37 / 88
37
played in Figure 3 and Table 1 below. Beyond the MoFA
funding of MNOK 42.2 and the core funding of MNOK 9.0
from the Ministry of Environment (MoE), GRID-Arendal
raised a total of MNOK 11.2 from UNEP and MNOK 24.1
from other external sources over the period, representing
41% of total funding.
Environmental Assessments and Information and Polar
and Cryosphere collectively raised a significant propor-
tion of leveraged (external) funding (UNEP and external
sources for these two areas totalled 54% of total fund-
ing). The corresponding ratio for the Marine Programme
is lower due to the stipulation that funding allocated to
the UNEP Shelf Programme may not be leveraged. Nev-
ertheless, external funding for the Marine Programme
increased by 65% between 2010 and 2011 (i.e. from
MNOK 3.1 to MNOK 5.1).
As Figure 3 shows, the external contribution decreased
from MNOK 12.4 in 2010 to MNOK 11.7 in 2011. UNEP
funding decreased by 28% from MNOK 6.5 in 2010 to
MNOK 4.7 in 2011, resulting in an overall decrease of
13% in external funding (or MNOK 2.5). However, the
slight decrease needs to be understood in the context
of the modified accounting principle described above
(e.g. MNOK 1.8 in UNEP funding contracted in 2011 is
recorded for 2012).
10.1
Programme funding
2010-2011
84
The accounting principles applied by GRID-Arendal have
been modified. Henceforth, funding related to projects
contracted (committed) in one year, but scheduled for
implementation in the following year, will now be re-
ported in the year of implementation. This is motivated
by the need to invoice and record for the same year, and
highlights the reality that many contracted projects re-
quire more time than originally anticipated to commence
implementation. Thus, MNOK 1.8 in UNEP funding se-
cured in 2011 for projects scheduled for implementation
in 2012, will be recorded in 2012. Corresponding funding
from external sources is calculated to MNOK 10.0. The
total funding profile is therefore significantly improved by
the end of 2011 compared to 2010. Projected funding for
the 2012 programme of work is robust.
The distributions of GRID-Arendal’s funding sources by
programme area during the period of 2010-2011 are dis-
10 Financial report
84. For 2010-2011 the financial situation is reported for three programmes:
Marine, Polar and Cryosphere, and Environmental Assessments and In-
formation. Allocations and expenditures for Communications and Out-
reach are included under Environmental Assessments and Information.
Figure 3: Actual 2010-11 funding by funding source (KNOK)