Green Climate Fund
This paper is based on interviews with representatives from national, regional and international entities accredited to the GCF, nationally designated authorities, and members of the GCF Secretariat. The authors also reviewed GCF publications including board documents, manuals, and policies along with other academic literature reviewing direct access and the GCF’s operations. All data reported in this paper is as of the GCF 27th board meeting on November 10th-November 13th, 2020. In the direct access category, there is a diversity in size, scope, and type of entities, which means that some of the issues and challenges they face differ. Nonetheless, interviews with entities revealed that there are common problems these entities encountered both internally and with the GCF when trying to get projects approved.
This guide explains in clear, non-technical language the key outstanding policy issues the Green Climate Fund will need to decide on. It is aimed at all GCF stakeholders to be an educational tool, an introduction to key issues, and a reference guide.
A new WRI working paper explores two sets of issues that are fundamental to restoring confidence in the GCF and should be addressed simultaneously: resources and governance. The paper analyzes key challenges with resource predictability and governance and suggests ways forward.