uneca-fwa-0a0be8be0bfd9f76.pdf
Summary
The document is a formal agreement between the Green Climate Fund (GCF) and the United Nations Economic Commission for Africa (UNECA) to facilitate the delivery of Readiness and Preparatory Support. It outlines the processes for grant approval, disbursement, and financial management, while establishing strict requirements for procurement, monitoring, and the prevention of prohibited practices. The agreement specifies that UNECA will manage these grants on behalf of National Designated Authorities (NDAs) in developing countries, ensuring compliance with GCF's environmental, social, and gender policies.
Key insights
- The agreement allows National Designated Authorities (NDAs) to nominate UNECA as a delivery partner to implement Readiness and Preparatory Support, which includes technical assistance and readiness programmes.
- Grant disbursements are subject to specific conditions, including the submission of a Portfolio Report and a Preliminary Financial Report for the preceding calendar year, and evidence that at least 70% of previous disbursements for a specific proposal have been committed or spent on Eligible Expenditures.
- UNECA is permitted to reallocate grant funds between budget categories without prior GCF approval provided the reallocation does not exceed 20% of the original category allocation.
- The agreement mandates that all procurement of goods and services be conducted according to UNECA's rules and policies, provided they are consistent with the framework's general principles.
- UNECA must ensure that all implementation activities comply with the GCF's Environmental and Social Policy, the Indigenous Peoples Policy, and the Updated Gender Policy.
- The agreement includes strict prohibitions against 'Prohibited Practices' and requires UNECA to report any credible risks of money laundering or financing of terrorism to the GCF.
- Financial reporting requires the submission of a preliminary financial report within three months of the GCF financial year end and a certified annual financial report within six months of UNECA's financial year end, both in USD.
- The GCF retains the right to cancel undisbursed grant amounts if UNECA fails to perform obligations, if representations prove incorrect, or if prohibited practices are engaged in by the delivery partner or beneficiaries.
- Disputes that cannot be settled through negotiation within 60 days are to be resolved via arbitration in The Hague, Netherlands, under UNCITRAL Arbitration Rules.
Cite the original document
- APA
- Green Climate Fund (2025). uneca-fwa-0a0be8be0bfd9f76.pdf. https://www.greenclimate.fund/sites/default/files/document/uneca-fwa.pdf
- Chicago
- Green Climate Fund. uneca-fwa-0a0be8be0bfd9f76.pdf. 2025. https://www.greenclimate.fund/sites/default/files/document/uneca-fwa.pdf.
- Wikipedia
- {{cite press release |author=Green Climate Fund |title=uneca-fwa-0a0be8be0bfd9f76.pdf |date=14 March 2025 |url=https://www.greenclimate.fund/sites/default/files/document/uneca-fwa.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{greenclimatefund2025unecafwa0a0be8be0bfd9f76pdf, author = {{Green Climate Fund}}, title = {{uneca-fwa-0a0be8be0bfd9f76.pdf}}, publisher = {Green Climate Fund}, year = {2025}, month = mar, url = {https://www.greenclimate.fund/sites/default/files/document/uneca-fwa.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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