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To channel the resources of the Green Climate Fund to projects and programmes, the Fund works through Accredited Entities.

Accredited Entities carry out a range of activities that usually include the development of funding proposals and the management and monitoring of projects and programmes. Countries may access GCF resources through multiple entities simultaneously. Accredited entities may carry out a range of activities however their most important and main function is to develop project and programme proposals and manage and monitor those projects and programmes that have been approved.

These entities have different characteristics and can be private or public, non-governmental, sub-national, national, regional or international, as long as they meet the standards of the Fund. Each institution is required to have policies and procedures in place that are aligned and consistent with the GCF’s fiduciary standards, environmental and social risks and gender policy.

The types of Accredited Entities are:

Direct Access Entities (DAE)

Direct Access Entities are sub-national, national or regional organizations are nominated by developing country National Designated Authorities (NDAs) or focal points directly receive GCF resources. Organizations nominated to become Direct Access Entities may be eligible to receive GCF readiness support. This funding is designed to help organizations in developing countries prepare to become Accredited Entities, as well as helping those which have already been accredited to strengthen their organizational capacities. Direct access entities include the likes of the Caribbean Community Climate Change Centre and the Caribbean Development Bank.

An improved form of Direct Access is Enhanced Direct Access (EDA) whereby responsibilities have been devolved to the national level, increasing ownership and allowing for decision-making and management on specific projects/programmes to be made at the country or entity level. Acquiring Enhanced Direct Access requires broader institutional capacities of the NDA and of the funding entities within the developing country.

International Access Entities (IAE)

International Access Entities (IAE) can include United Nations agencies, multilateral development banks, international financial institutions and regional institutions. The Fund considers these organizations to have the wide reach and expertise to handle a variety of climate change issues, including ones that cross borders and thematic areas. International Access Entities do not need to be nominated by developing country NDAs / focal points. There are benefits to working with international access entities, for example the access to larger and higher risk projects, however it is essential for the NDA to ensure that all projects and programmes are country driven and go through stakeholder consultation and nationally mandated procedures.

A list of accredited entities relevant to Grenada are included below.

Accredited Entities Relevant for GrenadaEntity TypeSizeFiduciary StandardsE&S Risk CategoryEntity LocationEntity Priority AreasEntity Contact
Agence Française de Développement (AFD)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/Guarantees/BlendingCategory AFranceMs. Audrey Rojkof:
Caribbean Community Climate Change Centre (CCCCC)RegionalSmallBasic/Project Management/Grant Award/Category BBelizeDr. Mark Bynoe:
Caribbean Development Bank (CDB)RegionalSmallBasic/Project Management/Grant Award/On-Lending or Blending/Loans/EquityCategory ABarbadosMs. Cheryl A. Dixon:
Conservation International Foundation (CI)InternationalMediumBasic/Project Management/Grant AwardCategory BUSAMr. Kurt Lonsway:
Credit Agricole Corporate and Investment Bank (CIB)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory AFranceMr. Pierre Bauchere:
Deutsche Bank Aktiengesellschaft (DB)InternationalMediumBasic/Project Management/Grant AwardCategory BGermanyMr. Michael Holter:
Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ)InternationalMediumBasic/Project Management/Grant AwardCategory BGermanyJochen Quinten:
European Bank for Reconstruction and Development (EBRD)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory AUKMr. Ryan Alexander:
European Investment Bank (EIB)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory ALuxembourgMs. Kristina Eisele:
Food and Agriculture Organization (FAO)InternationalMediumBasic/Project ManagementCategory BItalyMr. Daniel Gustafson:
Grenada Development BankNationalGrenada
HSBC Holdings plc. (HSBC)InternationalLargeBasic/Project Management/On-Lending or Blending/Loans/Equity/GuaranteesCategory AUKMs. Bonnie Chin:
Inter-American Development Bank (IDB)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory AUSAMr. Matias Bendersky:
International Bank for Reconstruction and Development and International Development Association (World Bank)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/GuaranteesCategory AUSAMs. Claudia Croce:
International Finance Corporation (IFC)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory AUSAMs. Kruskaia Sierra-Escalante:
International Fund for Agricultural Development (IFAD)InternationalMediumBasic/Project Management/Grant Award/On-Lending or Blending/LoansCategory BItalyMs. Magarita Astralaga:
International Union for Conservation of Nature (IUCN)InternationalMediumBasic/Project Management/Grant Award/On-Lending or Blending/Loans/EquityCategory BSwitzerlandMs. Sheila Aggarwal-Khan:
Japan International Cooperation Agency (JICA)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/BlendingCategory AJapanMr. Kotaro Taniguchi:
Kreditanstalt für Wiederaufbau (KfW)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/GuaranteesCategory AGermanyMr. Matthias Borner:
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. PT Sarana Multi Infrastruktur (FMO)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory ANetherlandsMr. David Kuijper:
Société de Promotion et de Participation pour la Coopération Economique (PROPARCO)InternationalLargeBasic/Project Management/Grant Award/On-Lending or Blending/Loans/Equity/GuaranteesCategory AFranceMs. Camille Severac:
United Nations Development Programme (UNDP)InternationalMediumBasic/Project ManagementCategory BUSAMs. Adriana Dinu:
United Nations Environment Programme (UNEP)InternationalSmallBasic/Project ManagementCategory BKenyaMs. Ermira Fida: or
World Food Programme (WFP)InternationalMicroBasic/Project ManagementCategory CItalyMr. Gernot Laganda:
World Meteorological Organization (WMO)InternationalSmallBasic/Project ManagementCategory CSwitzerlandMr. Markus Repnik:
World Wildlife Fund, Inc. (WWF)InternationalBasic/Project Management/Grant AwardCategory AUSADavid McCauley:

To learn how to become accredited, click here. click here ->

For a full list of accredited entities for the GCF, Click Here ->

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