Tool

Assessing Project Bankability

In order for your project to be considered for funding by external institutions (that is, for it to be “bankable”), it will usually have to meet a certain set of criteria, related to how it has been structured (e.g. the institutions that are behind it), and to its impact (e.g. how exactly it will trigger social, economic and/or environmental benefits). More and more such criteria have converged amongst the different financing institutions, and encompass a series of elements associated with Resilient Recovery.

If you have gone through City WORKS tools such as “Impact Check”, and “Feasibility Check”, it is likely you will have already fulfilled most of these criteria.

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Goal

Preliminary assess if the proposed project(s) meet minimum requirements in terms of bankability.

Tasks

Step 1: Collectively define what projects, either identified in previous phases of City WORKS or from a different prioritization process, will go through the assessment*.

Step 2: Depending on number of selected projects, discuss different projects in groups following the criteria listed in the provided “Bankability Assessment” table.

Step 3: Analyse what are the main gaps yet to be filled and how such gaps can be covered. Please note that City WORKS tools such as “Impact Check” and “Feasibility Check” might be helpful on that regard.

Note

*There is no recommended minimum or maximum number of projects to be assessed, but it is suggested that only projects that are likely to be funded (either their feasibility studies or actual implementation) in the near future are evaluated.

Timeframe

1 hour (per project)

Output

Preliminary bankability assessment that can be used when sending project proposal for external funding