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National Consultant - SDG Investor Map
|Location :||Freetown, SIERRA LEONE|
|Application Deadline :||10-Aug-22 (Midnight New York, USA)|
|Additional Category :||Sustainable Development and Poverty Reduction|
|Type of Contract :||Individual Contract|
|Post Level :||National Consultant|
|Languages Required :||English|
|Starting Date :|
(date when the selected candidate is expected to start)
|Duration of Initial Contract :||7 Weeks|
|Expected Duration of Assignment :||The expected duration of work is up to 7 weeks spanning in 7 monthss|
UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
At a time of unprecedented global challenges, sustainable finance is a driving force for social and economic resilience. Public and private finance are essential for recovery from the COVID-19 pandemic, and from the wide-ranging effects on the achievements of the SDGs. Rallying private sector participation and strengthening private and public sector networks for achieving sustainable and inclusive economic growth take on new urgency. National resource mobilization and increased commitments from private investors and enterprises will be needed for recovery, while maintaining progress towards the achievement of the Sustainable Development Goals (SDGs) by 2030. In order to achieve transformational changes in health, climate, energy, environment, finance, education, agriculture, gender equality, and the eradication of poverty in all its forms, greater private sector engagement and investments are critically needed.
In this context and in response to this need, the United Nations Development Program (UNDP) developed the SDG Impact as a Sustainable Finance Hub (SFH) flagship initiative to empower investors with clarity, insights and tools to achieve the SDGs. SDG Impact aims to provide investors, businesses and others with unified standards, tools, and services required to authenticate their contributions to advance the SDGs and to identify SDG investment opportunities in emerging economies and developing countries. In this context, the SDG Impact introduced an impact intelligence tool - the SDG Investor Maps – to be produced by UNDP Country Offices as a dynamic tool containing a range of market-specific investment opportunities for SDG-aligned capital deployment.
Government of Sierra Leone in collaboration with UNDP is implementing a joint programme on recommendations of the Sierra Leone Integrated Financial Framework Report, to promote integrated planning and financing for sustainable development, to accelerate attainment of the SDGs and middle level income status by 2035. Through this Programme, the Government of Sierra Leone is expected to establish a functional and sustainable integrated planning and Public Financial Management ecosystem that contributes to accelerated achievement of the SDGs targets and the National development priorities as defined in the MTNDP. Specifically, the joint Programme supports the Government of Sierra Leone to achieve a private sector-led economic growth and employment creation, by facilitating creation of conducive policy environment, strengthening PFM processes, providing platforms for dialogue and generating evidence for private –public collaboration. The specific objectives of the joint program are: (i) development of integrated financial and planning systems for implementation of development agenda; (ii) strengthening public financial management processes to ensure budget effectiveness and efficiency; and (iii) promoting private-public partnerships and collaborations in the context of the national development Plan and SDGs.
At present the Government of Sierra Leone is piloting the Integrated National Financing Framework (INFF) and developing internal capacities to ensure SDG-aligned integrated planning and financial management processes and policies. The INFF is a holistic and integrated approach to development financing, provided by the Addis Ababa Action Agenda on financing for development to help countries strengthen planning processes and overcome existing impediments to financing sustainable development and SDGs at the country level. The INFF provides a layout of a full range of financing sources – domestic and international sources of both public and private finance – and allows countries to implement strategies to increase investment, manage risks and achieve sustainable development priorities, as identified in a country’s national sustainable development strategy.
The present SDG Investor Map initiative will contribute to the expansion of the current INFF initiative by providing comprehensive market intelligence across priority sectors where development needs and policy priorities overlap and private capital can make a difference to people and planet. This will help determine the investment themes that could benefit from private sector investment flows to generate development outcomes. The SDG Investor Map will strengthen the Assessment and Diagnostics Pillar of the INFF by providing new insights into the financial landscape and information on business opportunities to attract and maintain private investors towards the emerging priorities from the global “cost of living crisis” (agriculture and agribusiness, energy and finance) through Public-Private partnerships. This follows the Joint SDG Fund’s spirit, as it will make it possible to identify business models and deploy innovative financing instruments to increase the flow of resources available and advance SDG and national development priorities.
The INFF was informed in 2019 by Development Finance Assessment commissioned by UNDP for the government of Sierra Leone. The DFA was an inception tool for the INFF process which provides a broader picture of the development finance landscape and identifies related shortcomings and opportunities to inform enhancement of development finance and strategies for delivery of long-term development results in the country. In that regard, the DFA Sierra Leone has assessed the government’s existing financing strategies, policies and institutional structures and identified specific roles and responsibilities of key stakeholders for implementation of the DFA recommendations (INFF road map). The DFA has identified challenges in Mobilisation and management of public financial sources which include over-reliance in traditional and unstainable sources of development finance such as limited private sector participation, resulting from lack of incentives to encourage private investment and financing flows towards national development priorities and the SDGs. These challenges to development financing have resulted in a financing gap, which the MTNDP financing strategy estimates a shortfall of $1.55billion throughout the MTNDP implementation period. The situation has been worsened by the COVID-19 pandemic and the increase in oil prices and the government needs to implement deliberate strategies to ensure mobilization of alternative sources of development finance, specifically private capital. The entire process aims to facilitate private investments in the key sectors for economic growth and sustainable job creation and match those with related public investments to improve productivity in the productive sectors.
The overall exercise will be a collaborative work between Government, led by the Ministry of Planning and Economic Development (MoPED), UNDP, private sector networks and partners. The process is intended to identify investment opportunities and determine the conditions for promoting private investments for mobilizing development financing.
Applicants are requested to apply online at http://jobs.undp.org by 2nd August 2022. The application document can be accessed on https://procurement-notices.undp.org. Candidates are invited to submit applications together with their CV for these positions. UNDP applies a fair and transparent selection process that will consider the competencies/skills of the applicants as well as their financial proposals. Qualified women and members of social minorities are encouraged to apply. Interested applicants should send an email to: Vendors.firstname.lastname@example.org for any inquiries
Duties and Responsibilities
Client Orientation and Communication
Required Skills and Experience
Master’s degree in the field of Statistics, Finance, Economics, Business studies or other relevant fields (PhD will be added advantage)