B.40/10: Consideration of accreditation proposals

The Board, having considered document GCF/B.40/03/Rev.01 titled “Consideration of accreditation proposals”:

  1. Takes note with appreciation of the assessments conducted by the Secretariat and the Accreditation Panel contained within the relevant documents for the following applicants for accreditation:
    1. Applicant 139 (APL139), the Banco de Desarrollo Productivo - Sociedad Anónima Mixta (BDP-S.A.M.), based in the Plurinational State of Bolivia, as contained in document GCF/B.40/03/Add.03;
    2. Applicant 140 (APL140), the Bank of the Cook Islands Limited (BCI), based in the Cook Islands, as contained in document GCF/B.40/03/Add.04;
    3. Applicant 141 (APL141), the Banque Nationale de Développement Agricole (BNDA), based in Mali, as contained in document GCF/B.40/03/Add.05;
    4. Applicant 142 (APL142), the Asian Infrastructure Investment Bank (AIIB), based in China, as contained in document GCF/B.40/03/Add.06; and
    5. Applicant 143 (APL143), the United Nations Children’s Fund (UNICEF), based in the United States of America, as contained in document GCF/B.40/03/Add.07;

    pursuant to paragraph 45 of the Governing Instrument for the GCF, subject to, and in accordance with, the assessment by the Accreditation Panel contained in the relevant addendum for each of the applicants, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;

  2. Approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL139, the Banco de Desarrollo Productivo - Sociedad Anónima Mixta (BDP-S.A.M.), based in the Plurinational State of Bolivia, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.03, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11.
  3. Also approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL140, the Bank of the Cook Islands Limited (BCI), based in the Cook Islands, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.04, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  4. Further approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL141, the Banque Nationale de Développement Agricole (BNDA), based in Mali, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.05, and subject to the completion of Stage III of GCF/B.40/23 Page 11 the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  5. Approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL142, the Asian Infrastructure Investment Bank (AIIB), based in China, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.06, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  6. Also approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL143, the United Nations Children’s Fund (UNICEF), based in the United States of America, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.07, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  7. Takes note with appreciation of the assessment conducted by the Secretariat and the Accreditation Panel contained within the relevant document for the following applicant seeking to upgrade its accreditation type:
    1. Caribbean Development Bank (CDB), based in Barbados, as contained in document GCF/B.40/03/Add.08;
  8. Agrees to upgrade the accreditation type of the Caribbean Development Bank (CDB), based in Barbados, as contained in decision B.14/10, paragraph (b), subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.40/03/Add.08;
  9. Takes note of the status of the fulfilment by accredited entities of accreditation conditions as assessed by the Accreditation Panel contained in document GCF/B.40/03/Add.01; and (j) Decides that those entities referred to in annex IV are also eligible to apply under the fasttrack accreditation process for the standards of GCF in accordance with decision B.08/03, paragraph (f), for entities under the Adaptation Fund, and decision B.08/03, paragraph (g), for entities under the Directorate-General for International Partnerships of the European Commission, respectively.
  10. Decides that those entities referred to in annex IV are also eligible to apply under the fasttrack accreditation process for the standards of GCF in accordance with decision B.08/03, paragraph (f), for entities under the Adaptation Fund, and decision B.08/03, paragraph (g), for entities under the Directorate-General for International Partnerships of the European Commission, respectively.