Project Formulation Grants

Overview

The Adaptation Fund Board (the Board) has made Project Formulation Grants (PFGs) available to accredited national implementing entities (NIEs) of the Adaptation Fund (the Fund) to build the capacity of NIEs in project preparation and design. NIEs that are at the concept development stage of the Fund’s project cycle process have the option to request a PFG up to a maximum of US$50,000 per project together with their submission of the project concept to the Board. PFGs can support project formulation activities, including among others feasibility studies or consultations. A PFG could only be awarded when a project concept has been presented to and endorsed by the Board. The template for a Request for Project Formulation Grant (PFG) is available under Project Proposal Materials.

Component one of the Fund’s Readiness Programme for Climate Finance is focused on providing support to accredited implementing entities of the Fund. Under this component, the secretariat will provide support to accredited implementing entities of the Fund. The grants are meant to help NIEs tap into external (international or national) expertise in the form of short-term consultant assignments to undertake specific technical assessments such as an environmental impact assessment (EIA) a vulnerability assessment (VA), a risk assessment, a gender study, and other environmental and social assessments.

It is expected that through these grants, NIEs will be able to capitalize on available external expertise to strengthen their capacity to undertake the necessary technical assessments related to the design and development of adaptation projects and programmes. Through this process, NIEs can also generate information in advance on the likely effects climate change will have on people and the environment and also information on the likely environmental, social as well as gender related effects of the project or programme that should be avoided, remedied or minimized.

Eligibility

All accredited NIEs of the Fund are eligible to apply for a PFG grant. The PFG grant can be requested at the same time when NIEs going through the two-step approval process submit project concepts.

The PFG grant is available for each accredited NIE up to a maximum of US$50,000 per project and can be accessed by submitting a request to the Board through the Adaptation Fund Board Secretariat.

Apply for PFG Grants

The calls for PFG grants are consider at the regular meetings of the Board together with the concept note submitted. To apply for the PFG grant, please download the application form here.