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WORKING GROUP 4: FUNDING PROGRESS UPDATE

WORKING GROUP 4: FUNDING PROGRESS UPDATE. Working Group 4 – Funding: Target and Objectives. 2. Working Group 4 – Funding: Our Progress to Date. We considered full cost-recovery on projects:

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WORKING GROUP 4: FUNDING PROGRESS UPDATE

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  1. WORKING GROUP 4: FUNDINGPROGRESS UPDATE

  2. Working Group 4 – Funding: Target and Objectives 2

  3. Working Group 4 – Funding: Our Progress to Date We considered full cost-recovery on projects: We concluded that full cost recovery is crucial to approximate restricted funding to unrestricted funding (note that restricted funding carries the added benefit of a long-term commitment, and of ‘donor ownership’) There is / was some confusion that full cost recovery just means that overheads are paid. In fact, many direct costs such as experimental stations, genebanks, glasshouses, Office of Dir. for Research are not regularly included in budgets The Set of Principles for Funding was compiled in Ottawa, including ideas on how the principles will be implemented Ideas on ‘Stabilization of Funding’ have been collected We discussed whether and if so, how the PMS data should be used to allocate funding to centers

  4. Working Group 4 – Funding: Project Plan for 2008 Complete a benchmark study on the funding situation of similar organizations Complete the in-depth analysis of CGAIR financial data Compile options for funding mechanisms, (e.g. International Fund for Agricultural Research and others) Create a proposal for ‘Stabilization of Funding’ Interact with the ExCo ad hoc Committee on Finance to develop the ToRs for a Funding Committee

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