FEC pursues Green Climate Fund accreditation to boost sustainable local development

This strategic move aims to mobilize attractive climate financing for its clients, promoting low-carbon and resilient development in territories facing climate change impacts like floods and droughts. Accreditation would grant the FEC direct access to GCF resources as an implementing entity, enhancing its capacity to fund territorial investments that reduce carbon emissions and strengthen resilience. The accreditation process involves an evaluation of the FEC's ability to manage funds according to GCF fiduciary standards and environmental and social risk management requirements.

The FEC is continuing this process, especially after the GCF's revised Accreditation Framework was published in October 2025. To facilitate this, the FEC plans to recruit a specialized consultant through a tender offer to assist with the accreditation. To become an accredited entity, the FEC must meet conditions and provide documentation on financial project management, fiduciary standards, environmental and social management, legal audit, gender approach, and transparency.

This initiative aligns with the central role local authorities play in implementing sustainable development policies and protecting the environment. As a technical and financial partner to the local sector for over 65 years, the FEC supports local authorities' investment and developm