Recommendation 44

Contributors also raised the importance of direct access to multilateral funds for grassroots organisations, LDCs and SIDS.92 To access funding from the GCF, for example, applicants have to become accredited first – a process which the GCF describes as a means to “assess whether they [applicants] are capable of strong financial management and of safeguarding funded projects and programmes”.93 Gebru Jember told us that: 84 The Green Climate Fund, About Us, accessed 26 October 2021 85 “140. We heard that accessing climate finance through the GCF can be challenging for developing countries” due to the GCF’s “high environmental, social, governance and fiduciary standards”. See: International Development Committee, UK aid for combating climate change (HC 1432), Paragraph 140, 8 May 2019 86 International Development Committee, UK aid for combating climate change (HC 1432), Paragraph 146, 8 May 2019 87 House of Commons, International Development Committee, Oral evidence: Climate change, development and COP26, HC 99, 22 June 2021 and 6 July 2021 88 Q17 [Diann Black-Layne] 89 Q43 [Gebru Jember] 90 Q43 [Gebru Jember] 91 Q41 [Gebru Jember] 92 Q31 [Julius Ng’oma], Q45 [Eileen Mairena Cunningham], Q47 [Gebru Jember] 93 Green Climate Fund, Entity Accreditation, accessed 26 October 2021 Global Britain in demand: UK climate action and international development around COP26 19 the accreditation of [LDC] institutions […] is becoming a challenge. If a country needs to register for access to large-scale finance, it is not easy. Even small-scale accreditation takes years.94