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{
    "id": 519733,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/519733/?format=api",
    "text_counter": 572,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Abdalla",
    "speaker_title": "",
    "speaker": {
        "id": 382,
        "legal_name": "Amina Ali Abdalla",
        "slug": "amina-abdalla"
    },
    "content": "(b) monies received by the Fund in the form of donations, endowments, grants and gifts; and (c) monies under an act payable to the fund. (4) The Fund shall be administered by the Council and managed by the Principal Secretary for the time being responsible for Climate Change Affairs. (5) In administering the Fund, the Council shall─ (a) determine the composition of the Fund; (b) set strategic directions for applications of the fund; (c) define eligibility criteria for the fund to finance climate change actions and enhance achievement of low carbon climate resilient development; (d) set out procedures for disbursement, recovery and repayment of loans, including interest; (e) set out procedures to ensure gender and intergenerational equity in access to monies from the Fund; (f) set out procedures, criteria and eligibility for funding research institutions, private, public, civil society research, development and investment ventures that enhance low carbon climate resilient development; and (g) set out other procedures and requirements for effective and transparent administration of the Fund, including tracking and accounting for climate finance and monitoring and evaluation procedures through regulations which shall be subjected to public participation and approved by the National Assembly. (6) The Council shall approve requests for funding and make funding allocation decisions. (7) The Principal Secretary in managing the Fund shall— (a) provide mechanisms for daily operations of the Fund; (b) process financing applications from eligible applicants for approval by the Council; (c) ensure quality assurance in execution of the mandate of the Fund; (d) undertake resource mobilisation for various sources; (e) provide technical assistance to the private sector, civil society and public entities. (8) The fund shall be applied to— (a) provide grants for climate change research and innovation, in the following fields— (i) industrial research; (ii) technological research; (iii) policy formulation; (iv) scientific research; and (v) academic research. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}