PROJECT PREPARATION FACILITY (PPF)

17 November 2020

- UPDATED PPF GUIDELINES

• Presentation1. Overview of the updated PPF guidelines

2. PPF review and approval process

• Q&A session

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WEBINAR AGENDA

1. UPDATED PPF GUIDELINES

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• Key highlights: • Additional PPF delivery modality and feature

• PPF funding (expanded)

• PPF service (new)

• Guidance on repayable grant and equity for PPF

• Standardized templates and additional guidance

• Efficient disbursement and implementation

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1. UPDATED PPF GUIDELINES

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1. UPDATED PPF GUIDELINES

- DELIVERY MODALITY

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1. UPDATED PPF GUIDELINES

- DELIVERY MODALITY

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- TEMPLATES

1. UPDATED PPF GUIDELINES

Standard Funding application- More guidance provided

Simplified Funding application- Simpler and shorter

Service application- Only requires TORs for all studies

2. PPF PROCESS

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2. PPF PROCESS

PPF packageapproval

PPF review & revision

CIC endorsement

of CN

CN review & revision

AE submission

Milestone 1 Milestone 2

CONCEPT NOTE REVIEW

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CONCEPT NOTE REVIEW

Strategic fit with Fund's portfolio

level goals

Evaluation against investment

criteria

Alignment with Country and entity work

programmes

Complementarity and coherence

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Secretariat inter-divisional project team :

- Task manager (DMA/PSF)- Task support (DMA/PSF)- Regional Manager (DCP)- ESS/gender/IP specialists (ORMC)- Any other team member, as needed

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Main Question at CIC2What should be presented/

focus of the CNExpected outputs from CIC2

Does this proposed project or programme have the potential to fully meet GCF investment criteria, in particular

(i) Climate impact

(ii) Paradigm shift potential

(iii) Country ownership

• Project description and clearly defined activities

• Theory of change (diagram) • Preliminary assessment of

investment criteria, including impact potential, paradigm potential and country ownership

CIC decides whether to:

• Endorse the proposal for further development via PPF support

• Recommend for further revision by AE and possibility of resubmission

• Reject the CN

CLIMATE INVESTMENT COMMITTEE REVIEW

Technical Assistance is available for DAEs

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CLIMATE INVESTMENT COMMITTEE REVIEW

Main Questions at CIC2

I. Does this proposed project or programme have the potential to mobilize private sector resources?

II. What is the contribution of the AE/private sector in co-financing the PPF?

III. What are the proposed:I. Financial structure and flow of funds and;II. Financial instruments

- FOR PRIVATE SECTOR PROJECTS

PPF REVIEW

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• Feasibility study;

• ESS, gender, Indigenous peoples studies and action plans;

• Vulnerability assessment;

• Climate impact assessment;

• Design of financial structure;

• Detailed logical framework;

• GHG emission reduction estimates, etc.

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COMMON PPF STUDIES

Assessment criteria PPF funding PPF service Standard PPF Application

Simplified PPF Application

Articulation of how the PPF activities will produce the documents that make up a funding proposal

Justification of the AE’s need for project preparation support

Clear and efficient implementation arrangements Limited N/A

Efficient use of GCF resources for project preparation Limited N/A

Clear disbursement and reporting schedule Limited N/A

Counterpart financial support for project preparation is encouraged

N/A

Adequacy of terms of reference for desired studies/outputs

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PPF REVIEW CRITERIA

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TIPS FOR PPF IMPLEMENTATION

Be aware of potential implementation deviation and make necessary arrangements in advance;

Reach out to the GCF secretariat if any questions during preparation;

Make sure NDAs are consulted and involved;

Encourage to submit the FP before the closure of PPF;

Be aware of new GCF guidance, policies and procedures.

STATUS OF PPF PORTFOLIO

Mitigation, 9

Adaptation, 11

Cross-cutting,

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36PPF APPLICATIONS

APPROVED

30COUNTRIESSUPPORTED

22AEs

SUPPORTED

22.9 mINVESTED

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D I R E C T A C C E S S I N T E R N A T I O N A L

ACCESS TYPE

National Regional International

As at 31 Oct 2020

Public, 29

Private, 7

SECTOR

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ADDITIONAL INFORMATION

Reach out to PPF team: ppf@gcfund.org

• PPF overview

• PPF Guidelines

• PPF templates (application, reports)

• Approved PPF applications

• Information of PPF service providers

• Introductory video and infographic (coming soon)

mailto:ppf@gcfund.org

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QUESTIONS & ANSWERS

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