Supporting Direct Access at the Green Climate Fund
After speaking to over a hundred stakeholders, the WRI Finance Center is publishing Improving Access to the Green Climate Fund: How the Fund Can Better Support Developing Country Institutions. This paper explains what the direct access process was intended to do, as well as how it is currently going wrong.
Two-thirds of direct access entities haven't accessed project finance yet, and only 1% of funding up for approval at the upcoming GCF Board Meeting would go to direct access entities.
In this webinar, we'll not only diagnose some of the processes which are holding back climate finance, but also provide concrete suggestions for how this innovative mechanism can deliver on its considerable promise.
- Molly Caldwell, Research Analyst, WRI Finance Center
- Gaia Larsen, Senior Associate, WRI Finance Center