Day 1 of the Regional Meet of National Designated Authorities & Accredited Entities on
“National Experiences of Accessing and Programming Resources from the Green Climate Fund in South Asia” focused on the experience of Green Climate Fund proposal development in South Asia and supply side reflections from GCF. Here are seven insights from the discussions:
- A strong climate rationale: Green Climate Fund representatives emphasised the need for proposal design to focus and highlight the need of a robust “climate rationale” of the proposal with development benefits to follow.
- The articulation of paradigm shift: While paradigm shift is difficult to articulate and can mean different things in different countries and context, the core principle is that the proposal demonstrated the potential to transforms the target system with a clear focus on sustainability. This is an area we will explore in detail in DAY 2 of the workshop.
- Country driven process: The workshop has reinforced the importance of a country driven GCF finance strategy consistent with the country’s wider climate and development policies as a pre-requisite for prioritising project proposals.
- Shifts toward co-finance: Options for co-financing projects has been a popular topic at the workshop. One of the priorities of GCF is to become a catalytic financier that attracts diverse sources of money into a project by removing risks and barriers to investment.
- Adaptation vs development: The line between the two is unclear particularly for community resilience building activities. A few South Asian countries have overcome this challenge by modifying proposals to showcase the more climate focused elements of the projects.
- Challenge of data collection: Detailed data to underpin project proposals remains a point of concern especially in countries like Afghanistan and Pakistan due to resources required, trans-boundary challenges and security concerns. There are no easy solutions; techniques like extrapolation and interpolation can be of help, but ultimately there needs to be a shift towards more structured national data collection.
- Capacity for proposal development: The GCF proposal development process is a rigorous but lengthy process. It requires the applicant country to conduct multiple environment, social and risk assessments that may not be new to the applying institutions. Building capacity of a dedicated team of experts to support these processes can help expedite proposal development.
- Opportunity for knowledge sharing: Many South Asian countries are engaged in proposal development on similar themes like climate smart agriculture and glacial lake outburst flood. There is an opportunity to share knowledge and build.