Industry
MFLC becomes the Maldives' first national entity accredited to the Green Climate Fund
Hotelier Maldives says the accreditation could help hotels and guesthouses pay for cleaner, more efficient operations.
Industry · 2026-11-11 · Drafted with AI assistance and edited by the newsroom
Maldives Finance and Leasing Company (MFLC) has been accredited as the Maldives' first national Direct Access Entity of the Green Climate Fund (GCF), the world's largest dedicated climate fund. The GCF Board approved the accreditation at its 46th meeting, held from 26 to 29 October 2026 in Songdo, Incheon, Republic of Korea.
It means MFLC can work directly with the fund to develop and submit climate project proposals. A Hotelier Maldives feature argues that this could open new routes to finance decarbonisation across resorts, hotels and guesthouses, which rely on energy-intensive cooling, desalination and, often, diesel generators.