Procurement Notices

 

 

In the area of food security, UNCDF has designed an innovative Finance for Food (F4F) approach intended to support local food security in Africa and Asia through encouraging increased public, public-private and community investments to fill missing links in the Local Food System. F4F aims to enhance the four pillars of food security (availability, stability, accessibility and utilization of food) by targeting relevant stakeholders involved in the LFS, bringing together, engaging and leveraging the capacities of the LGs, private businesses and civil society. F4F is a pioneer program that strives to make an impact by ensuring that the Local Food System is improved through targeted investments. The aim of F4F is to set up a cash mechanism to orient available funds at global and national level to finance the LFS. The F4F is an adaptive tool, providing local financing in the form of grants, loans, guarantees, equity, and/or quasi-equity, as well as advisory services and capacity building support. This flexible toolkit of instruments allows the F4F to customize its interventions to specific situations and conditions, thereby maximizing its impact depending on the country and local situations. Three financial tools are utilized in this approach: The Local Development Fund, the G2P transfers and the Structured Project Finance for credit enhancement.

 

 

Current Programs on Food Security : This approach is built on several programs developed and implemented by UNCDF in LDCs Africa and through a long-term partner organization with SBF/BFFS, UNCDF has applied its signature approach to support a number of SBF and BFFS programs in Africa by strengthening the implementation of food security policies through sustainable local governance and local governments finance : Benin, Burundi, Mali, Mozambique, Niger. In addition to that, UNCDF has developed a partnership with IFAD in order to help IFAD in Senegal and Burundi to develop a public finance approach and set up local development funds.

2. Objective
To finalize a global project document for Food security finance before submitting it to the UNCDF Project Appraisal Committee (PAC).

The Project document will have to take into account the following elements :
- The four pillars of UNCDF Core approach : Mobilize, Allocate, Invest, Account for
- The territorial entry point of UNCDF approach to food security : the Local Food System
- The ongoing programs at country level as part of the global program, both in term of logical framework and indicators
- The need to develop investments mechanisms and governance principles that can use the three main tools : Local development fund, Government to people payments and Local Finance Initiative