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The En­vi­ron­men­tal Man­age­ment Au­thor­i­ty (EMA) has re­ceived ac­cred­i­ta­tion from the Green Cli­mate Fund (GCF) as Trinidad and To­ba­go’s first Di­rect Ac­cess En­ti­ty (DAE).

The GCF Board ap­proved the ac­cred­i­ta­tion on Tues­day grant­i­ng the EMA di­rect ac­cess to in­ter­na­tion­al cli­mate fi­nance re­sources. Di­rec­tor of In­vest­ment Ser­vices at the Green Cli­mate Fund, Acha­la Abeysinghe, said the ac­cred­i­ta­tion strength­ens the Fund’s part­ner­ship with na­tion­al en­vi­ron­men­tal au­thor­i­ties and sup­ports greater coun­try own­er­ship of cli­mate ac­tion.

As an Ac­cred­it­ed En­ti­ty for projects val­ued up to USD 50 mil­lion, the EMA can now col­lab­o­rate with gov­ern­ment, pri­vate sec­tor, civ­il so­ci­ety, and re­gion­al or­gan­i­sa­tions on GCF-fund­ed cli­mate adap­ta­tion and mit­i­ga­tion ini­tia­tives.