Having considered the recommendation of the Panel the Board decided to accredit the National Environment Management Authority (NEMA) of Kenya as a NIE on the understanding that: 

(a) NEMA would be required to prepare annual financial statements for all the project(s) funded by the Adaptation Fund; and 

(b) The annual financial statements must be audited by the National Audit Office or another external auditor and that a report must be provided within six months after the end of the financial year.