- Funding mechanism
- Acceptance criteria
- Administrative process
- Funding costs
- Other options
1 January 2013 - applications and documents are again being accepted in either US Dollars (USD) or Euros (EUR). Note however that for a USD application all amounts in all documents must be in US Dollars and similarly for EUR applications all amounts consistently in Euros.
MPCEE is a leading international authority on proactive environmental management, with dedicated core activities that include training, technology, contingency planning and particularly renewable energy. Having always been passionate about the protection of the environment, today there is even more to be done, but increasingly with no available funds for those important infrastructure and humanitarian projects.
With the onset of the recent global economic problems, both the public and private sectors are finding it increasingly difficult to obtain the necessary investment to fund their multi-sectorial projects. It becomes very sad when not only are the developing and emerging nations finding it hard to source funding, but also the developed countries are unable to assist them; as seen in the failure of the 2009 Copenhagen Summit. Martin Parr supports the Prince of Wales's Corporate Leaders Group on Climate Change (CLG) and continues to support international efforts to reduce the effects of climate change. He has signed the 2°C Challenge Communiqué and more recently the 2012 Carbon Price Communiqué.
In his typical entrepreneurial style, Martin Parr, the founder of MPCEE, has personally sought innovative funding mechanisms with uncomplicated protocols. A global platform has now been created through the colaboration of (i) a major international resources organisation and (ii) a high profile international bank. Together, the platform is able to offer unlimited humanitarian infrastructure funding; funding that is neither in the form of a soft loan nor a grant.
The mechanism allows for the raising of important funds, useable only against viable accepted projects. Proposed projects should be of a humanitarian type; creating employment, creating industry and assisting in the building up of a strong economy. Example projects include Infrastructure, Housing, Schools, Hospitals, Manufacturing, Agriculture, Water and Waste Water, Transportation, Energy including Renewable and Alternative Energy and, of course, the Environment.
- Are you a government?
- Are you in the private sector?
- Do you have projects requiring funding?
USD/EUR 200 million and above - To be eligible for this special type of funding, your project/s must meet the above criteria and must have a funding requirement of at least 200 million US Dollars/Euros. Projects may be aggregated to reach this minimum threshold, but no one project may be less than 20 million US Dollars/Euros.
Capital contribution / refundable deposit - The regulated funds provided by this type of funding are non-recourse (i.e. neither loans nor grants) and are strictly accountable by spot audit. However, please note that it is mandatory for the applicant to provide, when requested, a proof of funds from their bankers for at least 1 million US Dollars/Euros to cover this deposit.
N.B. It is also advisable to have available an additional amount of USD/EUR 250,000 to cover potential trading bank fees, as many traders now use the MT760 in preference to screen blocking. For this reason, from 1 January 2013, it is mandatory for the applicant to provide a proof of funds from their bankers for a total of at least 1.25 million US Dollars/Euros to cover both this charge and the refundable deposit.
If you are confident that your project/s and situation meet the above requirements, then please click HERE to register for access to more information.