Submission to the GCF Board with regards to the Strategy on Accreditation
This submission is in response to the 18 April invitation by the Green Climate Fund (GCF) Secretariat for submission of inputs on the strategy on accreditation in relation to the questions in the report of the Accreditation Committee on the progress on developing a strategy on accreditation.
After examining the current state of affairs, this submission concludes that:
(i) in the longer term, the best limitation strategy is to set a cap on numbers of accredited entities, and
(ii) in the short-term, the most effective way to mitigate the existing imbalances (as well as to incentivise the “signature” Enhanced Direct Access modality) is to grant top priority accreditation to nation-wide entities submitting an EDA pilot proposal.