Projects submitted for funding consideration are subject to a rigorous multi-step process that will ensure that the funds entrusted to the Climate Change and Emissions Management Corporation (CCEMC) are invested in accordance with its mandate to reduce greenhouse gases and create a balanced portfolio of projects that offer transformative solutions.
While the following description outlines the general process used, the CCEMC may adjust this process from time to time. In general, the process takes approximately eight months from the call for Expressions of Interest to final funding of a project.
The first step in the process is a review of Expressions of Interest (EOI) by our Evaluation Committee comprised of technical experts.
Applicants invited to submit Full Project Proposals (FPP) are provided with FPP Guidelines and assigned a Project Advisor knowledgeable in the project’s subject matter. The Project Advisor provides guidance and assistance to ensure that proposals are fully completed in accordance with the FPP Criteria, and that the process is clearly understood. The proposals are then reviewed, as follows:
1. Initial Review
Each member of the Evaluation Committee reviews all proposals so that members understand the depth and scope of the proposals. During this initial review, members may develop questions that they wish to put to the applicants to further clarify their understanding during the Oral Presentation.
2. Oral Presentation
The Oral Presentation gives applicants an opportunity to verbally support their written proposal and help the Evaluation Committee members broaden their understanding and gain additional clarity on the merits of each proposal.
3. Third Party Reviews
Each proposal is also subject to review and analysis by an expert or experts independent of the Evaluation Committee. Financial due diligence is conducted on project applicants and their partners by a service provider of the CCEMC. Third-party reviewer findings are captured in separate reports and factored into the Evaluation Committee’s recommendations.
The CCEMC uses the ProGrid™ methodology to evaluate Full Project Proposals. ProGrid™ is a rigorous and objective method used by many organizations to evaluate grant applications and project proposals. A full description of the ProGrid™ process can be found at ((LINK)) http://progrid.info/
A Fairness Monitor participates in all stages of the evaluation process and will provide findings to the Board of Directors before any final funding decisions are made.
The Fairness Monitor is an independent consultant who focuses on consistent and unbiased decision-making processes and ensuring that all members of the CCEMC act in good faith.
5. The Decision Process
Decisions and final approvals for each project proposal are made by the CCEMC Board of Directors after careful consideration of the Fairness Monitor’s report, project recommendations from the Evaluation Committee and summaries of findings from the Third-Party reviewers for each project.
Contractual agreements are entered into with proponents of approved projects, and proponents will be responsible for regularly reporting on performance. Information about funded projects and project status information will be made available through a variety of mediums, including the CCEMC annual report, newsletter and website.