Climate Finance/Environmental Sustainability Training

Climate Finance and Environmental sustainability is a dedicated fund helping developing countries reduce their greenhouse gas emissions and enhance their ability to respond to climate change.

Green Climate fund (GCF) course aims to catalyze a flow of climate finance to invest in low-emission and climate- resilient development, driving a paradigm shift in the global response to climate change. The short course on GCF will aim to achieve the following; Have a better understanding of the Financial Management instruments, fiduciary compliance and project/program monitoring, evaluation, and reporting techniques and systems. Understand the private sector accreditation processes for financial institutions; the Environmental and Social Standards.

Training Modules

• Climate Strategy and agenda for Africa/East Africa
• Overview of Climate Finance
• Climate Change Regime: Policy Overview
• Climate Finance: Financing Mitigation and Adaptation Actions
• Introduction to GCF
• Priority Setting and Country Ownership
• GCF Readiness Programs
• Designing a GCF concept notes and proposals
• Simplified Approval Process (SAP)
• Co-financing
• GCF investment criteria
• Delivery of projects and programs including monitoring, evaluation, and reporting
• Financial management instruments and fiduciary standards
• Planning, identifying and designing of country driven transformational climate investment
• Preparation of concept notes and funding proposals within the investment criteria and result areas of the GCF
• The GCF Proposal/concept note review and appraisal process
• GCF REDD-plus results-based payments pilot program
• GCF Access modalities and accreditation upgrading process
• Project preparation facility (PPF) application
• Opportunities and challenges for the engagement of the private sector;
• Lessons on the accreditation of Development banks and suggestions and important institutional networks to the accreditation of Development Bank of Ethiopia
• Basic fiduciary standards

Key administrative and financial capacities Transparency and accountability

• Project management
• On- lending and/or blending
• Environmental & social safeguards
• Environmental and Social Management System (ESMS) Environmental and Social (E&S) policy
• Identification of Risks and Impacts Management program
• Organization capacity and competency Monitoring and review
• External Communications channels
• Gender considerations

Competencies, policies and procedures to implement the Green Climate Fund’s Gender Policy Experience with gender and climate change, including a track record of leading to both men and women.

• GCF Indigenous People’s Policy
• Acquire skills on grievance redress mechanisms

Way forward After the Training

Participants will develop a work plan through the help of facilitators that stipulates application of skills acquired in improving their organizations. ASPM will continuously monitor implementation progress after the training