Project Title: BIODIVERSITY FINANCE INTIATIVE
Since 2014, The United Nations Development Program through its Biodiversity Finance Initiative (BIOFIN) Project, has been supporting the Philippine Government in articulating the financial resources it needs to maintain a healthy biodiversity portfolio in-country. In particular, BIOFIN in collaboration with Department of Natural Resources Biodiversity Management Bureau has conducted the following: 1) Policy and Institutional Review (PIR); 2) Public and Private Biodiversity Expenditure Review (PPBER); 3) Assessment of financial needs (cost and gap analysis of implementing Philippine Biodiversity Strategy and Action Plan (PBSAP)); and 4) a Biodiversity Finance Plan.
Based on insights gained from the results of the three BIOFIN assessments, this plan acknowledges the importance of tapping additional financing to support the biodiversity agenda of the Philippines, mainly through its National Biodiversity Strategy and Action Plan (PBSAP), referred to henceforth in this Plan as the Philippine Biodiversity Strategy and Action Plan (PBSAP). This Plan is cognizant of the parallel challenges that could not be addressed by generating financing alone: thus, the Plan transcends the focus on generating additional resources and also identifies a range of “finance solutions” that leverage finance, fiscal and economic tools and strategies to improve the outcome of biodiversity objectives in the country. Financing solutions include a range of transformative actions: generating more financing to fund the PBSAP or associated planning documents; appropriate attribution of biodiversity expenditures in the budget; attaining cost effective budget execution by eradicating overlaps in biodiversity functions; eradicating expenditures that continue to or aggravate dissipation of biodiversity resources; and paving the groundwork for a responsive policy environment through greater awareness on biodiversity and biodiversity financing and enhancing institutional support towards monitoring of PBSAP.
The Project Manager shall directly supervise the Lead Consultant and approve his/her output.
The Lead Consultant is expected to liaise/interact/collaborate/meet with the national and global (as necessary) BIOFIN project team, DENR BMB and UNDP. As needed, the project staff shall provide administrative assistance to her/him in order for her/him to accomplish all requirements.
Outputs will be submitted to UNDP and BMB through the Project Manager . The project staff including other project consultants, as well as, relevant technical staff shall provide comment on the outputs of the consultant.
Duration of the Work
The expected duration of work is 185 days spread over 1 year.
Within 2 weeks of the consultant’s submission of his/her outputs to the Project Manager and Sr. Technical Adviser shall provide their comments. Should there be further comments, the revised output shall be submitted within a week. Should there be no comments, the Project Manager shall endorse the consultant’s output/s for approval.
The Lead Consultant is not expected to report on a daily basis to the Project Management Office based in BMB in Quezon City but shall be available on an on-call basis.
Scope of Price Proposal and Schedule of Payments
The financial proposals from possible candidates should be expressed in lump sum amount inclusive of all financial costs related to this engagement (i.e. transportation/travel to and from residence-Manila and/or within Metro Manila, transportation/travel to outside of Metro Manila, supplies & materials, reproduction, communications including internet). Travel expenses to project-related meetings and workshops outside of Metro Manila shall be paid for by the Project.
The Payment terms are as follows:
Submission and acceptance of Inception Report
December 10, 2019
Submission and Acceptance of Report on Biodiversity Expenditure Review
May 30, 2020
Submission and acceptance of report on Negros Oriental finance solution implementation
June 30, 2020
Submission and acceptance of report on Negros Occidental finance solution implementation
September 30, 2020
Submission and acceptance of scoping study on impact investment
October 25, 2020