Funding of the Green Climate Fund through Simplified Approval Process is provided to climate change project proposals, submitted by the national accredited organization with direct access and the national authorized body, with focus on: a) mitigation of climate change by reducing or preventing greenhouse gas emissions; and b) adaptation to climate change. To speed up the process of reviewing project proposals, the Green Climate Fund decided to present to applicant-countries a simplified approval process of project proposals with funding up to USD 10 million.
The infographics "The review and approval process of project proposals in GCF" is a step-by-step algorithm of reviewing and approval of the climate project proposals of applicant countries, which are seeking funding from the Green Climate Fund. This revised and updated process was adopted at the 17th Board meeting of the Green Climate Fund. The scheme illustrates seven main stages: 1. Country and regional programmes, as well as programmes of accredited entities. 2. Identification and building projects pipeline. 3. Project concept development and submission. 4. Funding proposals. 5. Analysis and independent technical assessment, Secretariat’s recommendations to the Board. 6. Board decision. 7. Legal arrangements for approved proposals.
Given calendar has been prepared on the results of the International Photo Contest dedicated to Climate Change and Protection of Ozone Layer, organized jointly by Center of Hydrometeorological Service under the Ministry of Emergency Situations of the Republic of Uzbekistan, State Committe for Ecology and Environmental Protection and UNDP in Uzbekistan. The calendar includes 12 best photos submitted by participants from various countries devoted to climate change issues. Each photo is accompanied description as well as some facts regarding the climate change and its consequences.
The Green Climate Fund is moving quickly to build a large and transformative project portfolio, with many projects already under implementation. 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, which is now operational.
Present brief offers information on the Simplified Approval Process, eligibility criteria to be considered within it, and describes how this approach works.
This toolkit is part of United Nations Environment-funded project entitled "Support Uzbekistan in identification, assessment and strengthening a national institution to directly access climate finance from the GCF", and aims to provide guidance on GCF process and requirements to Uzbek entities interested in seeking accreditation.