| Overview : Clarification Question.: The RFP refers to 150 days and calls for the need of a local consultant expected to work 75 days on the assignment. I´d like to clarify if those 75 days are on top of the 150 days (for a total of 225 days) or are included in the 150 days (75 days for the national consultant and 75 for the international consultant) Answer: We are recruiting an international consultant, who is expected to work for 150 working days within 12 months. The international consultant is expected to identify a national consultant to work with, who is expected to work for 75 working days. This means the 150 days and 75 days runs concurrently Overview : BACKGROUND Ghana was among of 196 countries that adopted the Paris Agreement (PA) in December 2015 which has the goal to limit global temperature well below 2OC. A year later, the country joined the PA after Parliament ratified it to usher in its implementation. As a Party to the PA, Ghana has committed to thirty-one adaptation and mitigations actions captured in the Nationally Determined Contributions (NDCs). The NDCs cover interventions in the areas of renewable energy, low-carbon electricity, lowering deforestation, climate smart agriculture, clean cooking, climate services, mass transportation, water management etc. The investment requirement for the thirty-one(31) actions is estimated at US$ 22.2 billion over a 10-year period. Ghana is leading in the mobilisation of US$ 6.3 billion investment over the decade including existing public sector allocations. The remaining US$ 16.1 investment is expected to come from international source. Already some major public sector investments in Ghana support the achievement of the NDCs and must to be leveraged on. Therefore, there is the need to step-up to efforts to mobilise international and private sector funding. ........ SCOPE OF WORK The consultant will elaborate the Financing Strategy for Ghana’s NDCs. The assignment will involve the following: - Costing of the thirty-one climate actions listed in the NDC implementation plan. Prepare costing details with clear source references. The costs should include public sector funding/de-risking and private sector financing where appropriate and feasible.
- Identify public sector funding gaps that require international grant support and private sector investments to enable Ghana to be on track to reaching the targets under the NDCs.
- Prepare the NDC financing strategy for the NDC implementation Plan through a sectoral or sub-sectoral approach. The financing strategy should consider national public funding, international climate financing through international funds, cooperative approaches under Article 6.2 of the Paris Agreement, carbon markets as defined in Article 6.4 of the Paris Agreement and private sector financing. The finance expert should identify sectoral and sub-sectoral investment opportunities for private, barriers for private sector investment and recommendations to address the barriers. The potential role of Ghana’s Green Fund once operational as well as the role of Green and Climate Themed Bonds will also be considered.
................. EDUCATION - At least a Master’s degree in a relevant field such as economics, finance, business administration or related areas.
EXPERIENCE - At least 10 years’ experience in climate change finance in developing countries.
- Proven understanding of the Climate Finance landscape and procedures, multilateral funds and the other channels including the role of private sector in climate finance.
- Thorough understanding of climate finance in developing countries, investment risks and barriers and proven expertise in designing financing mechanisms that address investment risks.
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HOW TO APPLY - See the Documents section above for the detailed Annex I-Terms of Reference and Submission Documents.
BID SUBMISSION INSTRUCTION: - Strictly follow the instructions indicated in the IC Proposal Submission Form uploaded hereto
For detailed information, please refer to Annex I- Terms of Reference (ToR) Important Note: The Consultant is required to have the above mentioned professional and technical qualifications. Only the applicants who hold these qualifications are advised to submit their respective bid proposals DOCUMENTS REQUIRED: The following proposals must be prepared as per the prescribed standard format indicated in the respective IC Bid Document. The Proposals shall be submitted before its deadline on June 17, 2019, via UNDP Ghana Secured mail address: bids.gh@undp.org - Technical Proposal in pdf under file name: UNDP.GHA.2019.104-IC – TP - [insert Name]
- Financial Proposal in pdf under file name: UNDP.GHA.2019.104-IC – FP - [insert Name]
Please note that these proposals shall be submitted to the designated secured email into two files but in one email unless both Files are Greater than 9MB file size EMAIL SUBJECT LINE WHILE SUBMITTING PROPOSAL: - While submitting your proposals to bids.gh@undp.org be sure your email subject line is UNDP.GHA.2019.104-IC
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