65
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)