Business View Caribbean | Volume 9, Issue 1

12 BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 1 An action plan will be devised to close the gaps and implement some core actions identified for planning and institutional support, which can be addressed by the funds seeking accreditation. These extend to the formulation and adoption of a strategic plan, grant award mechanism, financial management framework, and environment, social and gender management framework that will guide the organization’s strategic direction. BSIF, as a direct access entity, will vastly complement the work being done by other potential accredited entities; already having vast experience in the implementation of social projects within the education, health, water and sanitation sectors and extensive past collaboration with NGOs, CSOs and private sector organizations. The GCF funding will also be used to analyze the institutional and technical needs of national stakeholders within the BNPAS, providing the framework for the systems advancement towards climate resiliency. An action plan will be devised to close the gaps and implement some core actions identified for planning and institutional support, which can be addressed by the funds. This will enable the entities to pave a way forward in their ongoing efforts to address climate change in Belize. The Protect Areas Conservation Trust (PACT) will be the delivery partner since they have accreditation experience and continue to support Belize’s efforts to combat climate change. Dr. Osmond Martinez, CEO in the ministry and the National Designated Authority, thanked the GCF team and congratulated Mr. Leroy Martinez, economist/GCF focal point; Ms. Denaie Swasey, PACT climate change technical officer, and Mr. Shaun Finnetty, BSIF M&E specialist, for their effort and excellent leadership in development and seeking approval of the project proposal.