IC to Develop a Private Sector Engagement Strategy (for National Only)

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Introduction

Country:   Philippines

 

Description of the Assignment:  

I. Project Title


Strengthening Institutions and Empowering Localities Against Disasters and Climate Change (SHIELD) Programme


II. Project Description


The Philippines remains one of the most vulnerable countries in the world when it comes to climate and disaster risks, as evidenced by more frequent and intense tropical cyclones, prolonged monsoon rains, droughts, and sea-level rise. Disasters and climate change impact negatively on social and economic growth as development efforts are pushed back by these impacts. Acknowledging and responding to these multidimensional risks are the key to strengthening resilience.


To address this challenge, the United Nations Development Program (UNDP) through the support of the Government of Australia’s Department of Foreign Affairs and Trade (DFAT) in the Philippines, is implementing the Strengthening Institutions and Empowering Localities Against Disasters and Climate Change (SHIELD) Programme. Together with its consortium partners, SHIELD aims to transform its 11 target provinces, Metro Manila, and the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) into safer and resilient communities by achieving three interdependent outcomes:


Outcome 1: Government, private sector, and civil society stakeholders in targeted local government units (LGUs) are collaborating to unlock funding and implement informed and inclusive resilience actions.

Outcome 2: Relevant national government agencies (NGAs) are prioritizing action on local climate and disaster resilience.

Outcome 3: Philippine scientific agencies are producing tailored and accessible information for local resilience action.


Strengthening the resilience of institutions and communities to the impacts of disaster and climate change is critical for sustainable development and economic stability. The private sector, with its resources, expertise and capacity to innovate plays an important role in the drive to achieving resilience.


Estimates from the Department of Finance indicate that for the period 2012 to 2022, the country’s cumulative damages from both major and minor natural extreme events and disasters amounted to USD9.25 billion, or an average USD0.925 billion annually. DOF further

 

predicts an average loss of GDP of at least 3.2 percent by 2030, or roughly USD25.6 billion.1 It is widely accepted that damages such as these also lead to losses in economic opportunities and sets back development especially in poor and vulnerable communities.


Meanwhile, there is a huge financing gap in climate and disaster resilience. A study in 2019 analyzed finance flows in the Philippines from national and international entities. Among the critical findings were: (i) there is limited funding available; the average amount of direct economic damage per person ($161.40) is more than eight times greater than the support provided by the national government ($19.36); (ii) financing for preparedness is comparatively lower than financing for response.2 Public spending alone cannot come close to meeting the demand.


Investments in climate adaptation are also lacking globally. The United Nations Environment Programme (UNEP) reported the current finance gap for climate adaptation is USD194 – USD366 billion per year.3 Private sector investment in adaptation remains minimal. Of the total USD30 billion spent on adaptation in 2017-2018, only 1.6 percent came from private adaptation spending.4


It is widely recognized that private sector participation in climate adaptation and resilience building is crucial. Beyond closing the finance gap, roles for the private sector may include:

(a) providing goods, services including technology and expertise; and (b) adopting climate resilient and sustainable operations to ensure business continuity and profitability.


III. Scope of Work


For this initiative, UNDP will engage the services of an Individual Consultant who shall act as a Private Sector engagement Specialist who will develop a strategy to engage the private sector towards building local resilience. The strategy will:


Identify key private sector stakeholders and their roles.

Define mechanisms for private sector participation, including a menu of options for private sector engagement.

Outline incentives and support systems to encourage private sector participation.

Establish monitoring and evaluation frameworks to measure impact of private sector engagement and ensure sustainability.


This undertaking will have four main elements, as follows:


1. Investor Mapping – this is two-pronged: identifying specific private sector groups or entities that would be the target of the strategy and identifying Investor Opportunity Areas. This may follow a similar approach to what UNDP did for SDGs. Investor Mapping will include Stakeholders Consultations to obtain insights on challenges, needs and models of participation.

2. Strategy Development – the strategy would outline objectives and priorities for private sector participation, specific investment opportunities, partnership arrangements, enabling policies or regulatory frameworks to support the implementation of the strategy, including an incentive model for investing in resilience actions.

3. Testing and Validation – demonstrate proof of concept in one of the SHIELD program areas (Agusan del Sur). This will involve the necessary preparatory and ground work for the pilot testing of an activity that will demonstrate the strategy.

4. Sustainability Plan and Mechanisms - including options to institutionalize private sector engagement, scale up and replication, and a monitoring framework to measure progress.

 

Period of assignment/services:  Home-based, with an expected duration of 100 person-days spread over 6 months 


Proposal should be submitted directly in the portal no later than indicated deadline.

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Documents :

Negotiation Document(s) (Before Accessing other negotiations Document(s), please click on this link)