|Overview : |
The government of the Gambia will be allocating approximately USD 10 million over two years from its own budgetary resources to UNDP to implement the Programme for the Accelerated Community Development (PACD) throughout the country. The resources from the government are allocated to hard infrastructure (Water, energy, road, agricultural processing equipment and markets) with no resources available to ensure the sound management of the assets. Resources from the TRAC 2 funding have been mobilized to complement those from the Government for specific activities.
Towards the implementation of PACD, UNCDF in The Gambia is willing to support key activities in 4 local government areas where the PACD is being implemented. The following activities are envisioned;
• Activity 3: Capacity building on asset management, delegated private sector management and asset management tools for communities and local governments as well as financial management and revenue collection.
The United Nations Capital Development Fund (UNCDF) makes public and private finance work for the poor in the world’s 47 least developed countries. With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
UNCDF’s financing models work through three channels: inclusive digital economies, connecting individuals, households, and small businesses with financial eco-systems that catalyse participation in the local economy, and provide tools to climb out of poverty and manage financial lives; local development finance, that capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local economic expansion and sustainable development; and investment finance, that provides catalytic financial structuring, de-risking, and capital deployment to drive SDG impact and domestic resource mobilization. By strengthening how finance works for poor people at the household, small enterprise, and local infrastructure levels.
Interested individual consultants can submit CV, technical and financial proposal to firstname.lastname@example.org by 17th September 2020