Project ID: 97256

The Chinese Embassy in Kiribati establishes AUD 2,050,000 Kiribati Sustainable Development Fund (SDF) in 2021 (linked to project ID#92651)

Commitment amount

$ 1541353.3834586465

Adjusted commitment amount

$ 1541353.38

Constant 2021 USD

Summary

Funding agency [Type]

Chinese Embassy [Government Agency]

Recipient

Kiribati

Sector

Other multisector (Code: 430)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2021-01-01

Description

In 2021, the Chinese Embassy in Kiribati established the Kiribati Sustainable Development Fund (SDF) with AUD 2,050,000. Kiribati enterprises could submit their projects to the fund from late January to March 31st. The fund was for small grant amounts, solely for the project itself and not including follow-up costs. It focused on sustainable development, income generation, and livelihood improvement. If the application is approved, a MOU may be signed between the applicant, the Embassy, and related parties. The Embassy will provide funding in a cheque to approved projects of a registered organization in one-off payments or by installments. This project was part of a larger June 2021 livelihood grants project (see project ID#92651). It is referred to as "small grant". The SDF was also carried out in 2020 (see project ID#97310), 2022 (see project ID #90055), and 2023 (#97257).

Number of official sources

3

Number of total sources

5

Download the dataset

Details

Cofinanced

No