Green Climate Fund (GCF) in brief: simplified approval process

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Green Climate Fund
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Date of publication: 
February, 2018
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Green Climate Fund (GCF)
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Description/Abstract: 

The Green Climate Fund is moving quickly to build a large and transformative project portfolio, with many projects already being implemented with the objective to adapt and/or mitigate to climate change.

However, there is a need to simplify and streamline the approval of certain small scale projects, particularly from direct access entities. In response, the GCF’s Board has approved a new approach: the Simplified Approval Process Pilot Scheme (SAP), which is now operating.

The Board approved the first SAP project in February 2018 – an initiative by the Namibian direct access entity Environmental Investment Fund (EIF) to improve the ecosystem management practices of farmers.

 

Keywords: 
Green Climate Fund Financing Funding Adaptation Mitigation Climate Change
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Green Climate Fund (GCF)
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Green Climate Fund (2018). GCF in brief: simplified approval process.

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