Annex V: Grant Equivalent Calculator (GEC)
Annex V: Grant Equivalent Calculator (GEC)
This document is the annex V to the GCF Appraisal Guidance.
The Grant Equivalent Calculator tool is developed for the sole purpose of measuring concessionality of funding proposals submitted to approved by the GCF and to enable comparison of the concessionality across funding proposals and to measure GCF portfolio level of concessionality.
Important note
You can download 2 documents on the left-hand side:
- The main document is the guidance to the Grant Equivalent Calculator
- The Excel document is the Grant Equivalent Calculator itself
Cover date
01 March 2021
Document type
Operational document