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UNDP recruiting Private Sector Finance Consultant


Home-based, 29 January 2015

Background

The Bureau for Policy and Programme Support (BPPS) has the responsibility for developing all relevant policy and guidance to support the results of UNDP’s Strategic Plan.  BPPS’s staff provides technical advice to Country Offices; advocates for UNDP corporate messages, represents UNDP at multi-stakeholder for including public-private dialogues, government and civil society dialogues, South-South and triangular cooperation initiatives, and engages in UN inter-agency coordination in specific thematic areas. 

As the UN system's development program and a GEF Implementing Agency since 1991, UNDP also supports countries in addressing development, climate, and ecosystem sustainability in an integrated manner. UNDP-GEF offers countries highly specialized technical services for eligibility assessment, program/project formulation, due diligence, mobilization of required co-financing, project implementation oversight, results management and evaluation, performance-based payments and knowledge management.

With financing from  the Global Environment Facility (GEF) Least Developed Countries Fund (LDCF), Special Climate Change Fund and other donors, UNDP, together with UNEP and other partners is providing assistance to integrate climate change into national and sectoral planning and budgeting processes. UNDP, through its leadership in the NAP- global Support Programme (NAP-GSP)isassisting LDCs to identify technical, institutional and financial needs to integrate climate change adaptation into ongoing medium and long-term national planning. The partner agencies of the NAP-GSP are the FAO, GIZ, GWP, IFAD, PROVIA, WHO, UNFCCC, UNISDR and UNITAR.  The GSP is one of a number of initiatives in place to support Least Developed Countries (LDCs) to advance their NAP process.

Within this overall background, UNDP is seeking a consultant to support staff with providing assistance to countries on catalyzing private sector finance for adaptation. In the context of support rolled out to countries to advance their National adaptation Plans, the consultant will work with UNDP staff to assist countries to identify and put into practice barrier removal solutions to private sector investment in the context of climate change risk management in key sectors such as agriculture, manufacturing and energy. This tailored support will complement other NAP-GSPs activities that are focused on region-based technical training and awareness raising, and knowledge sharing and exchange in the context of strengthening capacities of client countries to mainstream climate change into planning and budgeting.

Objective

The consultant is expected to support the achievement of the following objectives:

  • Assist countries to strengthen their technical capacity to unlock barriers to private sector engagement including finance to support adaptation in the context of their national adaptation plan related efforts involving key sectors such as agriculture, manufacturing and energy;

  • Assist UNDP Staff with designing programmes and projects that can help countries unlock private sector engagement and finance for achieving adaptation at scale.

Scope of Work

The Private Sector Finance Expert will be responsible for:

  • Assisting at least 4-8 countries with one on one support to develop a preliminary climate risk and risk management profile with respect to key sectors;

  • Provide training in 4-8 countries on develop sector specific risk management measures, to identify policy and regulation risks that may not be conducive to incentivizing private investment, and to develop potential solutions to reduce policy and regulation risks;

  • Provide a more in-depth training programme (3-4 days) on how to identify, structure and make available financial products/services such as insurance and guarantees that address specific risks in key sectors;

  • Provide remote technical advisory support to countries on identifying opportunities in which grants can be used to compliment efforts to structure, underwrite, and/or re-insure insurance that addresses climate adaptation (e.g. catastrophe insurance, weather linked agricultural insurance, etc.), in partnership with insurance and re-insurance providers;

  • Support client countries with technical advice on ways in which grants can be used as guarantees that address specific project risks that, if left unaddressed, would deter private sector investors;

  • Assist countries to develop sector specific risk management measures that international funds could be used to leverage domestic public and private funds to address those sector specific risks;

  • Support public agencies in client countries to identify policy and regulation risks that may not be conducive to incentivizing private investment. Assist client countries to develop potential solutions to reduce policy and regulation risks;

  • Working with partner institutions to identify, structure and make available financial products/services such as insurance and guarantees that address specific risks in climate change mitigation projects and support climate change adaptation investments in developing countries;

  • Identify opportunities in which grants can be used to compliment efforts to structure, underwrite, and/or re-insure insurance that addresses climate adaptation (e.g. catastrophe insurance, weather linked agricultural insurance, etc.), in partnership with insurance and re-insurance providers;

  • Identify opportunities in which grants can be used as guarantees that address specific project risks that, if left unaddressed, would deter private sector investors (e.g., technology risk such as a risk that technology and equipment being used in a new geography is able to withstand local weather conditions or to be effective operated and maintained by local technicians and default risk that if the project developer fails to perform and repay loan);

  • Support client countries to work with insurance companies, development banks, and other intermediaries to structure and deliver risk management solutions such as insurance, guarantee solutions, and credit enhancement;

  • Partner and maintain relationships with investors, project sponsors, peers and other stakeholders to: (a) be aware of changes in the financial landscape that are relevant to climate change; and (b) structure appropriate solutions and conduct required due diligence on investments; and

  • Support countries to draft investment proposals to access international finance;

  • Review and comment on concepts/project documents provided by UNDP staff programming GEF family of funds for adaptation that focus on catalyzing private sector finance and engagement.

The tasks associated with this Terms of Reference are expected to be completed through a combination of (a) home-based preparatory work; (b) leading or participating in country level consultations (together with NAP-GSP partners) in selected countries and; (c) post-mission drafting of next steps, based on the outcomes of the in-country training) to guide the NAP process in visited country.

Expected outputs and deliverables

Pre-Mission Deliverables (Products/Services):

  • Plan for mission;

  • Liaise with country team on priority areas and capacity building needs to guide in country training material preparation.

  • Preparation of training material – both theoretical and with examples for review and clearance by UNDP staff;

  • Prepare templates to guide and plan for skills building;

  • At least 6 PPTs on topics relevant to identifying removing barriers private sector engagement and investment in the context of climate change risk management in key sectors such as agriculture, manufacturing and energy.

In country Deliverables (Products/Services):

  • Interview key government departments and identify gaps and needs for skills building in removing policy, technical, institutional, and incentives for promoting private sector involvement in adaptation;

  • Provide direct training to senior decision makers that address gaps identified in (1);

  • Provide a more in-depth training programme (3-4 days) on identifying and removing barriers to private sector engagement in adaptation.

Post- mission Deliverables (Products/Services):

  • Post mission assessment of areas of support needed given additional information gathered following the in country workshop and project site visits;

  • A draft skills building plan for 2 or 3 government departments on identifying and removing barriers to private sector engagement in adaptation;

  • Review and recommendations for 10 projects on removing barriers to private sector engagement;

  • Provide advisory services, and training to UNDP staff on developing projects that remove barriers for private sector engagement in adaptation;

  • Develop training materials for use in sensitizing client countries on removing barriers to private sector engagement in adaptation.

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