The Readiness and Preparatory Support Programme (the Readiness Programme) is a funding programme of GCF aimed at enhancing country ownership and access to the Fund, particularly targeted at the most vulnerable countries.
The Programme provides financial resources for strengthening the institutional capacities of NDAs or focal points and Direct Access Entities in a country, to efficiently engage with the Fund. Resources may be provided in the form of grants or technical assistance.
The Readiness Programme can be accessed by all developing countries. GCF aims for a floor of 50 percent of the readiness support allocation to particularly vulnerable countries.
Up to USD 1 million per country per year may be provided under the Readiness Programme. Of this amount, NDAs or focal points may request up to USD 300,000 per year to help establish or strengthen a NDA or focal point to deliver on the Fund’s requirements.
The major types of activities supported by the programme include:
- Formulation of national adaptation plans and/or other adaptation planning process by NDAs or focal points
- Capacity building for potential NIEs that have been nominated by their respective NDAs, to enhance their ability to seek accreditation with GCF
- Capacity building support for already GCF accredited entities (post-accreditation support)
In each case readiness funds will be allocated in coordination with, and with the approval of, the relevant NDAs / focal points.
The Readiness Programme aims to support five outcomes connected to the Programme objectives as listed below. These outcomes are laid out in the Readiness and Preparatory Support Proposal Template.
- Strengthening country capacity - The Programme provides support to institutional capacity building of developing country NDAs or fonal points. This can include strengthening coordination mechanisms led by the NDA, establishing 'no objection' proecdures to guarantee country ownership of GCF projects, as well as ensuring the monitoring and oversight of climate finance in a country
- Engaging stakeholders in consultative processes - The Programme supports the development of stakeholder engagement processes aligned with country priorities. This can include support for the development of a country programme that identifies strategic priorities for engagement with GCF and annual reviews of the country's GCF portfolio. The GCF Country Programme for Bangladesh for 2018 can be accessed here.
- Realizing direct access - The Programme provides support to Direct Access Entities or NIEs with the accreditation process, post-accreditation capacity building as well as with the development of work programmes for accredited entities. Readiness support is also available to help these entities with in-depth assessments of their institutional capacity, fiduciarym Environmental and Social Safeguards (ESS) and gender standards to meet the GCF accreditation standards
- Providing access to finance - The Programme helps realise outcomes linked with enhanced access to climate finance in developing countries. This can include supporting activities for ensuring country programmes implement high-impact priorities identified in Intended Nationally Determined Contributions (INDCs) and other national strategies as well as ensuring the alignment of funding proposals with country priorities.
- Mobilizing the private sector - The Programme also supports measures to crowd in private and capital market financing for the implementation of country programmes, This can include engaging the private sector in national consultative processes, approving private sector funding proposals as well as creating an enabling environment for private sector investments.
Readiness Activities in Bangladesh:
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