Rwanda Environment Management Authority (REMA) in collaboration with GGGI and the other partners is pleased to announce a call inviting non-profit organizations and the Private Sector to submit an expression of interest for participating in the climate finance training.
To address these challenges in accessing climate funding, The Rwanda Environmental Management Authority (REMA) in close collaboration with the Global Green Growth Institute (GGGI) and in partnership with the Italian Ministry for Environment, Land, and Sea (IMELS), together with FONERWA, Eastern Africa Alliance on Carbon Market and Climate Finance and UNFCCC Regional Collaboration Centre -Kampala, is organizing training to enhance capacity for Sector experts, active CSOs and Private Sector, on how to develop a fundable proposal and improve project structuring.
This is part of phase 2 of the implementation of the agreement between the Government of Italy and the Government of Rwanda through Ministries of Environment. The training will expound on many climate finance sources, including domestic and international, however with a high focus on the Green Climate Fund (GCF).
The climate finance landscape is complex and dynamic to navigate, with multiple channels and different rules and terms of financing. Navigating this is cost-intensive, especially for countries with constrained capacity. In addition, country actors with project ideas often have a limited understanding of whether their projects are good candidates for receiving international funding and how to go about submitting them for consideration. Thus, building the capacity to access climate finance is of paramount importance to ensure that NDC interventions are translated into fundable projects relevant to accessing both domestic and international climate funding.
The objectives of this capacity building training are to:
- Enhance understanding of the linkages between climate finance proposals and NDCs;
- Improve technical know-how on project design;
- Lead to the development of bankable projects with technical support tailored to the needs of the country and NDC;
- Understanding the international, regional and national climate finance architecture;
- Showcasing Private Sector Finance Opportunities and;
- Identify critical project risks and their mitigation.
- The training will also serve to create more mechanisms to support Civil Society Organizations (CSOs), and the private sector to promote public-private partnerships in joint efforts to develop project proposals, providing an occasion to establish a platform and support the existing ones to share knowledge and experience.
- Climate finance landscaping
- Access to climate finance by assessing and preparing project applications;
- Financial instruments – including a practical example from a project that has structured their project financing using several tools;
- Tools to develop bankable proposals – e.g. templates, checklists, and additional documentation.
- Green Climate Fund and Case studies
- GCF architecture, procedures, and terminologies;
- Go through practical examples of successful concept notes and project proposals in both mitigation and adaptation;
- Highlights from Case studies, successful cases (elaboration process and current status);
- Introduction to all sections of the GCF Concept Note Template;
- A detailed look at GCF’s Investment framework as per Concept note User’s guide: impact potential; Paradigm shift potential, Sustainable development potential, Needs of the recipient, Country ownership, Efficiency and effectiveness, Risks and barrier.
- Climate Change Mitigation project development (Energy, Transport, Buildings & Cities, Forests and Land-use, etc.);
- Climate Change Adaptation and Resilience project development (Ecosystem and Ecosystem services, Livelihoods of people and communities, infrastructure and built environment, Health, Food, and Water security).
- Must commit his or her time to the timelines envisaged by the training;
- A commitment after the training to work with the Facilitator and organizer to submit the proposal to GCF or any other financier;
- Excellent writing and communication skills in English;
- The organizations applying for the training will be required to submit a two-pager project idea note detailing the scope of the project proposal, a template to be used is available at the Climate Finance training PIN.
For more information, visit https://rema.gov.rw/index.php?id=105