Small Grants Program (Second Operational Phase) - 3rd Year

The second operational phase of the GEF Small Grants Program (GEF/SGP) was approved by the GEF Council in October 1998. A two-year replenishment for $31.619 million was granted and it was agreed that a subsequent annual “rolling” financial modality would be adopted to ensure continuity of program activities. The request for replenishment for SGP operations in year 3 was to be submitted at the end of year 1. Within the adopted programmatic approach a number of benchmarks and deliverables were to be met each year. This first interim report presents progress made in achieving year 1 deliverables as specified in Annex A. It constitutes the basis for Council deliberations on the replenishment for year 3. The replenishment for the period 19 February 2001 to 18 February 2002 (year 3 of the second operational phase) is estimated at $22.823 million. The SGP co-financing target for year 3 is $24 million of which $12 in kind and $12 in cash.