The Green Climate Fund (GCF) Board is in the process of considering "additional modalities that further enhance direct access". A devolved and decentralized access modality has been proposed as an alternative to the more traditional model, where detailed project approval is carried out at the multilateral level. This ecbi Policy Brief by Benito Müller and William Pizer explains the relation between "enhanced direct access" and "programmatic approaches," and addresses certain concerns raised about this decentralized/devolved access model, using seven case studies to illustrate current practices that could provide ideas and insights about how the GCF might design its own approach. The case studies are focused around four questions:
a. How does the funding model generally work, in terms of disbursing funds?
b. Who decides what? What decisions are taken by the governing funding body and what decisions are devolved and to whom?
c. How does this funding model ensure the governing body’s objectives are met, and how does it ensure that the various fiduciary standards and safeguards are satisfied?
d. How is the funding level for a particular programme determined?