CDKN provided close support to the Government of Ethiopia’s (GoE) Ministry of Finance and Economic Cooperation (MoFEC) and the CRGE Facility (within MoFEC) on climate finance readiness. An outcome of this support was the accreditation of MoFEC as a National Implementing Entity for both the Green Climate Fund (GCF) and the Adaptation Fund (AF). MoFEC is now eligible to develop and submit project proposals to both Funds and to implement them if they are approved.

This project built on CDKN’s previous support in the development of various sector proposals for submission to the GCF. This involved ensuring that support was given to the GoE to finalise and align the GCF natural resources proposal (developed under a previous project; TAAF-0063) with the results of a Feasibility Study that was being prepared by the UNDP Country Office. In addition, the project supported the preparation and finalisation of the Sustainable Cities proposal, developed under TAAF – 0063.

CDKN also supported the development of a ‘new’ proposal to be submitted to the Adaptation Fund. Moreover, CDKN also offered to support the refinement/improvement of the submitted proposals based on the feedback that is received by GCF and AF technical Advisory panel of experts.