On April 10th the Adaptation Fund Board took the decision to approve the Streamlined Accreditation Process and with it the accreditation of Micronesia Conservation Trust’s national implementing entity (NIE) application. MCT is now eligible to apply for projects up to US$1M to support climate adaptation work in the Federated States of Micronesia.
MCT is the first entity accredited under this new process and therefore establishes this gateway for other small entities. MCT hopes that this accreditation and experience will allow MCT to get accreditation from other multilateral donor organizations such as the Global Green Climate Fund.
To learn more about the Adaptation Fund you can visit their website https://www.adaptation-fund.