EEPP Program Support Unit 

EPF Operating Manual   General Principles 

Contents 

1.  INTRODUCTION............................................................................................................1 

Objective of the Operating Manual...............................................................................................1 

Organization of the Operating Manual..........................................................................................1 

2.  ACRONYMS AND DEFINITIONS...............................................................................4 

Acronyms ......................................................................................................................................4 

Definitions.....................................................................................................................................4 

3.  STRATEGY AND OBJECTIVES .................................................................................7 

Goals of the Fund ..........................................................................................................................7 

Principles.......................................................................................................................................8 

Expense Budget of the EPF...........................................................................................................8 

Revenues of the EPF .....................................................................................................................9 

4.  FUND STRUCTURE AND MANAGEMENT............................................................11 

Introduction .................................................................................................................................11 

Internal Structure of the EPF.......................................................................................................11 

The Fund Management Committee.............................................................................................12 

Internal Ministry of State for Environmental Affairs and EEAA Relations ...............................13 

External Governmental Relations ...............................................................................................14 

External Relations with Applicants and Those Tendering Offers...............................................14 

External Relations with the Financial Sector ..............................................................................14 

5.  DISBURSEMENT MECHANISMS.............................................................................16 

General Guidelines......................................................................................................................16 

Grants ..........................................................................................................................................16 

Interest Rate Subsidies ................................................................................................................17 

Soft Loans ...................................................................................................................................17 

Loan Guarantees..........................................................................................................................18 

Tender Method ............................................................................................................................18 

6.   PROJECT CYCLE MANAGEMENT PROCEDURES ............................................19 

Introduction .................................................................................................................................19 

Identification of Projects .............................................................................................................19 

Application Procedure.................................................................................................................20 

Project Information Form Screening...........................................................................................21 

Project Application Form Appraisal ...........................................................................................21 

Tender Procedure ........................................................................................................................22 

Selection......................................................................................................................................23 

Negotiation and Award ...............................................................................................................23 

Implementation And Monitoring ................................................................................................23 

Reviews and Evaluations ............................................................................................................24 

7.  ANNUAL OPERATING PLAN ...................................................................................25 

Objectives....................................................................................................................................25 

Components ................................................................................................................................25 

Preparation of/and Adjustments to the Annual Operating Plan ..................................................26 

8.  ANNUAL REPORT.......................................................................................................27 

Purpose........................................................................................................................................27 

EEPP PSU 

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