Global Practice

BIMP-EAGA-ROK Cooperation Fund (BKCF)

The Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Republic of Korea (ROK) Cooperation Fund (BKCF) was established in 2021 by the ROK. It aims to contribute to promoting inclusive and balanced growth in the Southeast Asia region and ASEAN Connectivity by strengthening the partnership between the BIMP-EAGA and the ROK.

It also aims to support the BIMP-EAGA’s Vision 2025 (BEV 2025) of a “Resilient, Inclusive, Sustainable and Economically competitive (R.I.S.E) BIMP-EAGA to narrow development gap,” which was adopted in 2017. Three strategic thrusts listed in the BEV 2025, namely Connectivity, Environment, and Tourism, were selected as the priorities of BKCF funded projects during the meeting between BIMP-EAGA and the ROK in July 2021.

The Fund will provide grants for individual member countries or subregional programs and projects to address strategic country needs and priorities of BIMP-EAGA.

The Global Green Growth Institute (GGGI) has been designated as a depositary of the BKCF and will manage the BKCF.

First Call for Proposals (Closed)

Deadline 28th February 2022 at 23:59 (KST)

Submit proposals to bkcf@gggi.org

 

 

 

For more information, please refer to:

BKCF Guideline

BKCF Project Templates and Appendix:

BKCF Project Proposal Template

BKCF Project Budget Template

Appendix 5.  Project Implmentation Plan 

 

Priority Sectors

Among the list of sectors from BIMP-EAGA’s Vision 2025 (BEV 2025), prioritization was given to the following sectors through consultations between BIMP-EAGA and the ROK:

All projects in all sectors that are identified in the cooperation between BIMP -EAGA and ROK must explicitly include targets and outcomes/outputs for gender and social inclusion where applicable and relevant. Projects that put forward a specific Covid-19 recovery approach will also be prioritized.

Eligibility of Proponent(s) for Project Application

Government agencies, public sector institutes, academic and research institutes, NGOs, private sector entities, or any other autonomous institutes from member countries of BIMP-EAGA and the ROK are eligible to submit funding requests.

Individuals are not eligible to apply for the fund.

GGGI can participate as a delivery partner to support the implementation of requested components of the approved project with an endorsement of the BIMP-EAGA country or countries where the proposed project will be implemented.

In order to be eligible for the grant, the proponent shall not:

  • be included in the Consolidated United Nations Security Council Sanctions List and/or Debarred by Multilateral Development Banks; and
  • have been declared ineligible by GGGI or ROK to participate in a call for proposal or included in an ineligibility list of GGGI or ROK.

GGGI Staff

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