Who can access FONERWA?
line ministries, Government agencies, Districts,
Civil Society Organisations
including academic institutions
and the private sector.
Rolling Basis Application for Private Sector
FONERWA in a proactive effort to encourage private sector-led initiatives to respond to Environment and Climate Change related challenges facing Rwanda as well as the aspiration to have green growth path to development hereby launches the rolling basis for applications.
This is the product of wide consultations with the private sector. In the new application process, credit line (loan) applicants will be able to enjoy all year round application opportunity with simplified, private sector specific application documents.
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.
The Rolling Basis Application
Applicants will have their proposals received and processed by the Fund on an ongoing basis as and when FONERWA receives them. The applicant is encouraged to submit proposals for funding for green and sustainable businesses primarily aligned to sectors relevant to environment and climate change that include but not limited to Agriculture, Energy, Transport, and integrated water resources management. Summary of Eligibility Criteria
· Innovation/Additionality: Need to focus on new and innovative interventions as well as new ways of thinking and delivering. The proposals place emphasis on additionality with funding clearly aligned to interventions that explicitly target green and climate resilient initiatives that seek to improve performance and sustainability.
· Focus on emerging priorities: The programs/projects must focus on opportunities for implementing the EDPRS II priorities and the Green Growth and Climate Resilience Strategy (GGCRS) programs of action as critical guiding principles.
· Value for Money and Commercial Merit – Projects must demonstrate a capability to generate a return that exceeds the cost of capital and repayment capacity based on the Bank’s assessment. The project benefits should however reward the business and the bank financially for the risks taken and deliver socio-economic and developmental impact to the communities in which the business operates thus increasing the resilience of Rwanda and Rwandans to climate impacts.
· Sustainability: Ensure that targets achieved from the project/programs are long lasting and sustainability measures are in place.
Semi-Annual Call for proposals
FONERWA carries out a formalized process of public Calls For Proposals (CFPs) presently scheduled every 6 month. During a one month window of opportunity, applicants submit their project concepts, known as Project Profile Documents (PPDs), developed according to pre-established criteria. All proposals received by stipulated deadline are then taken through a rigorous screening process.
Who can access the fund
Any legal entity in Rwanda (line ministries, private sector, civil society entities) is eligible for funding, provided that the given project proposal deals with topics relevant to the investment avenue and promotes green initiatives in Rwanda.
Preferences are given to legal entities from non-government and civil society organisations (NGOs/CSOs), local government, central governments, public colleges and universities, research and scientific bodies, as well as the private sector.
When to Apply
The fund carries out a formalised process of public call for proposals every every six months. A sufficient window of opportunity lasting for one to two months is open during which interested applicants submit their project concepts, known as Project Profile Documents (PPDs) through this website.
How to Apply
Project Profile Document preparation
Learn how to develop Project Profile Document (PPD) known as project concept note through the PPD Online Course.
- The fund's Project Profile Document (PPD) course is designed to support applicants with information on the first phase of submitting a proposal to the fund.
- 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.
Project Profile Document submission
- 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.
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
- Capacity to leverage additional resources
- 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.
Types of Funding
The Green Fund’s role is that of a catalyst in the transition towards a green economy, as such it seeks to unlock barriers and bridge gaps. is the vehicle in Rwanda through which environment and climate change ﬁnance is channelled, programmed, disbursed and monitored. As a national Basket Fund, FONERWA is an instrument to facilitate direct access to international environment and climate ﬁnance, as well as to streamline and rationalise external aid and domestic ﬁnance.
Financial support may take the form of:
- Innovation grant
- Loans access