Project Proposal Template 10
Project Proposal Template 10
Country/Region: _____________________________
Section I ANNEXES
Please use the following name convention for the file name:
“[FP]-[Agency Short Name]-[Date]-[Serial Number]”
A.1. Brief Project / Programme Information
A.1.1. Project / programme title
A.1.7. Project size category (Total investment, million ☐ Micro (≤10) ☐ Small (10<x≤50)
USD) ☐ Medium (50<x≤250) ☐ Large (>250)
A.1.10. Organization
Project
Email address
contact
details Telephone number
Mailing address
Start: dd/mm/yyyy
Estimated implementation start and end date
End: dd/mm/yyyy
a description of how the choice of financial instrument(s) will overcome barriers and achieve project objectives,
and leverage public and/or private finance
a breakdown of cost estimates for total project costs and GCF financing by sub-component in local and foreign
currency and a currency hedging mechanism:
For example, under the component of drilling activity for a geothermal exploration project, sub-components
would include civil engineering works, drilling services, drilling equipment and inspection test.
Sub- Amount Amount GCF Currency of
Component component (if Local
(for entire Currency (for entire funding disbursement
applicable) currency
project) project) amount to recipient
Component Sub-
Options
1 component 1.1 …………. …………. ………….
Sub-
Options
component 1.2 …………. …………. ………….
Component Sub-
Options
2 component 2.1 …………. …………. ………….
Total project financing
a breakdown of cost/budget by expenditure type (project staff and consultants, travel, goods, works, services,
etc.) and disbursement schedule in project/programme confirmation (term sheet) as included in section I,
Annexes.
(a) Total
project (a) = (b) + (c) ………………… Options
financing
Options
(i) Senior Loans
………………… ( ) years ( )%
(ii) Subordinated Options
Loans ………………… ( ) years ( )%
(iii) Equity ………………… Options ( ) % IRR
(b) GCF …………………
financing to (iv) Guarantees Options
recipient (v) Reimbursable …………………
grants * Options
…………………
(vi) Grants * Options
* Please provide economic and financial justification in section F.1 for the concessionality that GCF is expected to
B
FINANCING / COST INFORMATION
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provide, particularly in the case of grants. Please specify difference in tenor and price between
GCF financing and that of accredited entities. Please note that the level of concessionality should
correspond to the level of the project/programme’s expected performance against the investment criteria indicated
in section E.
Total requested
………………… Options
(i+ii+iii+iv+v+vi)
Financial Name of
Amount Currency Tenor Pricing Seniority
Instrument Institution
* Please provide a confirmation letter or a letter of commitment in section I issued by the co-financing institution.
In cases where the accredited entity (AE) deploys the GCF financing directly to the recipient, (i.e. the GCF financing
passes directly from the GCF to the recipient through the AE) or if the AE is the recipient itself, in the proposed
financial instrument and terms as described in part (b), this subsection can be skipped.
If there is a financial arrangement between the GCF and the AE, which entails a financial instrument and/or financial
terms separate from the ones described in part (b), please fill out the table below to specify the proposed instrument
(d) Financial and terms between the GCF and the AE.
terms Financial
between Amount Currency Tenor Pricing
instrument
GCF and AE
(if applicable) Choose an item. …………………. Options
( ) years ( )%
Please provide a justification for the difference in the financial instrument and/or terms between what is provided by
the AE to the recipient and what is requested from the GCF to the AE.
Please provide an overview of the size of total banking assets, debt capital markets and equity capital markets which
could be tapped to finance the proposed project/programme.
Please provide an overview of market rates (i.e. 1-year T-Bill, 5-year government bond, 5-year corporate bond (specify
credit rating) and 5-year syndicate loan.
Please fill out applicable sub-sections and provide additional information if necessary, as these
requirements may vary depending on the nature of the project / programme.
Provide information on how the activities are linked to objectives, outputs and outcomes that the project/programme
intends to achieve. The objectives, outputs and outcomes should be consistent with the information reported in the
logic framework in section H.
Describe the competitive environment including the list of competitors with market shares and customer base and key
differentiating factors (if applicable).
Provide pricing structures, price controls, subsidies available and government involvement (if any).
Describe operational arrangements with key contractual agreements following the completion of construction. If
applicable, provide the credit analysis of key counterparties of key contractual agreements and/or structural mitigants to
cover the counterparty risks.
C
DETAILED PROJECT / PROGRAMME DESCRIPTION
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Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 Q19 Q20 Q21 Q22 Q23 Q24
TASK
Output 1.
Activity 1.1. X X
Activity 1.2. X X X X X
Activity 1.3.
Output 2.
Activity 2.1. X X X
Activity 2.2. X X X X X
Activity 2.3. X X X X X X X X X X X
D
RATIONALE FOR GCF INVOLVEMENT
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In this section, the accredited entity is expected to provide a brief description of the expected
performance of the proposed project/programme against each of the Fund’s six investment criteria. Activity-specific
sub-criteria and indicative assessment factors, which can be found in the Fund’s Investment Framework, should be
addressed where relevant and applicable. This section should tie into any request for concessionality made in section
B.2.
