This case study presents the activities, outcomes, benefits and challenges of a mentorship exchange between Malawi Environmental Endowment Trust (MEET), as the mentee, and Profonanpe, as the mentor, in order to facilitate knowledge transfer and mutual learning around direct access modalities for climate financing through the Adaptation Fund (AF) and the Green Climate Fund (GCF). Both funds have similar accreditation requirements and, once an entity is accredited by either of the funds, it can later apply to the other through a fast-track. Given that MEET already had the nomination from Malawi’s Government to become a National Implementing Entity (NIE) of the AF, MEET and Profonanpe decided to focus the mentorship in the AF’s complete procedure, and review certain topics of the GCF fast-track and Readiness Program.