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Senior Investment Advisor
Procurement Process :IC - Individual contractor
Office :UNDP Country Office - JORDAN
Deadline :16-Sep-20
Posted on :09-Sep-20
Development Area :CONSULTANTS  CONSULTANTS
Reference Number :69916
Link to Atlas Project :
00128162 - Enabling SDG Financing Ecosystem
Documents :
Terms of reference
procurement notice
Letter of interest
Terms and conditions of IC
Personal History Form
Overview :

To apply, kindly read the procurement notice, attach the following documents and submit through the following email:  ic.jo@undp.org

  1.  CV with at least three references;
  2. Technical proposal (to showcase requested experience and competencies); and
  3.  Financial proposal as in  the attached template.

no later than 16 Sptember 2020 with subject " Senior Investment Advisor ".

Any request for clarification must be sent by electronic communication to the above e-mail address. UNDP will respond by electronic email and will send written copies of the response, including an explanation of the query without identifying the source of inquiry, to all applicants

The socio-economic impact of COVID-19 in Jordan is expected to be massive, compounded by persistent regional instability, years of low growth and fiscal crisis. To meet its SDG priorities in the context of these challenges, Jordan needs to align existing investments to the SDGs and catalyze additional financing.

The last call of the global UN joint SDG fund has focused on supporting financing for the SDGs and included two Components:

Component I of the call focuses on the SDG financing ecosystem. UNDP jointly with UNICEF and UN Women submitted a full joint programme (JP) proposal in March 2020 and was awarded USD 1 million to implement the two years programme. Implementation has been initiated.

Component II of the call focuses on catalytic strategic investments. UNDP jointly with UN Women and UNIDO submitted an initial concept note (see Annex) and has now, after the initial screening process, been requested to develop a full joint programme document.

The overall objective of Component II - Investing in SDG Acceleration (SDG Accelerate) is to accelerate progress towards the SDGs by mobilizing the private sector to align their business models and investments to the SDGs and to catalyze investment towards these.

Over the past two years, a joint UNCT SDG financing initiative, UNDP’s flagship SDG Impact Jordan and UN Women’s Women Empowerment Principles (WEP) initiative, tested many levers based on which we have identified key entry points. Joint activities, including those proposed under Component I, are ensuring the foundations for an impact investment ecosystem are being strengthened, building the trust needed to open new channels of investment. The JP will build on this momentum, scale activities and partnerships and hit the ground running focusing on addressing the following challenges:

Creating a pipeline of SDG aligned investment opportunities: A major constraint facing impact investors is the lack of an investment-ready pipeline, a challenge likely to increase with the impact of COVID-19 on SMEs, representing most businesses and job opportunities. The JP will support businesses with their competitiveness, resource efficiency, IMM and WEP.

Increasing the number of funds and investors adopting an SDG lens and attracting impact investors to Jordan. To date only 2% of global impact investment reaches the MENA region (MoPIC, 2019) and few funds are being set up with an impact focus. The JP will support existing, and newly establishing funds to align with the SDGs and work towards attracting new investors.

Multiplier effect through catalytic investments and partnerships. The JP will provide catalytic capital to two to three funds to diversify and scale impact. With the JP as an anchor investor, this will facilitate fundraising efforts of the investee funds. Furthermore, we will be testing different funding mechanisms via the varied financing products the funds offer.

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. All individuals including persons with disabilities are equally encouraged to apply. All applications will be treated with strictest confidence and equally.

 

Technical and financial proposals along with CV & 3 references should be submitted, and without such will not be considered). 

(Only Short Listed Candidates will be contacted)

UNDP is an employer committed to gender equity and to providing equal opportunities to both males and females.