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WSF follows UN PRI regulations
SERVICE PROJECT FUNDING
Customer profiles | Intake | Process | ESG standard |
WSF project funding sources are at the level of 80.000 billion US$, cooperating with finacial institutes like CDP, SWF, FIF, Green funds and local funds out of tax reservations.
To become the support of WSF for project finance and development, please read the basic requirements:
Customer profiles
1. The requesting organization must have a proven solid financial and organizational background;
2. Based on complete business or project investment plan following the international format;
3. Own free funds to cover in general at least 30% the investment plan (equity -/- intangible assets);
4. Proven technologies only (U.N. CDM or independent test reports, qualifying emission reduction);
5. If applying for U.N. CDM project recognition WSF offers cost based support (Loan Scheme and DOE).
Intake data set new customers
• Data of the contact person, function and mandate
• Website URL
• Actual year report of the company
• The business plan to be realized, stage of development
• Overview of the business network
• Financial position in relation to the business plan
• Other relevant documentation
Contracting process
0. First contact and informal consultations;
1. Official request by client for support offer - WSF standard L.O.I. signed by client, with a first presentation of the project;
2. Appreciation of client and project by WSF;
3. Acceptation of the client and project by the management of WSF - L.O.I. signed by WSF;
4. Deliberations about the needed support;
5. Master Agreement offer from WSF to client;
6. Signing of M.A. by client and WSF;
7.a. If needed adjustment of the quality of the Business/Project plan, calcula-tions, and investors summary. This is not WSF support, but can be done by ESSENCE SUM, the administration office of WSF;
7.b. Starting financing support - Formulating a concept M.O.U. for potential funders, delivery of finance and/or seeking investors;
8.a. Offering finance and/or screening potential funders after their "Proof Of Funds";
8.b. If needed offering the selected funders the Memorandum Of Understanding;
9. Meeting between parties on the business/project location, singing of the M.O.U.;
10. Developing the final Funding and Management/monitoring Contract;
11. Signing the F.M.C. - on location;
13. Delivery of funds, arranging the management, rolling out of investments.
UN PRI regulations
ESG standard
Environmental, Social, and corporate Governance (ESG)
Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4: We will promote acceptance and implementation of the Principles within the investment industry.
Principle 5: We will work together to enhance our effectiveness in implementing the Principles.
Principle 6: We will each report on our activities and progress towards implementing the Principles.