European Capacity Building Initiative

Engaging Micro, Small, and Medium Enterprises in developing countries

Enhanced Direct Access and the GCF Private Sector Facility

Publication Date: 
February, 2015
Author: 
Benito Müller
Summary text: 

On 5 March, the Green Climate Fund (GCF) Secretariat published a Board Paper and Draft Decision on ‘Additional Modalities that Further Enhance Direct Access: Terms of Reference for a Pilot Phase,’ putting forward recommendations to the GCF Board on how to operationalise the ‘Enhanced Direct Access Pilot Phase’, which was agreed during the last Board meeting that took place in Barbados in October 2014. The Draft Decision is ‘to launch a Request for Proposal to countries through their national designated authority or focal point and public media to competitively select subnational, national, public and private entities for the implementation of 5 pilots with a total of US$ 100 million, including at least 2 pilots to be implemented in small island developing States, the least developed countries and African States’.

Short Summary: 
Publication: 
Source: 
ECBI/OCP