Making Cooperation Work COMCEC STRATEGY. For Building an Interdependent Islamic World. COMCEC Project Funding at a Glance

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1 COMCEC Project Funding at a Glance COMCEC Coordination Office February 2016

2 Purpose and Function of COMCEC Project Funding 2

3 Relations Between Tools of the Strategy Working Group Meetings Project Funding Mechanism Wo r k i n g G roup M e m b e rs h i p : Relevant Ministries and other public institutions and O I C I n stitutions registered to the Working Groups. Producing policy recommendations in WGs based on policy questions and the analytical studies E n h a n c i n g m u l t i l ate ra l cooperation b e t ween m e m b e r countries a n d O I C i n stitution s i n s i x c o o p e r a t i o n a r e a s. Po l i c y s u p p o r t i n st r u m e nt to re a l i ze p o l i c y re commendations. C o n t r i b u t i o n to ca p a c i t y b u i l d i n g t h ro u g h s o f t p r o j e c t s Common understanding and Policy Approximation 3

4 COMCEC Project Funding Simple Rules Clearly defined Financial Framework Flexible Procedures Backstopping by the CCO Tech. Support by Development Bank of Turkey Demand and Member Driven Mechanism 4

5 COMCEC Project Funding COMCEC Projects are based on GRANTS (No re-payment) Simple and flexible procedures (unlike credit agreements) Prompt payment after reporting (financial & technical) to the Bank Co-finance could be in-kind 5

6 COMCEC Project Funding Mechanism Application PROJECT OWNERS Feedback CCO Financing List of Successful Projects Operational and Financial Reporting DEVELOPMENT BANK OF TURKEY Program Reporting 6

7 Project Selection Criteria WG membership Regular and active participation to the relevant working group meetings Sectoral Themes MULTILATERALISM OUTPUT AREAS STRATEGIC OBJECTIVE PRINCIPLES Promoting Multilateralism (at least 3 Member States) Regulatory Framework Capacity Building and Training Programs Private Sector Involvement Community-Based Tourism (CBT) Programs Marketing Strategies Developing a sustainable and competitive tourism sector in the COMCEC region Enhancing Mobility Strengthening Solidarity Improving Governance 7

8 Project Proposals in Three-year Period 209 project proposals submitted by Member Countries and OIC Institutions during three-year period. 22 projects were implemented in 2014 and Tourism projects 10 project proposals are final-listed for 2016 and implementation of these projects will start as of April 1st, Tourism projects 8

9 Project Proposals in Three-year Period Project Title: Improving Statistical Capacities of Tourism Sector in COMCEC Mediterranean and Gulf Region Project Owner: SESRIC Project Purpose: The objective of the project was identification of the statistical capacities and needs in tourism statistics in Albania, Iraq, Jordan, Oman, Qatar, Saudi Arabia, Tunisia, Turkey, United Arab Emirates, and Yemen (selected COMCEC Countries in the Mediterranean and Gulf Regions) with an aim to improve Tourism Satellite Accounts and evidence-based policy making on tourism. Activities: Preparation, circulation, and evaluation of questionnaires in order to make a needs assessment in the regarding countries, Organization of several training programs, Organization of a workshop. 9

10 Project Proposals in Three-year Period Project Title: Cities of Common Cultural Heritage Project Owner: Ministry of Culture and Tourism of Azerbaijan Project Purpose: The objective of this project was to increase touristic arrivals to the regarding COMCEC region by exchange of good practices in the relevant sphere and by developing and promoting joint tourism products in 4 partner countries (Azerbaijan, Kazakhstan, Turkey and Uzbekistan). Activities: Assessment of potentially attractive culturalhistorical sites and common cultural heritage in the target countries for developing a joint tourism product (including expert s on-site visits),drafting of an interim assessment report, Organization of a three day workshop, Publication of the final report on a newly developed tourism product. 10

11 Project Proposals in Three-year Period Project Title: Strengthening Community Resilience through eco-tourism. Project Owner: Ministry of Tourism and Culture (The Gambia) Project Purpose: Building resilient communities in The Gambia, Senegal and Guinea Bissau through ecovillage practices Activities: Eco-village design (EDE) education (training of the trainers), Report on EDE practices 11

12 Online Project Management Information System Direct Access: project.comcec.org Please use COMCEC main page and click on Project Funding Button 12

13 Online Project Management Information System Please access the Online Project Submission system via using specified user names and passwords 13

14 THANK YOU pcm.comcec.org 14