Minister for Environment and Conservation, John Pundari, said in Parliament on Friday that this is a way forward for CCDA as the national designated authority for the Green Climate Fund (GCF).
GCF was established to assist developing countries finance their mitigation and adaptation programs.
Pundari said the aim is to create a strong financial management system which meets the GCF’s requirements and standards.
He highlighted that CCDA would like to qualify to be an accredited entity, for the purpose of accessing direct finance from the Green Climate Fund.
