Additionality. In accordance with the criteria governing the selection and award of this Grant, the Global Fund has awarded the Grant to the Principal Recipient on the condition that the Grant is in addition to the normal and expected resources that the Host Country usually receives or budgets from external or domestic sources. In the event such other resources are reduced to an extent that it appears, in the sole judgment of the Global Fund, that the Grant is being used to substitute for such other resources, the Global Fund may terminate this Agreement in whole or in part under Article 21 of this Agreement.
Additionality. The Grant is in addition to the resources that the Host Country receives from external and domestic sources to fight the disease indicated in block 9 of the face sheet of this Agreement, or, if applicable, health expenditure (if Health Systems Strengthening is indicated in block 9).
Additionality. The Principal Recipient shall take all actions available to it to ensure that the representation made in Article 5(f) of this Agreement continues to be valid during the Program Term.
Additionality. Financing and investment operations shall fulfil both aspects of additionality as referred to point (b) of in Article 209(2) of the Financial Regulation. This means that the operations would not have been carried out or would not have been carried out to the same extent by other public or private sources without the InvestEU Fund support. For the purposes of this Regulation, these operations shall be understood as financing and investment operations having to meet the following two criteria:
(1) To be considered additional to the private sources referred to in point (b) of Article 209(2) of the Financial Regulation, the InvestEU Fund shall support the financing and investment operations of the implementing partners by targeting investments which, due to their characteristics (public good nature, externalities, information asymmetries, socio-economic cohesion considerations or other), are unable to generate sufficient market-level financial returns or are perceived to be too risky (compared to the risk levels that the relevant private entities are willing to accept). Because of those characteristics, such financing and investment operations cannot access market financing at reasonable conditions in terms of pricing, collateral requirements, the type of finance, the tenor of financing provided or other conditions, and would not be undertaken in the Union at all or to the same extent without public support.
(2) To be considered additional to existing support from other public sources referred to in point (b) of Article 209(2) of the Financial Regulation the InvestEU Fund shall only support financing and investment operations for which the following conditions apply:
(a) the financing or investment operations would not have been carried out or would not have been carried out to the same extent by the implementing partner without the InvestEU Fund support; and
(b) the financing or investment operations would not have been carried out or would not have been carried out to the same extent in the Union under other existing public instruments, such as shared management financial instruments that operate at regional or national level, although the complementary use of InvestEU and other public sources has to be possible, in particular where Union value added can be achieved and where the use of public sources to achieve policy objectives in an efficient manner can be optimised. ▌To demonstrate that the financing and investment operations benefitting from the EU guar...
Additionality. No other financing sources from the private sector or from IFIs will be available for financing of the project.
Additionality. The University is already a world-leader in the use of WebCT for e-learning; additional investment in new releases of this package will make it even better, bringing with it the flexibility of study so attractive to groups at present under-represented because of other commitments. The University already has sports scholarships for outstanding sportspeople, which can now be increased to give greater scope and cover a wider variety of performance- related excellence. The provision of summer schools and experience days for year 12/13 pupils will be expanded. The University’s existing support for students in mathematics and study skills will continue, and will play a greater part in the overall aim of increasing retention. The following financial and budgetary information is for the use of OFFA only, to assist evaluation of the information contained within the Access Agreement itself. The paragraph numbers shown below refer to the corresponding paragraphs in the Agreement. Note: It is expected that for all targets shown in the Agreement and below will reflect the current proportion of students from under-represented groups, ie approximately 40% of the first degree and HND students. That figure is used in all allocations below unless otherwise stated. The numbers shown are indicative as individual targets may be modified in the light of demand so as to keep the overall expenditure at the intended level.
Additionality. $50bn p.a. commitment (some through the markets) by 2015 (0.1% of rich country GDP). Possible breakdown: $15bn deforestation; $15bn adaptation with priority for Africa and other vulnerable communities and countries; remainder for mitigation, possibly including technology fund. – As total adaptation and mitigation costs are likely to be much higher than these numbers (HDR estimate $86bn for adaptation alone in 2015), self-financing will also be substantial. • Rich country commitments for 2020 and going forward: – Commitments to increase finance beyond 2015 to world figures of around $100bn p.a. in adaptation and mitigation funding by 2020 (some mitigation funding through markets). – Intention for at least $200bn p.a. in 2020s as the world moves forward to a low-carbon economy ($100bn for mitigation and $100bn for adaptation) depending on progress. • Possible sources: auction revenues, national or international; carbon tax revenues; international taxes on aviation/maritime (1-2 Gt CO2e at $20 – $30 per tonne could yield $20-60bn p.a.); general public revenues. • Within overall framework important further detailed work necessary including: – Governance/Institutions: could deliver finance mostly through international institutions, e.g., new African regional banks and possibly also World Bank. – Assessments of additionality; new sources of finance give greater confidence. – Rich country 2020 emissions reduction targets. – Reform of CDM. – Programmes for strong technology policy and sharing. – Strong action on XXXX. • Unlikely to be full treaty in Copenhagen. • But opportunity to make strong political agreement if world decides to take it. • This could transform the negotiations by setting clear parameters for targets and finance which could provide the foundations of a more formal international agreement. • Basic content is in preceding three slides. Much but not all is broadly understood. • This is the time to be explicit and resolve the differences. The consequences of failure are at best a very damaging delay and at worst great global risk. • This now requires heads of state to take the key decisions that could allow environment, finance and other ministers to sort out the detail. • Early action – Energy efficiency - great scope for energy efficiency improvements across all countries. – Halting deforestation, particularly in the tropics. – Low-carbon technologies - e.g., wind, solar, geothermal, hydro, wave, nuclear, bio-fuels. Strong technology promotion is...
Additionality. (Applicable only in the case of the Grantee being a Host Country) For each Program, the Grant Funds received are in addition to the resources that the Host Country receives from external and domestic sources to carry out the activities contemplated in the Grant Confirmation; and
Additionality. (Applicable only in the case of the Grantee being a Host Country) For each Program, the Grantee or the Principal Recipient acting on behalf of the Grantee shall take all necessary actions to ensure that the representation made in Section 8.6 continues to be valid during the entire Implementation Period of such Program;
Additionality. All Gold Standard project activities must be demonstrated to be additional, meaning that they shall reduce anthropogenic emissions of greenhouse gases below those that would have occurred in the absence of the registered Gold Standard project activity.
