Transition Requirements for Creation Phase
Ensure readiness for the Creation Phase with a clear narrative of water security challenges, a strategic plan endorsed by leadership, and sufficient financial commitments. Design checklist covers governance, finance, communications, and more. High-level action plan outlines steps for establishing foundation, strategic planning, and preparing for creation phase.
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Are we ready to move to the Creation Phase? Design Phase Checklist www.fondosdeagua.org w a t e r f u n d s t o o l b o x . o r g
TRANSITION REQUIREMENTS What conditions must be satisfied to move forward to the Creation Phase? Complete? Transition Requirement Complete Clear and concise narrative of the region s water security challenges and what contributions the Fund plans to make in helping address these concerns. Complete A Strategic Plan that is endorsed/supported by the Water Fund s leadership. Complete Resources and/or sufficient financial commitments to create the Water Fund and operate it for up to 2 years. waterfundstoolbox.org
DESIGN PHASE: CHECKLIST Governance Science Finance Implementation Communications Water Fund Board or Steering Committee formalized in agreement document Vision and mission statements complete Resource needs identified / financial planning completed Risks identified and mitigation strategies developed Situation Analysis updated Interventions formulated, optimized, and aligned with Theory of Change Communications and Stakeholder Engagement Strategy completed Fundraising strategy completed Roadmap completed Stakeholder map updated Potential long-term financial mechanism explored or study initiated Any necessary pilot projects started or completed Creation of legal mechanism started Strategic Plan document completed Results chains completed Relevant science-based design studies completed, as per Strategic Plan Monitoring and Evaluation Plan completed Critical stakeholders engaged in strategic planning process Business case completed Learn more about each area: waterfundstoolbox.org/project-cycle/design Waterfundstoolbox.org
Name: ____________________ WATER FUNDS DESIGN PHASE HIGH-LEVEL ACTION PLAN Date: _____________________ TIMELINE ACTIONS COMPLETED ACTION ESTABLISH FOUNDATION Formalize WF Board/Advisors & Adopt/Develop WF Charter 2.01.01 Start Creation of WF as a Legal Entity 2.01.02 Update Situation Analysis 2.02 Keep critical and priority stakeholders engaged on the WF Design and future support needs 2.03 STRATEGIC PLANNING Conduct Strategic Planning: preparation, analysis, review and refine 2.04.01 Commission/Execute necessary Design Studies 2.04.02 2.04.03 Finalize and approve Strategic Plan PREPARE FOR CREATION Secure resource commitments for Creation and Operation Phases 2.05 2.06 Transition: Go/No-Go Decision