When applicable, specify the degree to which the project/programme avoids lock-in of long-lived, high emission or
climate-vulnerable infrastructure.
Examples include:
Expected increase in the number of households with access to low-emission energy
Other
Expected increase in the number of small, medium and large low-emission power suppliers, and
relevant
installed effective capacity
indicator
Expected increase in generation and use of climate information in decision-making
s
Expected strengthening of adaptive capacity and reduced exposure to climate risks
Others
Describe the detailed methodology used for calculating the indicators above.
Describe how the project/programme’s indicator values compare to the appropriate benchmarks (i.e. the indicator
values for a similar project/programme in a comparable context).
E
EXPECTED PERFORMANCE AGAINST INVESTMENT CRITERIA
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Describe how the proposal contributes to innovation, market development and transformation. Examples include:
Introducing and demonstrating a new market or a new technology in a country or a region
Using innovative funding scheme such as initial public offerings and/or bond markets for projects/programme
E.5.3. Engagement with NDAs, civil society organizations and other relevant stakeholders
Please provide a full description of the steps taken to ensure country ownership, including the engagement with
NDAs on the funding proposal and the no-objection letter.
Please also specify the multi-stakeholder engagement plan and the consultations that were conducted when this
proposal was developed.
Please describe the efficiency and effectiveness, taking into account the total project financing and the mitigation/
adaptation impact that the project/programme aims to achieve, and explain how this compares to an appropriate
benchmark. For mitigation, please make a reference to E.6.5 (core indicator for the cost per tCO2eq).
E
EXPECTED PERFORMANCE AGAINST INVESTMENT CRITERIA
GREEN CLIMATE FUND FUNDING PROPOSAL | PAGE 16 OF 2320
Please make a reference to E.6.5 (core indicator for the expected volume of finance to be leveraged).
Please describe financial viability in the long run beyond the Fund intervention.
Please describe the GCF’s financial exit strategy in case of private sector operations (e.g. IPOs, trade sales, etc.).
Describe the detailed methodology used for calculating the indicators (d) and (e) above.
Please describe how the indicator values compare to the appropriate benchmarks established in a
comparable context.
GCF
core
indicator
s
Expected volume of finance to be leveraged by the proposed project/programme and as a result of the
Fund’s financing, disaggregated by public and private sources (mitigation only)
Describe the detailed methodology used for calculating the indicators above.
Please describe how the indicator values compare to the appropriate benchmarks established in a
comparable context.
Based on the above analysis, please provide economic and financial justification (both qualitative and quantitative)
for the concessionality that GCF provides, with a reference to the financial structure proposed in section B.2.
Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
probability of risk occurring? If so, to what level?
Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
probability of risk occurring? If so, to what level?
Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
G
RISK ASSESSMENT AND MANAGEMENT
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Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
probability of risk occurring? If so, to what level?
Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
probability of risk occurring? If so, to what level?
Mitigation Measure(s)
Please describe how the identified risk will be mitigated or managed. Do the mitigation measures lower the
probability of risk occurring? If so, to what level?
Means of Target
Expected Result Indicator Verification Baseline Mid-term Assumptions
(MoV) Final
(if applicable)
Fund-level impacts
1
Information on the Fund’s expected results and indicators can be found in its Performance Measurement Frameworks
available at the following link (Please note that some indicators are under refinement):
http://www.gcfund.org/fileadmin/00_customer/documents/Operations/5.3_Initial_PMF.pdf
H
RESULTS MONITORING AND REPORTING
GREEN CLIMATE FUND FUNDING PROPOSAL | PAGE 22 OF 2320
Project/programme
Outcomes that contribute to Fund-level impacts
outcomes
Please select relevant
GCF indicators from the
Fund’s performance
Choose expected outcome measurement framework.
More than one indicator
may be selected per
expected impact result.
Specify other expected
results
Specify other expected
results
Project/programme
Outputs that contribute to outcomes
outputs
1.
2.
3.
Activities Description Inputs Description
1.1. 1.1.1.
1.2. 1.1.2.
2.1. 1.1.3.
… …
Please provide methodologies for monitoring and reporting of the key outcomes of the project/programme.
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ANNEXES I
I. Supporting Documents for Funding Proposal
☐ NDA No-objection Letter
☐ Feasibility Study
☐ Integrated Financial Model that provides sensitivity analysis of critical elements (xls format, if applicable)
☐ Confirmation letter or letter of commitment for co-financing commitment (If applicable)
☐ Project/Programme Confirmation/Term Sheet (including cost/budget breakdown, disbursement schedule,
etc.) – see the Accreditation Master Agreement, Annex I
☐ Environmental and Social Impact Assessment (ESIA) or Environmental and Social Management Plan
(If applicable)
☐ Appraisal Report or Due Diligence Report with recommendations (If applicable)
☐ Evaluation Report of the baseline project (If applicable)
☐ Map indicating the location of the project/programme
☐ Timetable of project/programme implementation
* Please note that a funding proposal will be considered complete only upon receipt of all the applicable supporting
documents.