Strengthening the capacity of Direct Access Entities (DAEs), NDA and GCF project programming stakeholders in Sri Lanka to access climate finance through enhanced strategic frameworks for stakeholder engagement and a strengthened project pipeline

The document outlines a 24-month, USD 813,548 project implemented by the Global Water Partnership Organisation (GWPO) to address gaps in Sri Lanka's climate finance readiness. Key objectives include establishing a Direct Access Accreditation Support Helpdesk to assist national banks in becoming GCF-accredited, creating a Climate-Smart Green Growth Strategy for lower watersheds and coastal regions, and developing three new GCF project concept notes. The project emphasizes Integrated Water Resources Management (IWRM) as a primary entry point for building resilience against floods, droughts, and sea-level rise, while operationalizing a national climate risk data portal to improve stakeholder coordination.

• Sri Lanka is highly vulnerable to climate change, ranking second in the 2017 Global Climate Risk Index and sixth in 2018, with water acting as the primary driver of risk through floods, droughts, landslides, and sea-level rise.
• The country lacks an accredited GCF Direct Access Entity (DAE); while eight potential DAEs have been identified, five have been nominated, and most are banks struggling to meet policy requirements regarding Gender Policy and Environmental and Social Safeguards Standards.
• There is a critical gap in strategic frameworks for regions outside the Central Highlands, necessitating a Climate-Smart Green Growth Strategy for Lower Watersheds and Coastal Regions to avoid piecemeal sectoral actions.
• The GCF project pipeline is in early stages, with only four concept notes currently being developed under a previous 2019 Readiness project; the 2021 proposal aims to add three new validated concept notes focusing on lower watersheds and coastal regions.
• Stakeholders have limited awareness and technical capacity to use the NDA's existing data and information portal, which hinders the efficiency of project development and pipeline advancement.
• Integrated Water Resources Management (IWRM) is identified as the most suitable framework for building cross-sectoral resilience in Sri Lanka, as water is a common thread across all NDC priority sectors including health, food security, and energy.

APA

Green Climate Fund (2021). Strengthening the capacity of Direct Access Entities (DAEs), NDA and GCF project programming stakeholders in Sri Lanka to access climate finance through enhanced strategic frameworks for stakeholder engagement and a strengthened project pipeline. https://www.greenclimate.fund/sites/default/files/document/sri-lanka-gwpo-lka003.pdf

Chicago

Green Climate Fund. Strengthening the capacity of Direct Access Entities (DAEs), NDA and GCF project programming stakeholders in Sri Lanka to access climate finance through enhanced strategic frameworks for stakeholder engagement and a strengthened project pipeline. 2021. https://www.greenclimate.fund/sites/default/files/document/sri-lanka-gwpo-lka003.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Strengthening the capacity of Direct Access Entities (DAEs), NDA and GCF project programming stakeholders in Sri Lanka to access climate finance through enhanced strategic frameworks for stakeholder engagement and a strengthened project pipeline |date=22 November 2021 |url=https://www.greenclimate.fund/sites/default/files/document/sri-lanka-gwpo-lka003.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2021strengthening, author = {{Green Climate Fund}}, title = {{Strengthening the capacity of Direct Access Entities (DAEs), NDA and GCF project programming stakeholders in Sri Lanka to access climate finance through enhanced strategic frameworks for stakeholder engagement and a strengthened project pipeline}}, institution = {Green Climate Fund}, year = {2021}, month = nov, url = {https://www.greenclimate.fund/sites/default/files/document/sri-lanka-gwpo-lka003.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }