Accreditation - Process - 5. Board decision (Approval)

Following the screening process, the AP submits its recommendations to the GCF Board for consideration.

The Board reviews the recommendations and makes the final accreditation decision.

Once approved by the Board, the applicant becomes a GCF Accredited Entity. Each AE will be issued a confirmation/certificate which will be evidence of the entity’s accreditation and will confirm the environmental and social risk category the entity is accredited for.

If the Board decides not to accredit an applicant, it may provide guidance to the Secretariat on how to communicate the reasons for the decision to the applicant.

Under the Revised Accreditation Framework, re-accreditation is no longer required, as accreditation will no longer have a fixed term. Instead, GCF will maintain an ongoing partnership with Accredited Entities, supported by the revised Monitoring & Accountability Framework (MAF). This approach ensures that performance and compliance are monitored continuously, promoting accountability and efficiency without the need for periodic re-accreditation cycles. This approach ensures that performance and compliance are monitored continuously, promoting accountability and efficiency without the need for periodic re-accreditation cycles.