Accreditation Panel

Governance

Accreditation Panel

The Accreditation Panel is an independent technical panel established to advise the Board on matters related to the accreditation of implementing entities and intermediaries to the Fund. The panel is comprised of six expert members with balanced representation between developing and developed countries and the appropriate range of expertise, nominated by the Accreditation Committee and endorsed by the Board. The panel operates as a senior and independent technical advisory body of the Fund, reports, and is accountable to the Board. In conducting the review of applications for accreditation, the panel may decide to make use of additional external technical experts. Members of the panel will have a three-year term, with the possibility of renewal for a maximum of another consecutive term.

This panel is mandated to provide:

  • Technical advice on the results of the in-depth assessment and review of individual applications for accreditation;
  • Expertise in good-practice fiduciary principles and standards, financial intermediation functions, intermediation regulations and oversight;
  • Expertise in Environmental and Social Safeguards, as well as in evaluating environmental and social management systems in order to ensure that applicant entities have the capacity to implement and oversee GCF's ESS;
  • Expertise in international and recognised good practices in accreditation procedures and systems; and
  • Expert policy advice on developing countries’ special circumstances, including sustainability and climate-related issues.

Established by decision B.07/02​
Contact person: Olena Borysova
Terms of 3 years, renewable once

Members

  • Mr. Ben Boxer
  • Ms. Diana Isiye (Chair)
  • Ms. Natalie Unterstell
  • Ms. Sandra Abiola (Vice Chair)
  • Ms. Irene Nakiwu Koksæter
  • Ms. Yasmin Saadat