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The document defines a seven-stage cycle for GCF funding: (I) Country and accredited entity programmes, (II) Generation of funding proposals, (III) Voluntary concept notes, (IV) Full funding proposal submission, (V) Secretariat and technical assessment, (VI) Board decision, and (VII) Legal arrangements. It specifies the roles of National Designated Authorities (NDAs), Accredited Entities (AEs), the Secretariat, the Technical Advisory Panel (TAP), and the Board in ensuring alignment with national priorities and GCF policies.

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  • The project cycle begins with the submission of country programmes by National Designated Authorities (NDAs) or focal points (FPs), which may include national or voluntary adaptation plans and elements of nationally determined contributions.
  • The Project Preparation Facility (PPF) provides support for project and programme preparation, particularly for direct access entities and projects in the micro to small size category; proposals developed with PPF resources must generally be submitted to the Board within two years of approval.
  • Funding proposals undergo a dual review process: the Secretariat conducts second-level due diligence and assesses compliance with GCF policies (including Gender and environmental and social safeguards), while the independent Technical Advisory Panel (TAP) assesses performance against activity-specific criteria.
  • The Board only considers funding proposals for approval that have been recommended by both the Secretariat and the independent Technical Advisory Panel.
  • Following a Board decision, the Secretariat manages the implementation of approval conditions and works with Accredited Entities to finalize legal arrangements, while the Interim Trustee provides a letter of commitment based on funding availability.

Cite the original document

APA
Green Climate Fund (n.d.). Updated project and programme cycle. https://www.greenclimate.fund/sites/default/files/document/updated-project-programme-cycle.pdf
Chicago
Green Climate Fund. Updated project and programme cycle. n.d. https://www.greenclimate.fund/sites/default/files/document/updated-project-programme-cycle.pdf.
Wikipedia
{{cite report |author=Green Climate Fund |title=Updated project and programme cycle |url=https://www.greenclimate.fund/sites/default/files/document/updated-project-programme-cycle.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{greenclimatefundndupdated, author = {{Green Climate Fund}}, title = {{Updated project and programme cycle}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/document/updated-project-programme-cycle.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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