EIF accreditation of GCF extended by five years

Martin Endjala The Environmental Investment Fund of Namibia has penned five-year accreditation master agreement extension with the Green Climate Fund. The re-accreditation signed yesterday between the two funds comes after the EIF’s five-year term lapsed in June 2021. The re-accreditation was preceded by a rigorous institutional review and assessment of the Fund by the GCF secretariat. The signing of the accreditation master agreement shows that the EIF of Namibia is recognized as maintain global standards, competence, and governance systems to access the financial resources of the GCF. It is also said to demonstrate the cooperation, commitment and dedication of government…