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The GCF Accreditation Panel recommends the World Health Organization (WHO) for accreditation under the 'medium' size category and 'medium risk (category B)' environmental and social risk category. The assessment finds that WHO meets basic fiduciary standards, project management standards, and gender policy requirements. While WHO's Environmental and Social Safeguards Framework (ESSF) is considered adequate, the panel noted a gap regarding the lack of an external evaluation of the ESSF, which is set as a condition for accreditation to be resolved within two years of the first funded activity. WHO's track record includes managing large-scale grants, such as a USD 192.92 million project for the Global Polio Eradication Initiative and various climate-resilient health projects in the Pacific and Asia.

The GCF Accreditation Panel recommends the re-accreditation of the Inter-American Development Bank (IDB) for a second term with no conditions. The assessment confirms that IDB continues to meet GCF's basic and specialized fiduciary standards, environmental and social safeguards, and gender policies. IDB's portfolio includes eight approved GCF projects totaling USD 761.7 million, with a strong track record in mitigation and adaptation, particularly in the Latin American and Caribbean region. The report highlights IDB's commitment to Paris Agreement alignment and its capacity to support direct access entities through capacity-building initiatives.

The Green Climate Fund (GCF) Accreditation Panel assessed PROPARCO, a subsidiary of Agence Française de Développement (AFD), for international access to climate finance. The assessment found that PROPARCO meets most fiduciary and gender policy standards and is capable of managing high-risk environmental and social projects, provided it implements a formal external complaint mechanism. While PROPARCO demonstrated a strong track record in loans and equity, it only partially demonstrated its capacity for guarantee operations, leading to a conditional recommendation for accreditation.

The Accreditation Panel (AP) assessed PT Sarana Multi Infrastruktur (PT SMI), a state-owned Indonesian entity, for GCF accreditation. While PT SMI has a track record in financing renewable energy and climate-resilient infrastructure, the AP found it only 'partially meets' several GCF fiduciary and environmental and social standards due to a recent transition in its business model. Consequently, the AP recommends accrediting PT SMI for 'small' project sizes and 'medium' environmental and social risk (Category B/I-2), rather than the 'large' size and 'high' risk (Category A/I-1) categories requested. Accreditation is conditional upon the applicant fulfilling several requirements, including formalizing its procurement framework, enhancing grant management, and demonstrating full application of its 2016 environmental, social, and gender guidelines.

The Green Climate Fund (GCF) has recommended the re-accreditation of Namibia's Environmental Investment Fund (EIF) for a second term, maintaining its status as a national direct access entity for 'micro' projects (up to USD 10 million). While the EIF demonstrates strong alignment with GCF's climate mandates and robust environmental and social safeguards, the assessment identified significant gaps in financial reporting, project monitoring, and internal audit track records. The recommendation for re-accreditation is subject to several conditions, including updating the Gender Equality Charter and improving the monitoring of grant awards to executing entities.