The Semi-Annual Financial Report (SAFR) supports the monitoring of GCF-funded activities and is submitted by Accredited Entities (AEs) in accordance with the provisions of the Accredited Master Agreement (AMA) and the relevant Funded Activity Agreement(s) (FAA) for each approved project or programme.

The SAFR supports GCF’s requirements for financial management, external audit, and Expected Credit Loss (ECL) calculations, and covers both financial risk monitoring and financial reporting data requirements.

Accredited Entities are required to complete and submit the SAFR for each Funded Activity, in line with the applicable financial instrument(s).

Submission timelines

30 January
Semi-Annual Financial Report – Loans and Guarantees

26 February
Semi-Annual Financial Report – Investment Income and Equity
(Please note that additional supporting documents may be required for Equity reporting.)

26 August
Semi-Annual Financial Report – Loans and Guarantees