Project-specific Assessment Approach - Process - 4. iTAP assessment and Board decision

Project-specific Assessment Approach

4. iTAP assessment and Board decision

  1. The independent technical advisory panel (iTAP) conducts technical assessments of funding proposals and provides its analysis and recommendations to the Board. The independent TAP conducts the technical assessments of the performance of proposed projects/programmes against activity-specific criteria, as defined in the GCF initial investment framework.

    The iTAP assessment, with conditions if applicable, and the responses of the AE are included in the funding proposal package that is presented to the Board.

  2. After iTAP endorsement of the funding proposal, the PSAA application and FP will be sent to the Board for approval.
  3. Following Board approval, the entity and GCF will enter into a PSAA legal agreement. This is a hybrid of the Accreditation Master Agreement (AMA) and Funding Activity Agreement (FAA), which will reflect relevant reporting requirements under GCF’s monitoring and accountability framework.