1. Are we ready to move to the Creation Phase?
Design Phase Checklist
waterfundstoolbox.org

2. TRANSITION REQUIREMENTS
What conditions must be satisfied to move forward to the Creation Phase?
Complete?
Transition Requirement
Complete
Clear and concise narrative of the region’s water security challenges and what contributions the Fund plans to make in helping address these concerns.
A Strategic Plan that is endorsed/supported by the Water Fund’s leadership.
Resources and/or sufficient financial commitments to create the Water Fund and operate it for up to 2 years.
waterfundstoolbox.org

3. DESIGN PHASE: CHECKLIST
Governance
Water Fund Board or Steering Committee formalized in agreement document
Stakeholder map updated
Creation of legal mechanism started
Critical stakeholders engaged in strategic planning process
Science
Situation Analysis updated
Interventions formulated, optimized, and aligned with Theory of Change
Results chains completed
Relevant science-based design studies completed, as per Strategic Plan
Monitoring and Evaluation Plan completed
Finance
Resource needs identified / financial planning completed
Fundraising strategy completed
Potential long-term financial mechanism explored or study initiated
Business case completed
Implementation
Risks identified and mitigation strategies developed
Roadmap completed
Any necessary pilot projects started or completed
Communications
Vision and mission statements complete
Communications and Stakeholder Engagement Strategy completed
Strategic Plan document completed
Learn more about each area: waterfundstoolbox.org/project-cycle/design
Waterfundstoolbox.org

4. WATER FUNDS DESIGN PHASE HIGH-LEVEL ACTION PLAN
Name: ____________________
Date: _____________________
TIMELINE
ACTIONS COMPLETED
ACTION
ESTABLISH FOUNDATION
Formalize WF Board/Advisors & Adopt/Develop WF Charter
Start Creation of WF as a Legal Entity
2.02
Update Situation Analysis
2.03
Keep critical and priority stakeholders engaged on the WF Design and future support needs
STRATEGIC PLANNING
Conduct Strategic Planning: preparation, analysis, review and refine
Commission/Execute necessary Design Studies
Finalize and approve Strategic Plan
PREPARE FOR CREATION
2.05
Secure resource commitments for Creation and Operation Phases
2.06
Transition: Go/No-Go Decision