‘Direct access’ to climate finance: Lessons learned by national institutions
Developing countries need large amounts of finance to support ambitious climate actions. This paper highlights lessons for developing country institutions seeking access to funding from the multilateral climate funds. It explores the experiences to date of national institutions that have been accredited by either the Adaptation Fund or the Green Climate Fund. The paper focuses on approaches these institutions have taken to plan for, access, and use finance received through direct access, and early lessons learned in the process. Its primary target audience is other institutions that plan to seek direct access to finance from these two or other relevant funds.