Deadline: 22-Dec-21
The United Nations Development Programme (UNDP) Vietnam is seeking for Vietnamese Firm/Institution/Organization to do research and development of a financial plan to mitigate the financial burden of potential losses from major climate -related disasters (based on financial loss models) for Viet Nam.
The institution is expected to provide effective support to UNDP in researching and developing a financial plan to mitigate the financial burden of potential losses from major climate-related disasters, based on the financial loss models for Viet Nam.
Tasks
The contractor is expected to do the following tasks:
- Conduct a desk review of all relevant reports available in and outside of Viet Nam, and develop an inception report;
- Organize consultations, workshops and meetings (in Hanoi) with key stakeholders and development partners to discuss key findings, recommendations on developing the financial loss model and financial plan for major disaster events. Cost for workshops, meetings to be borne by contractor;
- Carry out a feasibility study on innovative financial schemes and non-grant de-risking mechanisms to improve government’s financial preparedness and response capacity for large-scale disaster events (eg, catastrophe bonds)
- Based on the key findings from the feasibility study, develop financial loss models for Viet Nam that estimate financial exposure due to risks from both historic disaster events and increased risk posed by climate change;
- Provide technical and coordinated input to develop a financial plan for managing the financial risks of major climate -related disasters affecting coastal areas such as, for example, super-typhoons (for disaster events costing more than 3% of national GDP);
- Ensure close consultation with relevant government ministries (including MoF, MARD, MONRE, MPI, etc.), development partners and key international and national financial institutions for the development of the financial plan;
- Finalize the financial loss model and the proposed financial plan following the national workshops and consultation events;
- Facilitate dialo gue between MoF and development partners to increase Government’s access to financing products available from financial institutions in and outside of Viet Nam.
Location: This consultancy service will be carried out remotely, but based in Hanoi.
Criteria
- Qualification requirements of the institution:
- Proven experience in the delivery of high-quality services for development projects, especially those related to the development sector focusing on finances;
- Financial expertise based on experience working on similar assignments relating to development of financial plans covering various issues and sectors;
- Demonstrated experience in developing financial loss models in Viet Nam;
- Demonstrated experience and expertise engaging with national institutions, ministries, and development partners.
- Qualification of the national Team Leader:
- Master’s degree in the fields of Finance, Economics, or other related fields (with preference to fields directly linked to this TOR);
- At least 8 years of experience in policy-level dialogues in Viet Nam, with preference to experience working directly on financial loss models, financial analyzes and planning, and preferable with natural hazards and / or climate change in Viet Nam;
- Understanding of existing financial planning instruments and legislation, and;
- Experience in developing high quality reports (preferable in English language).
- Qualification of the national team members (at least 2 members)
- Bachelor’s degree in the fields of Finance, Economics, or other related fields (with preference to fields directly linked to this TOR);
- At least 5 years of experience in financial policy-level dialogues in Viet Nam, with focus on working in financial loss modeling and planning, preferably directly with natural hazards and / or climate change in Viet Nam;
- Understanding of existing financial planning instruments, and;
- Ability to draft reports (preferable in English language).
For more information, visit https://procurement-notices.undp.org/view_notice.cfm?notice_id=86548
