APPENDIX II: Eligibility Criteria for Climate Change Adaptation Projects

Standards:

a) The project reduces the location-specific context of vulnerability to climate change. This reduction is explicitly indicated and explained in the project documents through an explicitstatement of intent to address the identified climate vulnerability and an analysis that articulates a clear and direct link between the climate vulnerability context and the specific project adaptation activities that address the climate vulnerability. Those specific project activities define the share of the project that directly addresses climate change vulnerability. If climate change adaptation is an objective of specific project activities, only those activities are eligible. If climate change adaptation is an objective of the full project, or it is not technically feasible to disaggregate between adaptation and non-adaptation project activities, then the full project is considered to directly address climate change vulnerabilities and is eligible.

b) For projects relating to contracts of a value of at least SDR 20 million, there is an independent third-party review conducted on the project, either separately or conducted in concert with the preparation of the project documents. The review is publicly available, such as published on the project website or the website of the relevant public body. The review shall verify the rationale established in paragraph a. above. Additionally, for projects relating to contracts where it is not technically feasible to disaggregate among climate change adaptation and non-adaptation project activities, the review shall verify the technical infeasibility of disaggregating project components.

c) The useful life of the project exceeds the repayment term.

Maximum Repayment Term: 

22 years