Global Climate Fund expands network of Accredited Entities, raising total to 20
GCF Board accredits 13 new partnering institutions, including the Caribbean Community Climate Change Centre (CCCCC), a public organization that coordinate’s the Caribbean’s response to climate change, headquartered in Belize.
(Songdo, Republic of Korea, 9 July 2015) – The Board of the Green Climate Fund decided to accredit 13 new partner institutions on the fourth day of its tenth meeting this week, diversifying beyond the seven entities it accredited at its last meeting in March. This brings the total to 20 accredited entities (AEs).
Accreditation means that these institutions have been approved by the Board to act as channels through which the Fund will deploy its resources to developing countries.
“We are building a vibrant network of partners – which is evidence of a rising demand for an active GCF,” said Ms. Héla Cheikhrouhou, Executive Director of the Green Climate Fund. “Seven months ago we invited institutions for the first time to become partners with us. Today, close to 100 well-established institutions from around the world are working towards becoming GCF accredited entities,” she said. “We have added to this momentum by boosting our number of accredited entities to 20.”