HOW THE FUND WORKS
The Rwanda Green Fund is the country’s national fund for environment related investments and is known locally as FONERWA. The fund invests in public, civil society and private projects that have the potential for transformative change and that align with Rwanda’s commitment to building a strong climate resilient and green economy.
FONERWA carries out a formalized process of public Calls For Proposals (CFPs) to receive Project Profile Documents (PPDs) known as concept note developed according to pre-established criteria. All proposals received by stipulated deadline are then taken through a rigorous screening process.
The project or programme proposal screening is carried out in a fair, transparent, competitive multi-step process. It is overseen by the FONERWA Secretariat with ultimate funding decisions made by the Board of Directors based on evaluations and recommendations provided by the FONERWA secretariat and & Investment Committee.
INVESTMENT AVENUES
Government ministries and agencies, districts, civil society organisations including academic institutions and the private sector can access this financing from the Rwanda Green Fund.
Investments must align with the fund’s eligibility criteria, and the project or programmes are assessed appropriately. There are three financing priorities through which the fund provides investment:
Funding windows
- Conservation & management of natural resources strengthened and sustained.
- R&D and technology transfer and implementation facilitated and utilised.
- Environment and climate change issues mainstreamed into policies, programmes, plans, budgets and activities for public and non-public agencies.
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WHO CAN APPLY
PUBLIC INSTITUTIONS
CIVIL SOCIETY
The Rwanda green Fund provides grant to civil society to implement green projects that have the potential for transformative change and that align with Rwanda’s commitment to building a strong climate resilient and green economy.
When to Apply
The call for proposal for civil society is closed for submitting proposal to FENERWA.
PRIVATE SECTOR
The Rwanda green Fund provides innovation grant and credit line to private sector to respond to Environment and Climate Change related challenges facing Rwanda as well as the aspiration to have green growth path to development.
The credit line, a subsidized loan facility, provided by the Fund and administered by the Rwanda Development Bank provides funding to transformative projects that will demonstrate clear impact in achieving national and sectoral priorities.
They must be backed by a business model with sound underlying fundamentals to manage risk and deliver returns.
When to Apply
A call for proposal to access credit line is open for private sector.
HOW TO APPLY
- PPD forms are submitted on-line through FONERWA website during the public call for proposal. The fund does not receive hard-copy versions of Project Document Profiles and soft copies submitted through e-mail.
- The First-time applicant is required to create the account through the website.
- The website allows an existing applicant to use their login information for submission.
Learn how to develop Project Profile Document (PPD) known as project concept note through the PPD Online Course.
GUIDELINES
- PPD online course is designed to support applicants with information on the first phase of submitting a proposal to the fund.Additional national key documents are provided for further reading to understand the priorities of the Fund and Environment and climate change sector.
- Download the Project Profile Document development materials. The objective of the materials is to provide guidance on PPD development. The materials include Project Profile Document (PPD) Template, PPD worked example, and Fund Monitoring and Evaluation Results Matrix. Any PPD must align with the Fund’s results matrix. The offline PPD template is intended to help applicants to develop their project concept.
APPLICATION PROCESS
Project Profile Document development materials
PPDs will be screened by the Fund Management Team against eligibility criteria.
PPD Eligibility Criteria
- Results based, aligns with thematic windows/entry points and FONERWA M&E framework
- Benefits sustained beyond lifetime of project activities
- Demonstrates value for money
- Involves ongoing stakeholder consultation
- Promotes strategic national/international environment/climate objectives
- Conforms with existing legislation and anti-corruption provisions
Screened PPDs are then categorized as green, High Amber, Amber and Red based on their quality in meeting the eligibility criteria.
PPDs that are considered high quality proposals (green) are subjected to quality assurance, a process that determines which green PPDs proceed to the next step of developing full project proposals.
Full proposals will undergo a technical appraisal by the Fund Management Team. The team will assess each PD according to four overall technical appraisal criteria, each with detailed sub-criteria, and assign a priority ranking for submission to the FONERWA Technical Committee.
Technical Appraisal Criteria
- Desirability
- Viability
- Feasibility
- Capacity to leverage additional resources