|Introduction : |
Description of the Assignment:
The Philippines is one of the most vulnerable countries in the world, mostly from climate change impacts. The country has enunciated policies and programmes to reduce these risks, among others the finalization of its Nationally Determined Contributions (NDC), the Philippines Biodiversity Strategy and Action Plan, the National Climate Change Action Plan (NCCAP). It has also institutionalized a climate budget tagging process for all agencies and developed tools and mechanisms to mainstream climate change and vulnerability assessments in various levels of programming. However, to achieve the desired transformation, funding would be needed not only from government but from private sector as well. Business decisions and investment priorities should be aligned with the country’s ambition to reduce greenhouse gas emissions, and improve adaptation of communities to protect people, assets and communities at risk. The government has been at the forefront of this initiative through several policy measures. These include, the Central Bank’s Sustainable Finance Framework, the Securities and Exchange Commission’s Guidelines on Environmental, social and Governance reporting, and more recently, the Sustainable Finance Roadmap issues by the Interagency Task Force on Sustainable Finance, led by the Department of Finance.
In order to support the initiatives on increasing public and private sector investments towards mitigating impacts of climate change and improving resilience of national and local government agencies and communities, UNDP will be undertaking the Project: Accelerating Green and Climate Finance in the Philippines: Nature Based Solutions (Climate Finance PH-NBS). With funding support from the Government of Canada, the Project aims to increase private sector investments into gender responsive nature-based solutions for climate resilient technologies, innovations, practices and approaches. This, in support of a just transition to resilient and low emission development that sustains nature and ecosystems and protects the rights of all who are affected and at risk. This Project will also demonstrate how these additional investments can generate solid financial returns and contribute to the achievement of other SDG goals such as gender equality, expanding access to clean water, job creation, increase in incomes of local communities, increased food production, increased sustainable consumption and production, enhanced natural resilience, and many more.
To achieve the above-mentioned objectives, the project has four main components.
· Component 1: Gender-sensitive platforms for data-driven policymaking and regulatory strengthening for climate finance.
· Component 2: Design and implementation of Innovative Green and Climate Finance Solutions.
· Component 3: Capacity building of banks and non-bank financial institutions to increase finance flows to gender sensitive, green, and climate solutions.
· Component 4: Independent monitoring system on gender and SDG impacts of green and climate investments.
As PPP Specialist, the consultant is expected to perform the following tasks:
· Review jointly with PPPC and UNDP the current pipeline of projects, with scoping on 1) nature-based solutions projects, and 2) current PPPC projects that are under identification and development, including assessment of potential to scale NBS under a PPP arrangement;
· Develop the PPPC capacity development plan, including activity designs, outline of module content
Period of assignment/services 90-person days
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