85
OVERALL
CO-FINANCING
GEF TYPICALLY REQUIRES CO-FINANCING AT A RATE OF 2 OR 3 TIMES THE GEF CONTRIBUTION
IF THE PROJECT HAS A $4 MILLION CONTRIBUTION FROM GEF, THEN CO-FINANCING SHOULD BE $8
TO $12
MILLION.
AS AN EXAMPLE, CO-FINANCING COULD COME FROM
MULTI-LATERAL DONATIONS: $4 MILLION
MACHC: $75,000
NGOs (VARIOUS): $100,000
COUNTRIES: $4,000,000
OTHER: ???