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Define the term:

SAP

Define the term:

SAP

Let's learn:

Simplified Approval Process : A process for small-scale low risk proposals which allots less time and effort from both the entity and GCF to go from project conception to implementation. The documentation to be provided is reduced while the review and approval processes are streamlined. The SAP has three main eligibility criteria including a GCF contribution of up to USD 10 million; an ESS category of minimal to none; and a potential for scaling-up, transformation and promotion of a paradigm shift to low-emission and climate-resilient development. Further information on the Simplified Approval Process, including a SAP concept note template with an ESS checklist, is available on the GCF website