits a suboptimal geographical distribution.
• Stakeholders generally agree that GCF's accreditation standards are appropriate and aligned with international best practices, and there is little desire to change the specific requirements.
• The accreditation and funding proposal processes are widely viewed as taking too long, leading to recommendations to streamline the process by consolidating technical reviews and utilizing external service providers.
• To increase efficiency, the GCF proposes that Stage II (Step 1) reviews be conducted by external consultants or firms under the oversight of the Accreditation Panel, requiring an estimated budget of USD 700,000 for 2019.
• The proposed Project-Specific Assessment Approach (PSAA) aims to combine institutional and project assessments into a single process, specifically targeting direct access entities and projects in the Micro to Small categories.
• Under the PSAA, entities would be deemed accredited only for the specific approved funding proposal, and the GCF proposes a 2019 budget of USD 600,000 to operationalize this pilot.
• The GCF clarifies that direct access entities (DAEs) must be registered in a developing country and implement projects only in developing countries, including their own.

APA

Green Climate Fund (n.d.). Matters related to the review of the accreditation framework. https://www.greenclimate.fund/sites/default/files/decision/b22/decision-b22-16-b22-a11.pdf

Chicago

Green Climate Fund. Matters related to the review of the accreditation framework. n.d. https://www.greenclimate.fund/sites/default/files/decision/b22/decision-b22-16-b22-a11.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Matters related to the review of the accreditation framework |url=https://www.greenclimate.fund/sites/default/files/decision/b22/decision-b22-16-b22-a11.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefundndmatters, author = {{Green Climate Fund}}, title = {{Matters related to the review of the accreditation framework}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/decision/b22/decision-b22-16-b22-a11.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }