Disbursement projections

Figure 12 illustrates the actual (up to and including 2015) and expected distribution of committed payments for the first  years of the Program. Payments under the Technical Assistance Facility and to consultants represent a high share of total disbursements in the early years. However payments to project support are expected to take up the lion’s share of the disbursements going forward. Given the expected timing of the current portfolio, most COD payments are expected in 2017-2018. Due to result-based structure of disbursements during first five years of operation, the final payments from GET FiT cannot be expected before 2023.


Figure 12: Projected annual payments (premium payments and consultants) under GET FiT.
Projections are subject to uncertainty, mainly related to individual project progress.


Figure 13 shows the relative shares of the various cost components under the GET FiT Program. Roughly 10 percent of the overall funds are tied to management, implementation and the Technical Assistance Facility, while the rest is expected to be disbursed as premium payments.  




Figure 13 - Approximately 90 % of commitments to GET FiT are projected to be disbursed as premium payments