The priority of Bangladesh’s NDA is to gain Direct Access to the GCF. For this eligible entities are required to be accredited to the GCF as the National Implementing Entity (NIE). To submit the application to the GCF Board, an entity must have the Nomination Letter, issued by the NDA.
Listed below are the procedures for the nomination of prospective NIEs.
1. Requesting a nomination letter for GCF accreditation from NDA Secretariat
Step 1: Prospective IE requests a nomination letter
- Prospective IE uploads request with supporting documents to NDA Secretariat server.
Step 2: Nomination appraisal
- NDA appraisal team downloads the request and acknowledges receipt of application; the team reviews application and draft appraisal report.
Step 3: Appraisal request for AC support
- NDA appraisal team requests AC members to comment on the application; this should be done within seven days.
- AC members submit comments to the server.
Step 4: NDA manages the prospective IE request for nomination letter
- NDA appraisal team finalises the appraisal report and either rejects the application or recommends appointment of IE to NDA Executive Director.
- If ED accepts the recommendation, the same would be forwarded to the NDA for consideration
- After the NDA’s decision, NDA secretariat issues nomination letter to the entity.
2. NIE nomination and accreditation assessment criteria
The following criteria should be used by NDA to evaluate each applicant:
- Is there a clear and articulated vision of how the applicant intends to use GCF funds?
- What value can the applicant add to meet GCF and national objectives?
- Are there evidence and a demonstrated understanding of GCF accreditation standards and process?
- Is there evidence of the applicant’s status as a legal entity?
- Is there evidence of the applicant’s complementarity with other NIEs and confirmation there is no duplication or redundancy?
- Does the applicant have a track record of undertaking and implementing fiduciary standards and EES, of developing innovative project proposals, and of project management skills (MRV procedures)?
The NDA might also factor in some strategic considerations related to the applicant’s capacity (in terms of mutual accountability), such as:
- Does the applicant have a track record of zero tolerance for fraud, which is demonstrated by its top management?
- Can the applicant demonstrate a working environment free from direct and indirect fraud and corruption, both on the part of its own staff and on the part of third parties?
- Does the entity have the ability to resolve any allegations of fraud or misconduct in a transparent and complete manner, involving the required authorities as appropriate?
- Are there no obvious reasons to deny nomination because of reputational issues?
- Is there an obvious lack of alignment between the applicant’s mission and the GCF objectives?
- Does the applicant have demonstrable experience of oversight and accountability during a project cycle?
- Does the applicant have a track record of assessing and handling potential conflicts of interest?
3. Documents to be submitted
- Request for nomination for GCF accreditation letter
- Statement of purpose reflecting entity’s vision of how it intends to use GCF funds and the value it can add to GCF and national objectives
- Document demonstrating understanding of i) the accreditation standards and requirements, and ii) the application process
- Document confirming legal status of applicant