Programme Cooperation Agreement 2012 – 2013

11.3.2 Project expenditures 2014 Table 6 below shows fundraising budgets for 2014 pro- jects larger than MNOK 1 and how they are funded. Vari- ous programmes are divided into individual projects for planning and reporting purposes.

Table 6: Largest projects in 2014 budget (NOK)

Table 7 below shows that GRID-Arendal has significantly reduced the administration costs since 2009 and are planning to reduce them even further for 2014 in order to be competitive in the challenging “international envi-

ronmental marketplace”. If the latest signals of a more optimistic funding situation at the end of January 2014 compared to October 2013 are correct, some of the more “short sighted” cost reductions may not be needed.

Table 7: Administration costs 2009-2014 (NOK)

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