The Fiscal Policy Agency (FPA), Ministry of Finance as the National Designated Authority (NDA) of Green Climate Fund (GCF) in Indonesia, supported by Global Green Growth Institute, invites all stakeholders in Indonesia to submit Project Concept Note (PCN) to be funded by the GCF.
GCF is a financing mechanism of United Nations Framework on Climate Change (UNFCCC), specifically established to provide support in financing climate change projects.
Objectives
The objectives of this 2nd Call for Project Concept Notes (PCNs) is to:
- Expand and strengthen Indonesia’s GCF pipeline;
- Provide technical advisory to further strengthen the PCNs;
- Provide matchmaking (if necessary) between the project applicants and the (Direct) Accredited Entities
Eligibility Criteria
FPA-MOF will undertake a screening process of all submitted PCNs against a set of eligibility criteria outlined below. The PCNs submitted need to satisfy all organizational and project eligibility criteria outlined under sub-section A and B as follow:
Organizational Eligibility
- The Applicant or Lead organization must be an entity legally registered in Indonesia and authorized to conduct all activities germane to the purpose of the proposed project. Applicants and/or Lead organization can include government agencies, multinational or national corporations; international and national banks/financial institutions; international and national NGOs, foundations, multilateral institutions; or trade or professional associations.
- The Applicant and/or Lead organization must demonstrate a proven track record in developing, managing, implementing, and monitoring climate change projects at least a total of 3 (three) years including in at least one of the following sectors: Energy; Low-emission transportation; Waste; Industrial processes and product use; Agriculture; Forest and land-use; Livelihoods of people and communities; Ecosystem and landscape resilience; Climate resilience.
Project Eligibility
- The projects proposed by all eligible organizations must meet Indonesia’s Thematic Priority for Climate Mitigation and Adaptation as outlined in Annex 1 and must be part of the sector priority portfolios of the existing Accredited Entities (AEs) operating in Indonesia as outlined in Annex 2
- The projects should aim on more broader objectives, not only targeting activities on
- study/research/mapping;
- capacity building program; or
- Combined activities of (i) and (ii).
- Activities must be targeted with different levels of approach to address identified problems and barriers
- The projects are encouraged to provide co-financing to complement GCF Funding. Thus, GCF Funding is not the only source of funding for the project. Co-financing can be in the form of cost-contribution, in-kind contribution, and/or equity
- The total project cost should at least USD 1 million
For more information, visit Fiscal Policy Agency.