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|Location :||New Delhi, INDIA|
|Application Deadline :||11-May-21 (Midnight New York, USA)|
|Type of Contract :||Individual Contract|
|Post Level :||National Consultant|
|Languages Required :||English|
|Duration of Initial Contract :||6 months|
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.
Biodiversity Finance Initiative (BIOFIN), a global programme of UNDP, was launched in 2012, in response to the identified need by the CBD, to have better and adequate information to assess current expenditures and financing needs for countries to implement their National Biodiversity Strategy and Action Plans (NBSAPs) and need to have a comprehensive methodology to develop resource mobilization strategies and Biodiversity Finance Plans to implement NBSAPs. BIOFIN provides an innovative methodology for countries to measure their current biodiversity expenditures, assess their financial needs for biodiversity conservation in the medium term and identify most suitable finance solutions to reduce their national biodiversity finance gaps.
BIOFIN was launched in India in May 2015. It is being led by the Ministry of Environment, Forest and Climate Change (MoEF&CC), hosted by the National Biodiversity Authority (NBA) and managed by UNDP. The BIOFIN process presents a coherent and comprehensive national approach to biodiversity finance that encompasses a full suite of finance solutions, well beyond the mobilization of new and additional resources, engaging the public sector, private sector, and civil society. The aim is to produce a nationally validated Biodiversity Finance Plan that proposes steps to implement a mix of finance solutions in order to expand and improve the country’s biodiversity finance and achieve the NBTs.
BIOFIN has demonstrated implementation of select 3 finance solutions out of 12 potential finance solutions enlisted in the Biodiversity Finance Plan (BFP) - working document. This includes Corporate Social Responsibility, Mainstreaming Biodiversity in Public sector (Agriculture Sector) and Access and Benefit Sharing (ABS).
With the growing demand of sustainability, the demand for quicker and hassle-free financial services is rising too, especially for start-ups and MSMEs which are the drivers of sustainable development. This growing demand has led to the evolution of a new generation financial system that combines finance with technology termed as “Fintech”. Fintech lending is gaining popularity in the world of business as it has disrupted age-old financial systems to offer new transactional models that are not only environment friendly, but also offer tools to i) monitor the environmental impact of traditional finance, and ii) offer new mechanisms to mobilize conservation finance.
As part of the extended phase II BIOFIN (2021-25), the project aims to leverage the potential of Fintech as an emerging financial solution to ‘green’ key economic sectors and enhance resource mobilization for biodiversity conservation activities.
With this background, UNDP seeks to engage an individual consultant to develop a strategy for mainstreaming Fintech solutions for biodiversity conservation.
Duties and Responsibilities
The individual consultant will work under the guidance of Chairman, National Biodiversity Authority and Head, Natural Resource Management & Biodiversity, UNDP India to develop a detailed implementation strategy and plan for ‘Piloting Fintech Solutions under the BIOFIN programme, with the following key tasks:
Duration of Assignment: 6 months
Terms of Payment:
Project Location: The position will be home based with pre-approved travel to attend meetings & workshops, if required.
Consultant will be reporting to the Chairman National Biodiversity Authority and Head, Natural Resource Management & Biodiversity (UNDP India)
Building and managing strategic partnerships
Required Skills and Experience
Required Experiences, Competencies and Skills
Applicants shall demonstrate sufficient capacities to carryout activities to a high standard. The successful applicants will have:
Leadership and Management
Good command of English both written and spoken
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)
Financial Criteria: (30% of the total evaluation) based on the total all-inclusive lump sum amount for the professional fee for tasks specified in this announcement
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.