Enhancing India’s Readiness to Climate Finance

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Enhancing India’s readiness to access and deliver international climate finance Figure IV.1: GEF access procedures in India Process/action Who is responsible? Focal point and their roles and responsibilities w.r.t accessing GEF fund in India Scope of activities (e.g. mitigation and/or adaptation) and specific definition of these activities Project design and beneficiary selection Eligible expenditure Direct or indirect financing GEF projects are generated in the countries based on country’s identified needs and priorities. Governments, NGOs, academic and research institutions, private sector entities, among others stakeholders, can submit a project to be considered by the GEF through an Implementing or Executing Agency. The activities and specific definition are then vetted and approved by MoEFCC and DEA. The national consultation process for approval of GEF projects in India is conducted by the GEF Empowered Committee, chaired by the Secretary, MoEFCC. This process involves the identification of National Executing Agency, identification of the lead GEF Agency and identification of focal points / contact persons. The institution tasked with leading the project is then responsible for the project design (submitted the PIF first followed by a project proposal) and MoEFCC is responsible for identification of appropriate GEF agencies The GEF Empowered Committee identifies national priorities with incremental value to be funded under GEF, including identification of possible co-financing at the national level Indirect financing FF IA SG/CG LM MoF FF IA: Implementing Agency SG/CG: State Govt/ Central Govt LM: Line Ministry MoF: Ministry of Finance FF: Fund Flow To seek the GEF grant, the implementing agency (World Bank in this example) will have to send a request to the state government which would forward it to the line ministry. The line Ministry would review the request and forward it to MoF with its endorsement. The MoF will release the funds directly to the state government, which will pass it on to the Implementing Agency. Choice of financing instruments Implementing entities MRV / ME processes GEF Empowered Committee decides the financial instrument. Most financing comes in the form of grants UNDP, UNEP, World Bank GEF Evaluation Office’s M&E Policy Ref: Ricardo-AEA/R/ED59216/Final Report 65
Enhancing India’s readiness to access and deliver international climate finance The GEF project cycle: Project Proponent STEP I: Project concept sent to OFP and review of the concepts itakes place viz-viz the following criteria Linkage with national development strategies and country ownership. Baseline project Global environment al benefits Co-financing potential Real impact on the ground Concept Note Developed Proposal in consultation with Government and GEF agency STEP II: Identification of the GEF agency as per the project requirement Concept note, if eligible Preliminary Screening at GEF Cell Revision STEP III: Identification of the concerned central ministry/state governments for project ownership STEP IV: Develop the concept using the requisite GEF templates with the assistance of the identified GEF agency. Comments sought from concerned central line ministries and state governments. Co-financing commitments obtained in writing The first template to be filled in is ‘Project Identification Form’ (PIF). It is advisable to submit the PPG request (if any) along with PIF to expedite the process. GEF Empowered Committee OFP endorses the project to the concerned GEF Agency Ref: Ricardo-AEA/R/ED59216/Final Report 66
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STRENGTHS Enhancing India’s readi
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