Criteria & Transaction
An international voluntary steering group is responsible for administration of the Climate Fund so as to ensure that 100% of all contributions benefit local projects.
Projects that are eligible for funding are those that are implemented by African Naturefriends organisations. The projects need to comply with at least one of the two following content criteria:
- Contribution to mitigating the impact of climate change
- Contribution to awareness-raising and climate protection
In addition, the following formal criteria need to be complied with:
- Project description & detailed cost and implementation planning
- Regular reports about project progress, including interim billing and evidence of all payments
- Final evaluation
The steering group determines the selection of projects and informs African Naturefriends organisations about the possibility of submitting a new project in good time. Ongoing projects are supported by the steering group. Review of the project progress and (interim) billing are also carried out by the steering group.