Project approval process - Project cycle - 9. Adaptive management
Project approval process
- Overview
- 1. Country engagement
- 2. Targeted project generation
- 3. Concept note submission and screening
- 4. Funding proposal development
- 5. Funding proposal appraisal
- 6. Board approval
- 7. Legal arrangements
- 8. Monitoring for performance and compliance
- 9. Adaptive management
- 10. Evaluation, learning and project closure
Stage 9. Adaptive management
Actors: AE, GCF Secretariat
Stage 9 details the triggers for adaptive management of GCF projects/programmes and response measures in place.
The three main triggers for adaptive management are:
- Risk flags arising from GCF monitoring tools (mentioned in Stage 8);
- Proactive AE reporting and engagement due to implementation issues; and
- Complaints relating to integrity and violation of environmental and social safeguards.
Once risks are identified, the AE and/or the project/programme will be subjected to a “cure period” to resolve issues and avoid recurrence. If the identified issues remain unresolved by the end of the “cure period,” the Secretariat will inform the AE of any additional measures required. The timing and nature of such measures depends on the potential impacts and risks identified, including the reputational risk to GCF. Failure to resolve may result in cancelation of AE accreditation and revoking of FP approval.
Should modifications be made during this process, the AE is required to inform the GCF. If the proposed change falls within the definition of a Major Change, the Secretariat will request a restructuring paper, a written evidence of the AE’s consultation with the relevant NDA/FP, and supporting documentations.
If the Board approves the Major Change, the FAA will be amended. If not, the AE will either (a) proceed based on the existing Board-approved FP; or (b) withdraw the FP, after informing the NDA/Focal Point.