B.38/04: Consideration of accreditation proposals

The Board, having considered document GCF/B.38/03 titled “Consideration of accreditation proposals”:

  1. Takes note with appreciation of the assessments conducted by the Secretariat and the Accreditation Panel contained within the relevant documents for the following applicants for accreditation:
    1. Applicant 125 (APL125) is the Banco de Comercio Exterior de Colombia S.A. (Bancóldex), based in Colombia, as contained in document GCF/B.38/03/Add.02;
    2. Applicant 126 (APL126) is the Banco Nacional de Obras y Servicios Públicos, S.N.C. (BANOBRAS), based in Mexico, as contained in document GCF/B.38/03/Add.03;
    3. Applicant 127 (APL127) is the Cities and Villages Development Bank (CVDB), based in Jordan, as contained in document GCF/B.38/03/Add.04;
    4. Applicant 128 (APL128) is the Community Development and Investment Agency of the Kyrgyz Republic (ARIS), based in Kyrgyzstan, as contained in document GCF/B.38/03/Add.05;
    5. Applicant 129 (APL129) is the Nepal Investment Mega Bank Limited (NIMB), based in Nepal, as contained in document GCF/B.38/03/Add.06;
    6. Applicant 130 (APL130) is the Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI), based in Panama, as contained in document GCF/B.38/03/Add.07;
    7. Applicant 131 (APL131) is Terra Global Capital, LLC (Terra Global), based in the United States of America, as contained in document GCF/B.38/03/Add.08; and
    8. Applicant 132 (APL132) is the International Tropical Timber Organization (ITTO), based in Japan, as contained in document GCF/B.38/03/Add.09;

    pursuant to paragraph 45 of the Governing Instrument for the GCF, subject to, and in accordance with, the assessment by the Accreditation Panel contained in the relevant addendum for each of the applicants, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;

  2. Approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL125, the Banco de Comercio Exterior de Colombia S.A. (Bancóldex), based in Colombia, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.02, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  3. Also approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL126, the Banco Nacional de Obras y Servicios Públicos, S.N.C. (BANOBRAS), based in Mexico, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.03, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  4. Further approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL127, the Cities and Villages Development Bank (CVDB), based in Jordan, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.04, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  5. Approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL128, the Community Development and Investment Agency of the Kyrgyz Republic (ARIS), based in Kyrgyzstan, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.05, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  6. Also approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL129, the Nepal Investment Mega Bank Limited (NIMB), based in Nepal, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.06, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  7. Further approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL130, the Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI), based in Panama, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.07, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  8. Approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL131, Terra Global Capital, LLC (Terra Global), based in the United States of America, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.08, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11;
  9. Also approves, pursuant to paragraph 45 of the Governing Instrument for the GCF, the accreditation of APL132, the International Tropical Timber Organization (ITTO), based in Japan, subject to, and in accordance with, the assessment by the Accreditation Panel contained in document GCF/B.38/03/Add.09, and subject to the completion of Stage III of the accreditation process by having an effective accreditation master agreement, in accordance with decision B.23/11; and
  10. Takes note of the status of the fulfilment by accredited entities of accreditation conditions as assessed by the Accreditation Panel contained in document GCF/B.38/03/Add.01.