1. Flow Chart for
Initial Proposal Approval Process

2. 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

3. 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

4. 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