Post Accreditation Support for the National Fund for Environment and Climate (FNEC) of Benin

Document cover for Post Accreditation Support for the National Fund for Environment and Climate (FNEC) of Benin
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Post Accreditation Support for the National Fund for Environment and Climate (FNEC) of Benin

This project specifically aims at addressing following gaps:

  • Weak synergy of action between FNEC and the AND;
  • Limited capacity in term of origination, development, and implementation of climate change related projects
  • Limited knowledge on climate change, particularly climate project justification
  • Lack of FNEC’s Portforlio and pipeline , or pipeline of projects for the GCF
  • Weak capacity of relevant actors and FNEC staff to develop climate proposals that meet the standards of the different funds.
  • Absence of operation manual to guide its work in effective and efficient manner
  • Low rate of disbursement to the Green Climate Fund

Against this background, The project aims at:

  • Strengthening the capacity of FNEC to identify, prioritize, develop, monitor, and evaluate projects for the GCF.
  • Endowing FNEC’s with an operational manual and procedure that is in line with best practice including the GCF requirement in the context of project development
  • Assessing and enhancing the knowledge and understanding of CCs at the FNEC level, in particular the application of a climate rationale in the development of projects
  • Identifying and developing adaptation and mitigation programs / projects that are part of national priorities and align with the GCF results management framework

The main beneficiaries of this project are the FNEC and its staff involved in the process of resource mobilization, project monitoring, evaluation, and financial management as well as the NDA.

Cover date 31 December 2021
Document type Approved readiness proposal
Organisation
National Fund For Environment and Climate
Country
Benin