Dec 17, 2020
The D.F.C. Gets Ready to Become a G.F.C. Accredited Entity
The Development Finance Corporation is on its way to become a Green Climate Fund accredited entity. It means that the D.F.C. will be able to provide access to funding for climate resilient related activities and investments. But before they become accredited, they must meet certain standards to be able to disburse funding. And so through the G.C.F., under the Ministry of Finance, Economic Development and Investment and the Caribbean Development Bank, the D.F.C. was granted just under a million dollars to build its capacity over the next twelve to fourteen months. Franklyn Magloire of the D.F.C. tells us what it means for D.F.C. to become accredited as a Direct Access Entity of the G.C.F.