Funds are accessed through an Accredited Entity (AE) which may be a public, private or non-government institution, operating at national, regional and international levels. The AE supports the project design and preparation process to ensure alignment with requirements of the Green Climate Fund and is responsible for overseeing project and financial management of the program. The AE reports to the fund.
The Executing Entity (EE) is the entity that will take responsibility for day-to-day delivery of the project and reporting on activities and financial management to the AE. The technical and financial management capacity of the EE should be considered early in the planning process. Under the Green Climate Fund, an Accredited Entity can also be an Executing Entity for the same project.