Private Sector Engagement Consultant

The Government of the Commonwealth of Dominica has indicated its desire for Dominica to become the first climate resilient country in the world. To achieve this, a range of programmes and projects will be implemented, funded from a variety of local, regional and international sources. One such source is the Green Climate Fund (GCF), access to which could unlock highly concessional finance to help catalyze the climate resilient transition. However, the current Focal Point for the GCF in the Ministry of Planning and Economic Development faces severe capacity constraints. Procedures for the efficient functioning of the National Designated Authority (NDA) are not fully established and the framework for comprehensive, national stakeholder engagement on GCF matters does not exist. Although significant progress was made on designing a robust national Low-Carbon Climate-Resilient Development Strategy (LCCRDS) i.e. Nationally-Determined Contribution (NDC) and preliminary project ideas, some of these still need to be translated into bankable project and programme concepts and proposals.

The Government of Dominica has obtained funding from the Green Climate Fund (GCF) to strengthen the capacity of its NDA. Through the UNDP in its capacity as an Accredited Entity to the GCF, a readiness grant was secured to assist in building the capacity of the NDA and relevant government ministries, establishing an effective coordination mechanism by strengthening the existing high-level National Climate Change Committee (NCCC) and engaging all stakeholders, including government the private sector, civil society and academia in consultations, with effective mainstreaming of gender considerations and inclusion of marginalized groups in climate change decision-making.

Under the Readiness Programme, the main outcomes to be achieved are as follows:

  • To build the capacity of the NDA to perform its roles and responsibilities for GCF related-matters
  • Identify projects and work with proposed Accredited Entities on climate finance project concept notes for both the public and private sector consistent with the Fund’s Investment Framework, and other partners
  • Obtain direct access accreditation for a national entity to facilitate direct access to GCF funds
  • To review and revise the Low Carbon Climate Resilient Development Strategy (LCCDRS)
  • To develop an action plan for the implementation of the LCCRDS
  • Development of a strategic framework for GCF engagement across Government, the private sector, NGOs/CBOs

The private sector is a key stakeholder partner whose participation is essential to achieving the aforementioned outcomes of the program. This consultant position therefore is further to ensuring their effective participation in the aforementioned. The details of position are indicated below:

Project GCF Readiness and Preparatory Support in Dominica
Location Dominica
Type of contract International Consultantfor Private Sector Engagement
Language Required English
Expected start date September, 2018
Duration of Initial Contract 20 Working Days between September1- December 30, 2018

Objective

The International Consultant will report to UNDP, working under the day-to-day guidance of the NDA and the National Project Coordinator (NPC), to undertake the necessary consultations with the commercial private sector to build capacity determine needs and formulate comprehensive plans for future engagement with the GCF. Specifically, the International Consultant will achieve the following:

  • Assess the local private and financial sector’s current investment portfolio (including climate risks on investments and any investments on climate resilience/ carbon mitigation), including barriers and potential opportunities to scale up climate resilient investments
  • Support the development of an action plan to facilitate private investments in climate resilience, with specific emphasis on the GCF
  • Support climate finance capacity building for the private and financial sectors

Scope Of Work

The scope of the contract will involve stakeholder consultation of the private sector, assessment of barriers and opportunities for climate finance, the design and development of assessment tools, information materials and training to enhance the capacity of the private sector to effectively access climate finance. The International Consultant will work under the supervision of the NPC, with guidance from the NDA, to deliver the following:

  • Assessment of local Financial and Private Sectorsinvestments in Dominica. This assessment should include the following:
    • A mapping exercise of the sector’s existing climate change portfolio in Dominica and how this aligns with national priorities (Low-Carbon Climate-Resilient Development Strategy, NDC, GCF Country Programme Brief, National Development Strategy, etc.)
    • Identification of the major barriers facing the local private sector in accessing climate finance or investing in resilience/ carbon mitigation, both domestic and external
    • Identification of opportunities for climate-smart investments and blended finance investments (with focus on GCF)
  • Based on this assessment develop:
    • An investment framework and screening tool for the private sector to engage in GCF projects, in line with the Dominica GCF Country Programme Brief
    • Under the guidance of the NDA and the NPC, develop information materials and planning tools on GCF and climate finance to be disseminated to the private sector
    • Under the guidance of the NDA and the NPC, design and conduct training for private sector and financial institutions on climate risks posed on investments and strategies to engage with the GCF
  • Using the framework developed at (ii), under the direction of the NDA and the NPC and in collaboration with relevant private sector stakeholders, develop at least one project concept note for the private sector

Deliverables

The contract price is a fixed output-based price regardless of extension of the herein specific duration. The Financial Proposal will include all fees and costs associated with the execution of the contract, including professional fees, travel, equipment and all other expenses that will be incurred during the execution of the work. Should unforeseeable travel to the country be required which exceeds the two anticipated country missions outlined in "Location of Work", UNDP will reimburse all related travel costs. Reimbursement will be calculated at the rate for travel and associated expenses established and agreed to within the final contract. It should be noted that justification must be provided by the proponent and prior written approval obtained from the UNDP before unforeseeable travel is undertaken.

UNDP will cover the expenses for the venue and catering for related in-country workshops. As such these costs should not be included in the submitted financial proposals.

Payment for the deliverables will be remitted subject to the approval of final submissions by UNDP and the Government and based on the International Consultant’s Financial Proposal.

Deliverable Deadline Percentage of Contract Value
Inception Report 2 weeks after contract signature 10%
Private Sector Study 1 month after contract signature 15%
Investment Framework and Screening Tool 2 months after contract signature 25%
Training/Informational Material & Training Reports 3 months after contract signature 20%
GCF project concepts 4 months after contract signature 15%

Qualifications And Experience

The International Consultant shall have a strong background in international finance with an emphasis on climate change investment in the context of the private sector and demonstrated competencies in stakeholder consultation and training. The International Consultant shall also have experience working with multi-lateral agencies and donors, in particular the GCF. Experience working within the Caribbeangenerally, and Dominica in particular will be a distinct asset.

Specifically, the International Consultant will possess:

  • Academic:
    • An Advanced degree in finance, business, economics, environmental management or closely related field
  • Experience:
    • 5 years of progressively responsible professional experience in the areas of climate change finance, investment analysis, public-private partnerships
    • Demonstrated experience working with national governments and the private sector
    • Knowledge and demonstrated experience working with the GCF would be a distinct asset
  • Additional competencies:
    • Leadership and coordination
    • Timely delivery of high quality analytical work
    • Strong problem-solving skills
    • Proven stakeholder engagement experience

Duration Of Work

Work under this assignment is anticipated to be undertaken within 45 days spread over a period of four months.

Location Of Work

The International Consultant will operate from their home base, and undertake at least two (2) missions to Dominica necessary.

Institutional Arrangements

The International Consultant will report directly to UNDP, but will work under the guidance of the NPC. At the end of each contracted delivery period, the Individual Consultant shall submit relevant project outputs to the Programme Manager, UNDP at which time each will be assessed against the Terms of Reference for validity and completeness. Once approved by the UNDP, all outputs become the property of Dominica to utilize and disseminate as deemed necessary.

Reporting Requirements

All deliverables should be submitted with Microsoft Word format and a PDF format for web publishing. If relevant, copies of high resolution maps and graphics should also be submitted to the Programme Manager, UNDP.

Expressions of Interest must be delivered in a written form to the address below (in person, or by mail, or by e-mail) by August 15, 2018.

National Project Coordinator
Ministry of Planning and Economic Development
5th Floor, Financial Centre
Roseau
Commonwealth of Dominica
Tel: (767) 266 4289
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Posted: 23/07/2018