European Capacity Building Initiative

History of Enhanced Direct Access: Second updated edition

This brief history of Enhanced Direct Access traces the idea back to a number of historic precursors, such as the Kreditanstalt für Wiederaufbau (KfW) under the Marshall Plan, the World Bank Kecamatan Development Program in Indonesia, and the Brazilian Amazon Fund. It then follows how the idea evolved under the Bali Action Plan, the Transitional committee for the design of the Green Climate Fund (GCF) and finally, the GCF Board, culminating in the establishment of a GCF. The second updated edition includes a summary account of EDA programmes that have been implemented under the UNFCCC/Paris Agreement Green Climate Fund and Adaptation Fund, as well as the French SUNREF (Sustainable Use of Natural Resources and Energy Finance) programme, and ends with a forward looking section on 'performance-based' EDA.

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