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Request for Proposals: GCF Funding Modalities

During its 13th Meeting, 28-30 June 2016, the GCF Board endorsed a Request for Proposals (RFP) to identify qualified financial institutions that will undertake the design, implementation and management of strong, high-impact projects and programmes in support of micro-, small- and medium-sized enterprises (MSMEs) in the climate space. The deadline for the receipt of concept notes for the first RFP is
30 August 2016. See the RFP for full details.

The Fund also announced the launch of a pilot phase for additional modalities to enhance direct access. This first phase will provide an initial allocation of USD 200 million for around 10 pilots, including at least four in LDCs, SIDS and African States. Countries are invited to work with both accredited direct access entities and potential entities to develop proposals and submit their concept notes by the end of July 2016 to be considered in the first batch, and by the end of January 2017 to be considered in the second batch. Consult the RFP and FAQ for more information.