Foreign or international body
Green Climate Fund (GCF)
In the news, last 90 days
Economy
MFLC’s GCF Accreditation Opens New Chapter for Maldives’ Climate Finance
Maldives Finance and Leasing Company Pvt Ltd (MFLC) has become the Maldives' first National Direct Access Entity accredited to the Green Climate Fund, approved during the 46th meeting of the GCF Board held 26 to 29 October 2026 in Songdo, Incheon, Republic of Korea. The accreditation allows MFLC to develop and submit climate funding proposals directly to the GCF, subject to the Fund's approval processes, and the company says it will now work to build a pipeline of viable climate projects.
Economy · Press release
Maldives Achieves Historic Milestone in Climate Finance with MFLC’s Green Climate Fund Accreditation
The Ministry of Climate Change, Environment and Energy and Maldives Finance and Leasing Company (MFLC) announced that MFLC has been accredited by the Green Climate Fund, making it the Maldives' first national Direct Access Entity. The accreditation was approved at the 46th GCF Board meeting in Songdo, Republic of Korea, following an 11-month process of institutional assessments and framework enhancements.
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