Background

The Sustainable Development Goals (SDGs) are the most ambitious collective development endeavor attempted, requiring the world to equally ensure social governance, economic inclusion, and environmental protection by 2030. Financing the 2030 Agenda in developing countries is demanding up to $2.5 trillion annually. Since the adoption of the SDGs, there are major efforts on innovative development financing, including green finance, social bond, impact investment integrating the environmental, social and governance (ESG) criteria etc.

UNDP is embarking on expanding its support to the GoU to address this development challenge of lack of financing and incentive for financing for SDGs especially in the light of the COVID-19 and the continuous pressure on the main financial flows, including State Budget, remittances, foreign investments, that support sustainable development. The growth of bond markets provides increasing opportunities to achieve SDGs by financing implementation social and green projects. UNDP is increasingly supporting the Government in establishing an enabling environment, governance mechanisms, monitoring and evaluation framework for Eurobonds, Islamic bonds, green bonds etc.

In November 2020 the Republic of Uzbekistan issued Eurobonds with a 3-year 14.5% UZS 2 trillion tranche, the equivalent of approximately $200mnUSD. The proceeds from the Transaction are anticipated to enable several development projects including the construction of schools, health institutions, potable water and sewage pipelines and road infrastructure. In addition, the Transaction intends to fund social welfare programs to support women, children and those who are unemployed.

Understanding the importance of ensuring improved transparency and accountability over the use of proceeds and to the necessity to enhance performance and impact of public borrowing, and considering UNDP’s global experience in integrating sustainability considerations in the public borrowing process and in providing technical support to the Governments globally on SDG-aligned sovereign bond issuance, the Ministry of Finance and the UNDP have agreed to collaborate in this area.   

Duties and Responsibilities

The key focus of the Expert on impact monitoring is to coordinate and oversee the work on SDG bonds and ensure that impact monitoring and reporting work is conducted in a timely manner. He/She will be responsible for supporting the international expert in setting up the Impact assessment and monitoring framework, ensuring alignment with SDG Impact Standards, supporting in drafting impact report and building capacity of local government entities involved.

 

He/she will support the international expert in liaising with relevant ministries and government agencies responsible for implementation of the selected projects and ensuring effective collaboration, data and information exchange, coordination and capacity development for formulation and implementation of SDG framework.

Overall Work Responsibilities

  • Provide full support to International expert and local team on development of the SDG impact framework which ties the use of proceeds of the bond(s) to specific metrics and the SDGs.
  • Provide technical expertise and advice to establish and operationalize the SDG Bond Impact Monitoring and Assessment Framework. 
  • Support in conducting impact monitoring—quantifying the results based on the metrics in the SDG impact framework.
  • Function as the local technical expert to support developing SOPs for project selection, data collection processes, impact measurement approaches and report writing.
  • Conduct substantive reviews to address challenges, risks and new opportunities through the collection of appropriate and credible data and other evidence, linking results to project objectives and intended impact.
  • Support in conducting impact reporting.
  • Support conducting trainings and workshops on monitoring and evaluation, report writing for line ministries.
  • Support fostering knowledge generation across SDG Impact Framework initiatives to inform management decision-making, improve effectiveness and efficiency and adjust programming as necessary.
  • Coordinate the preparation of methodical documents, SOPs, and review drafts of the papers and other written materials prepared by team or international consultants;
  • Compile, edit and finalize written materials prepared;
  • Organize discussions and peer reviews of the draft documents;
  • Provide support to showcase the SDG Framework, raising their profile for local stakeholders, international audiences and investors;

Competencies

  • Strong data collection, communication, analytical, research, and writing skills;
  • Client-orientation and excellent interpersonal and cross-cultural communication skills;
  • Ability to use information and communication technology as a tool and resource;

Required Skills and Experience

Education:

University degree in economics, finance, law, public or business administration or related studies

Years of Experience:

  • At least 4 years of work experience in the related field;
  • Good analytical skills;
  • Good knowledge of Law system in Uzbekistan;
  •  Experience of working with UNDP projects will be an asset

Language Requirements:

Fluency in Russian and Uzbek. Knowledge of English is an asset

Application Process:

To apply, interested individuals should upload the combined[1] Technical Proposal/Methodology (if applicable), CV and Offeror’s Letter to “UNDP Jobs” by navigating to the link below and by clicking “APPLY NOW”, no later than the date indicated on the “UNDP Jobs” website:

UNDP Job Site – https://jobs.undp.org/cj_view_job.cfm?cur_job_id=99316  (cut and paste into browser address bar if the link does not work).

NOTE: The Financial Proposal should not be uploaded to “UNDP Jobs”. The password protected Financial Proposal should be submitted to bids.uz@undp.org on or before the deadline indicated on the “UNDP Jobs” website. Please include in the subject of email message the following reference:

“IC/013/21 – Financial Proposal”.

Failure to submit the Financial Proposal by the deadline or without reference to the subject above will result in disqualification. ONLY if requested by the Procurement Unit, password to the Financial Proposal should be shared within 24 hours from the date of such request.

Incomplete applications or applications received after the closing date (June 7, 2021) will not be given consideration.

You can review detailed Procurement Notice, Terms of Reference and download templates from the UNDP Procurement Notices Site following the link http://procurement-notices.undp.org/view_notice.cfm?notice_id=78846 (cut and paste into browser address bar if the link does not work).

[1] PLEASE NOTE: Online submission tool allows uploading only one (1) file, hence you are required to submit your Technical Proposal/Methodology along with your CV and Offeror’s Letter as one combined document in .pdf.