Participation
in the Board, with the right to vote, will be
established when the interested party, through
the signing of an agreement, accepts the obligation
of providing an economic contribution to the institutional
equity of the Fund. This contribution is estimated
as a percentage of the income obtained by the
users of water, equivalent to 1% of the values
generated in the varying degrees of consumption
of the resource.
Likewise, those entities and persons that do not
require water in their management activities,
productive or service processes, as well as those
that in using water, do not transform or affect
its quality, can make a voluntary contribution.
Another alternative to join the Fund is by becoming
a guest member and as such, these persons or institutions
may agree to co-finance projects of interest for
the Fund.
In all these cases, potable water consumption
in the city of Quito is not taken into consideration,
inasmuch as EMAAP-Q is an important contributor.
Project Funding
All activities being funded by FONAG must have
a co-financing component in different proportions,
according to the interest of their execution.
Projects must:
- Contribute clearly and directly to the protection
of water sources.
- Be compatible with management plans for protected
areas.
- Encourage active participation of local communities.
- Obtain the permits required by Law.
- Comply with FONAG regulations and investment
priorities; and,
- Be implemented by legally constituted and
capable entities.
Institutional Development
The institutional strengthening of FONAG is
another of the tasks of the Technical Secretariat
and of the institutions that comprise the Fund.
For this purpose, the participation of institutions
that introduce priority project initiatives
for the protection of water resources is required.
The support of experts with experience in natural
resource management, conservation of water sources
and basins, planning of water resources, forestation
and similar activities is also needed, to consolidate
a pool of professional advisors, program designers,
supervisors and executors of plans and projects
related to our activities.
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