Supporting Direct Access at the Green Climate Fund

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SUPPORTING DIRECT ACCESS AT
THE GREEN CLIMATE FUND
Gaia Larsen and Molly Caldwell

HISTORY OF DIRECT ACCESS AT THE GCF
In 2010, when designing the GCF, direct access was
central, as one board member stated...

Research Question: How can the GCF
improve its support for Direct Access Entities
to better ensure that a diverse set of
o...

DIRECT ACCESS FROM 2014-2020
• Adaptation Fund and to a lesser extent Global
Environment Facility pioneered direct access....

PROJECTS APPROVED
• More than two-thirds
of direct access
entities have not yet
reached project
approval.

PERCENT OF ENTITIES WITH PROJECTS

PROJECTS APPROVED
• 82% of all finance has
gone to international
entities
• While 80% of all
projects have gone to
interna...

PROJECTS APPROVED 2015-2020

UPCOMING BOARD MEETING
• These trends are set to continue with 5
more direct access entities on track to
become accredited...

4 KEY PROGRAMS TO DIRECT ACCESS
1) Readiness Support
2) Project Preparation Facility
3) Simplified Approval Process
4) Enh...

READINESS SUPPORT

WHAT IS READINESS SUPPORT AT THE GCF?
• Created in 2014 to help countries put in place
the systems needed to access the GC...

READINESS SUPPORT & DIRECT ACCESS
• Significance to Direct Access: Direct
Access Entities can access this form of
financia...

DIRECT ACCESS ENTITIES & ACCESS TO
READINESS SUPPORT

READINESS PROJECTS THAT HAVE SUPPORTED
PROJECT DEVELOPMENT

READINESS SUPPORT KEY TAKEAWAYS
• Focus is on for Natonal Designated
Authorities over Direct Access Entities
• Lack of sup...

READINESS SUPPORT KEY TAKEAWAYS
• Long timelines
• Restrictions on funding for direct acess
entity staff
• Limits on cover...

PROJECT PREPARATION FACILITY

WHAT IS THE PROJECT PREPARATION FACILITY?
• $40 million allocated
• Up to $1.5 million per project
• As of November 2020- ...

PROJECT PREPARATION FACILITY
& DIRECT ACCESS
• Significance to Direct Access: All
entities are eligible, though designed w...

PROJECT PREPARATION FUNDING AT CLIMATE
FUNDS

PROJECT PREPARATION FACILITY KEY TAKEAWAYS
• Has been accessed largely by entities that have
already successfully gotten a...

SIMPLIFIED APPROVAL PROCESS

WHAT IS THE SIMPLIFIED APPROVAL PROCESS?
• Launched in September 2017
• Developed in recognition of the barriers
that accr...

SIMPLIFIED APPROVAL PROCESS & DIRECT ACCESS
• Significance to
Direct Access: Has a
specific target for
direct access entit...

LONG AND EXPENSIVE
PROPOSALS
• Cost of drafting can
range from $100-
$150,000 and go as high
as $400,000
• The 19 approved...

APPROVAL TIME FOR SAP PROPOSALS

SIMPLIFIED APPROVAL PROCESS KEY TAKEAWAYS
• Similar steps in the review process for
regular and streamlined processes
• Si...

ENHANCED DIRECT ACCESS

WHAT IS THE ENHANCED DIRECT ACCESS PILOT?
• Approved in July 2015 along with other
requests for proposals
• Further devolv...

ENHANCED DIRECT ACCESS & DIRECT ACCESS
• Significance to Direct Access: First
request for proposal that allocated
resource...

ALL REQUESTS FOR PROPOSALS

ENHANCED DIRECT ACCESS KEY TAKEAWAYS
• Additional operations and governance
requirements to access funds
• A lack of clari...

RECOMMENDATIONS

TRANSFORM READINESS
& PROJECT PREPARATION SUPPORT
One Application
No Application

TRANSFORM READINESS
& PROJECT PREPARATION SUPPORT
• Allow preparatory funding to be used where it is
needed most, includin...

PUT THE SIMPLE
IN THE SIMPLIFIED APPROVAL PROCESS
• Continue to streamline the Secretariat and ITAP
review processes
• Red...

MAKE THE ENHANCING DIRECT ACCESS MODALITY
EASIER TO ACCESS AND MORE REWARDING
• Clarify the benefits of going through EDA ...

THANK YOU

THANK YOU TO ALL INTERVIEWEES

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