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