Itaca

Project Development & finance

A new paradigm in how projects are designed and financed

Project: Green Climate Fund note on resilient schools for barbados

The proposal aims to secure funding from the GCF to enhance the resilience of school infrastructure in Barbados against climate change.

  • Stakeholder Analysis: Identifying and engaging with key stakeholders, including government agencies, civil society organizations, private sector entities, and local communities.
  • Problem Identification and Needs Assessment: Analyzing climate vulnerabilities, identifying adaptation and mitigation needs, and assessing climate education needs.
  • Theory of Change Development: Developing a theory of change to outline how project interventions will lead to desired outcomes and impacts.
  • Project Design and Strategy Formulation: Defining project objectives, selecting appropriate interventions, and integrating cross-cutting issues.
  • Financial Planning and Resource Mobilization: Estimating project costs, exploring financing options, and developing a budget.
  • Risk Assessment and Management: Identifying project risks and developing mitigation strategies.
  • Monitoring and Evaluation Framework: Defining performance indicators, developing a monitoring plan, and incorporating evaluation mechanisms.
  • Partnership Development and Coordination: Engaging stakeholders, coordinating implementation efforts, and conducting a virtual validation workshop.
  • Documentation and Submission: Drafting the Concept Note, reviewing and finalizing it, and providing responses to GCF feedback.
  • A comprehensive Concept Note for the GCF: This is the primary output of the project and will serve as the basis for securing funding.

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