Accredited entity
The GCF channels its funding for climate actions in developing countries through accredited entities (AEs). GCF AEs can be international, regional, national and sub-national entities, including public and commercial banks; international and bilateral development agencies; ministries or other government agencies; private sector actors; and other non-governmental organizations. In order to be accredited to the GCF, applicant entities need to apply for accreditation and fulfill accreditation requirements set by the GCF, such as environmental, social and gender safeguards and financial and project management principles and standards. They are accredited for five years and then need to reapply.
