FY 2023 Enhancing Domestic Capacity and Coordination to Advance Internationally Accepted Investment Standards
Closed Posted
- Opportunity number
- CPIF-MON-FY23-01
- Agency
-
US Embassy Monrovia
US Consulates and Embassies, Department of State
- Applications due
- Award size
- $250,000 to $750,000
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Category
-
- Business and Commerce
- Eligible applicants
-
- Other
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Department of State, through the U.S. Embassy Monrovia in Liberia, is soliciting grant proposals for the FY 2023 Enhancing Domestic Capacity and Coordination to Advance Internationally Accepted Investment Standards program. The project aims to build Liberia's internal capacity to ensure investments and projects adhere to internationally accepted standards. Key objectives include enabling Liberian stakeholders to work with foreign investors to ensure compliance, building Liberia's capacity to negotiate for accepted investment standards, and empowering the media and civil society to expose projects that do not meet standards. Eligible applicants include U.S. and Liberian non-profit organizations, educational institutions, and for-profit entities. The application deadline is August 5, 2024.
Up to $2 million in FY22/23 Economic Support Funds is available, with individual awards ranging from $250,000 to $750,000. The program will be 1-4.5 years in duration, with an anticipated start date of September 15, 2024. The project will primarily target Liberia, focused on countering lending and investment projects that fail to adhere to internationally accepted investment practices.
Synopsis
It is well documented that many investments in Africa, including in Liberia, fail to meet internationally accepted standards. This trend continues in part because of host countries lack of awareness, capacity, and governance. This project aims to address these weaknesses by bringing together government, civil society, journalists, academics, and other key stakeholders to build Liberia's internal capacity to ensure further investments and projects have improved standards and mechanisms in place to monitor and penalize non-compliance. The project will include components that offer stakeholders: investment best global practices; case studies involving how to advance transparency in negotiating large investment deals in Africa; training/advising government officials on developing legal and regulatory investment frameworks; mentoring on public awareness campaigns around investment standards; and seminars in investigating investment-related challenges and successes in the African context.
Projects should target: Countering lending and investment projects that fail to adhere to internationally accepted investment practices and as a result put at risk Liberia's sovereignty, socio-economic well-being, and biodiversity.
Files
| File | Type | Posted |
|---|---|---|
| NOFO for CPIF 2024 Final.docx | DOCX document |
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