Deadline: 15 February 2016
The British Embassy Santiago has announced a Prosperity Fund to promote the economic reform and development needed for growth in partner countries. The core aims of the new Prosperity Fund are to support sustainable economic growth leading to a reduction in poverty in recipient countries.
The priorities will include improving the business climate, competitiveness and operation of markets, energy and financial sector reform, and increasing the ability of partner countries to tackle corruption. As well as contributing to a reduction in poverty in recipient countries, we expect these reforms to create opportunities for international business including UK companies.
Priorities Areas
- Mining: Focus on delivering policy/legislative guidance and innovation in the following areas:
- Energy efficiency and water management
- Environmental governance and community relations
- Waste management (tailings) and related practices
- Chile’s inclusion in the Extractive Industry Transparency Initiative (EITI)
- Vocational training in mining and certifications
- Mine remediation & closures
- Climate change and low carbon transition:
- Raising awareness and proactivity on the part of business and civil society on climate change issues post COP21
- Support for the promotion of low carbon energy technologies (especially solar and marine) and related support, management and infrastructure
- Support for the creation of policy, regulatory and legislative frameworks conducive to transition to a low carbon economy
- Investigation and resolution of operational obstacles to renewable energy projects (community stakeholders, environmental permits/ regulations, project financing, etc.)
- Smart cities/Infrastructure:
- Support for the implementation of Public Private Partnerships (PPP) projects with focus on public services and infrastructure, especially health and transport
- Support for the design of Smart City strategies and innovative Smart City solutions
- Promotion of sustainable infrastructure and transport
- Support for the creation or improvement of policy, regulatory and legislative frameworks (e.g. green transport zones, governance of ports, sustainable construction)
- Support for Chile’s inclusion in the Construction Sector Transparency Initiative (CoST).
- Financial Services:
- Support for the development of policy and regulatory reform for the Pacific Alliance Integrated Market (MILA).
- Support for the promotion of emerging opportunities offered by MILA to the UK financial services sector.
- Support for the resolution of investment barriers in Chile
- Support for the provision of Chilean cross border financial and professional services in the Pacific Alliance
- Regulation & Competition: These are cross cutting themes for Chile’s Prosperity Fund and bids should take this into account.
- Support to reduce the complexity of regulatory procedures and strengthen the regulatory policymaking framework
- Support to strengthen the competition policy framework
- Support to strengthen pro-competitive regulation in services sectors
Funding
Typical projects range in value from £50,000 to £100,000.
Eligibility Criteria
The Prosperity Fund accepts project proposals from civil society, governments, think-tanks, commercial organizations and other UK government departments.
How to Apply
Applicants must download the Concept bid form via given website.
For more information, Please visit 2016 Chile Fund.
