Flow Chart for Initial Proposal Approval Process

Initial Proposal Approval Process - Overview NDA No-objection 6 Legal arrangements 2 3 IE or Intermediary Concept development (voluntary) Submission of funding proposal 1 Generation of funding proposals Trustee 4 Analysis and recommendation Secretariat Even out lengths\Add arrow Technical Advisory Panel 5 Board Board Decision Based on Board decision B.07/03

Initial Proposal Approval Process - Concept Development (voluntary) Funding proposal development IE or Intermediary Concept note submission Provide feedback, recommendations Secretariat Note: Public sector funding proposal development costs may be eligible for funding through readiness resources. For private sector funding proposals, the Fund may take an equity stake in exchange for proposal development costs. 2-4 weeks

Initial Proposal Approval Process - Funding Proposal Submission & Review IE or Intermediary Submission Second level due diligence Secretariat Check for completeness Analysis and Recommendation Submission to the Board TAP TAP Assessment Board 2 weeks Board Decision * In between meetings or Board meeting 1-2 week 4-6 weeks 3 weeks