Application Deadline : 14-May-21 (Midnight New York, USA)
Time left : 14d 7h 53m
Type of Contract : Individual Contract
Post Level : International Consultant
Languages Required :
English
Starting Date :
(date when the selected candidate is expected to start) 24-May-2021
Duration of Initial Contract : 44 working days
Expected Duration of Assignment : May -December 2021
UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
Background
The Sustainable Development Goals (SDGs) are the most ambitious collective development endeavor attempted, requiring the world to equally ensure social governance, economic inclusion, and environmental protection by 2030. Financing the 2030 Agenda in developing countries is demanding up to $2.5 trillion annually. Since the adoption of the SDGs, there are major efforts on innovative development financing, including green finance, social bond, impact investment integrating the environmental, social and governance (ESG) criteria etc.
UNDP is embarking on expanding its support to the GoU to address this development challenge of lack of financing and incentive for financing for SDGs especially in the light of the COVID-19 and the continuous pressure on the main financial flows, including State Budget, remittances, foreign investments, that support sustainable development. The growth of bond markets provides increasing opportunities to achieve SDGs by financing implementation social and green projects. UNDP is increasingly supporting the Government in establishing an enabling environment, governance mechanisms, monitoring and evaluation framework for Eurobonds, Islamic bonds, green bonds etc.
In November 2020 the Republic of Uzbekistan issued Eurobonds with a 3-year 14.5% UZS 2 trillion tranche, the equivalent of approximately $200mnUSD. The proceeds from the Transaction are anticipated to enable several development projects including the construction of schools, health institutions, potable water and sewage pipelines and road infrastructure. In addition, the Transaction intends to fund social welfare programs to support women, children and those who are unemployed.
Understanding the importance of ensuring improved transparency and accountability over the use of proceeds and to the necessity to enhance performance and impact of public borrowing, and considering UNDP’s global experience in integrating sustainability considerations in the public borrowing process and in providing technical support to the Governments globally on SDG-aligned sovereign bond issuance, the Ministry of Finance and the UNDP have agreed to collaborate in this area.
Duties and Responsibilities
The key focus of the Advisor is to initiate and technically lead the development of an overarching bond issuance framework as well as a monitoring and reporting framework for SDG Eurobonds. The advisor is to substantively advise and provide technical leadership to implementation of different outputs of the joint initiatives with the Ministry of Finance. The consultant is to ensure advocacy coherence, identify entry points for the greatest synergies and strengthen the overall approach to collaborate essential stakeholders for formulation and implementation of SDG framework under the direction of UNDP country office.
Overall Work Responsibilities
Provide technical expertise to establish and operationalize the SDG Bond Impact Monitoring and Assessment Framework.
Develop SOPs for project selection, data collection processes, impact measurement approaches and report writing.
Work with research initiation, think tank and other relevant stakeholders to endorse and adapt the impact assessment and reporting frameworks developed.
Support in institutional strengthening and capacity building by conducting trainings on data collection for line ministries, workshops on report writing, capacity assessment and capacity building plans for the stakeholders.
Analyze the content of different reports and international standards related to sustainable development to provide recommendations on the structure, principles and contents of the Annual impact report.
Analyze public information available that relates to eligible expenses of the Sovereign Bond to provide effective support in the preparation of the Annual impact report.
Mapping of different data sources relevant to the development of the Annual impact report.
Preparation of the draft Annual impact report.
Preparation of the final report that will include short and medium-term recommendations for future editions of the report.
Preparation of knowledge materials for the dissemination of the collaboration experience.
Competencies
Strong data collection, communication, analytical, research, and writing skills;
Client-orientation and excellent interpersonal and cross-cultural communication skills;
Ability to use information and communication technology as a tool and resource;
Required Skills and Experience
At least a Master’s degree in the field of Finance, Economics, Development Economics, Public Policies, Social Policies, Development Studies or other relevant fields
At least 10 years of experience in finance and in high-quality policy advisory roles, including in areas such as capital market, fiscal policy, private and financial sector development, financial analysis and advisory roles, including on issues of political economy, human development;
Strong analytical and advisory capacity, including the ability to analyze and advise innovative financial solutions, including Islamic finance;
Excellent writing skills required, as demonstrated by previous research/analytical reports on relevant topics.
Excellent communication (spoken and written) skills, including the ability to draft/edit a variety of written reports and communications and to articulate ideas in a clear, concise style
Ability to lead consultations with senior government officials required.
Previous experience with a development partner or government will be an asset;
Fluency in English. Knowledge of Russian is an asset
Application Process:
To apply, interested individuals should upload the combined[1] Technical Proposal/Methodology (if applicable), CV and Offeror’s Letter to “UNDP Jobs” by navigating to the link below and by clicking “APPLY NOW”, no later than the date indicated on the “UNDP Jobs” website:
UNDP Job Site – https://jobs.undp.org/cj_view_job.cfm?cur_job_id=98794 (cut and paste into browser address bar if the link does not work).
NOTE: The Financial Proposal should not be uploaded to “UNDP Jobs”. The password protected Financial Proposal should be submitted to [email protected] on or before the deadline indicated on the “UNDP Jobs” website. Please include in the subject of email message the following reference:
“IC/010/21 – Financial Proposal”.
Failure to submit the Financial Proposal by the deadline or without reference to the subject above will result in disqualification. ONLY if requested by the Procurement Unit, password to the Financial Proposal should be shared within 24 hours from the date of such request.
Incomplete applications or applications received after the closing date (14th May 2021) will not be given consideration.
You can review detailed Procurement Notice, Terms of Reference and download templates from the UNDP Procurement Notices Site following the link http://procurement-notices.undp.org/view_notice.cfm?notice_id=78092 (cut and paste into browser address bar if the link does not work).
For more detailed information about UNDP Uzbekistan please visit our website at www.uz.undp.org UNDP is an equal opportunity employer. Qualified female candidates, people with disabilities, and minorities are highly encouraged to apply. UNDP Balance in Manage Policy promotes achievement of gender balance among its staff at all levels.
Requests for clarification must be sent in writing to [email protected], ensuring that the reference number above is included in the subject line. UNDP shall endeavor to provide such responses to clarifications in an expeditious manner, but any delay in such response shall not cause an obligation on the part of UNDP to extend the submission date of the Proposals, unless UNDP deems that such an extension is justified and necessary.
[1] PLEASE NOTE: Online submission tool allows uploading only one (1) file, hence you are required to submit your Technical Proposal/Methodology along with your CV and Offeror’s Letter as one combined document in .pdf.
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