At the 2009 UN Climate Change Conference in Copenhagen, the developed countries committed to jointly mobilize 100 billion USD a year by 2020 to address the needs of developing countries and to help them adapt to climate change and grow in a climate-compatible manner. The new Green Climate Fund (GCF) will play a key role in the process and a significant portion of this commitment will flow through this funding entity.

On 6th July 2017, GCF approved IDCOL to become the 1st Direct Access Entity (DAE) from Bangladesh. As an accredited entity, IDCOL is able to access the GCF fund directly for any climate change mitigation/adaptation project to be implemented in Bangladesh. The fund can be channeled to private/public sector entity or through private sector banks and financial institutions. IDCOL is accredited for GCF funding instrument of “Senior Loan” & “Grant” and is able to receive up to 250 million dollars for each GCF project.