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Individual Consultant - Sustainable Finance Analyst
|Location :||New Delhi, INDIA|
|Application Deadline :||02-Mar-21 (Midnight New York, USA)|
|Type of Contract :||Individual Contract|
|Post Level :||National Consultant|
|Languages Required :||English|
|Duration of Initial Contract :||7 months (up to 100 working days)|
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.
India has demonstrated its commitment to greening the economy through ratification of the Paris Agreement on Climate Change, the adoption of the UN Sustainable Development Goals and launching the International Solar Alliance. To deliver on these commitments requires a robust sustainable financing system that mobilizes domestic and international private financing as a complement to public-sector resources. In order to address the funding gap and to make the financial sector resilient to extra-financial risks as well as to explore opportunities in the sustainability space, India needs to make concerted efforts to signal its seriousness towards taking a leadership position on sustainable finance through its policies and actions. Such efforts will also pave the way for attracting finance from international financial institutions who are increasingly attaching “green” conditions to loans and investments as well as reorienting capital towards low-carbon sectors as part of their recovery plans.
The recently launched Sustainable Finance Collaborative, supported by the SDG Finance Facility platform at UNDP India is an effort to bring together leading stakeholders in the financial eco-system with a view to ideate, collaborate and contribute to the Government’s sustainable finance agenda. As a next step, UNDP country office is looking to engage the services of a Specialist Consultant who would work under the ambit of the Collaborative and support the Government of India with the development of a Sustainable Finance Roadmap. This roadmap will serve as a blueprint to follow and will bring together recommended pathways and frameworks with a view to enabling the transition to a more resilient and sustainable economy.
Duties and Responsibilities
The primary responsibility of the Analyst is to support the development of the Sustainable Finance Roadmap.
While the analyst will be formally working under the supervision of the Advisor, Social Impact Investments, South Asia at UNDP, he/ she will also be working under the guidance of the senior consultant that will be on-boarded for the development of the roadmap. Specifically, the Sustainable Finance Analyst will be responsible for providing research and drafting support that enable the achievement of the following activities:
Taking stock of the background of Sustainable Finance in India and the Collaborative
Drafting of a Sustainable Finance definition for India
Support the working group on development of a Sustainable Finance Roadmap/Action Plan and drafting the final output
Expected Deliverables/ Outcomes:
The consultant is expected to draw upon his/her skills and experience to provide strategic guidance on the planning, development and delivery of the Roadmap.
Required Skills and Experience
Language Requirement: - English
The award of the contract shall be made to the individual consultant whose offer has been evaluated and determined as Responsive to the requirement. Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation.
Only candidates obtaining a minimum of 49 points (70% of the total technical points) would be considered for the Financial Evaluation;
• Technical Criteria weight - 70%;
• Financial Criteria weight – 30 %
Technical Criteria (70% of the total evaluation)
Criteria 1: Prior Experience (30%)
Criteria 2: Demonstrated Knowledge and Networks on Sustainable Finance (15%)
Criteria 3: Research and Drafting (25%)
Financial Proposal - 30 %
Technically qualified consultants will be requested to submit their daily fee rate i.e. consultants who score more than 70% i.e. 49 marks with respect to the above-mentioned evaluation criteria. Consultant should not specify their consultancy fee on their CV or with the submission. The CV will not be evaluated further in case the consultant submits the same.
Financial Criteria: (30% of the total evaluation) based on the total all-inclusive lump sum amount for professional fee for tasks specified in this announcement. Those candidates short-listed after technical and financial evaluation of their bids will have to appear in an interview and final selection of candidates will be done based on all three parameters (technical evaluation, financial evaluation and outcome of the interview process).
• Miscellaneous charges i.e. internet, phone, relocation charges, local travel etc. would not be reimbursed separately.
• Individuals working with institutions may also apply, contract would be issued in the name of institution for the specific services of individual;