Consultant to support Development Bank of Zambia and other financing institutions in developing policy guidelines to incentivize adaptation investments

Salary: - Closes: July 2, 2021

Consultant to support Development Bank of Zambia and other financing institutions in developing policy guidelines to incentivize adaptation investments
GWP Zambia · Lusaka, Zambia
REPORTS TO: Project Manager for the National Adaptation Planning for Climate Resilience (NAP4CR)-Zambia Project.
CONTRACT TYPE: Consultant
LOCATION: Lusaka, Zambia
DURATION: 30 working days from July to September 2021
BACKGROUND
The Green Climate Fund (GCF) approved Zambia’s request for readiness support towards the National Adaptation Planning for Climate Resilience on 30th March 2020. The grant is administered by the Global Water Partnership as the Delivery Partner (DP). The purpose of the grant is to enable the Government of the Republic of Zambia (GRZ) to formulate a medium to long term National Adaptation Plan (NAP) aimed at strengthening systems for integrating climate change adaptation into development planning and budgeting processes. Furthermore, once formulated the NAP is expected to facilitate the development of prioritized adaptation actions with clear strategies on how these would be financed. By so doing, Zambia would be able to systematically advance the implementation of prioritized adaptation actions, contribute to the Nationally Determined Contribution (NDC) and achieve the climate change goals under the Seventh National Development Plan (SNDP). The process of formulating the Zambia NAP will take into consideration Gender aspects as guided by Zambia’s 2017 Climate Change Gender Action Plan.
The process of developing the Zambia NAP is being undertaken through a Project Implementation Unit (PIU) under the Climate Change and Natural Resources Management Department (CCNRMD) in the Ministry of Lands and Natural Resources (MLNR). Global Water Partnership as the Delivery Partner is providing technical and project implementation support to the Zambian Government. This support is being provided through the GWP Southern Africa Regional Office (GWPSA) through a Project Management Unit.
The Government of the Republic of Zambia, through the National Adaptation Planning for Climate Resilience (NAP4CR)-Zambia Project, has set aside part of the GCF readiness grant to support the Development Bank of Zambia (DBZ) and other financing institutions in developing policy guidelines to incentivize climate change adaptation investments by private sector and financial institutions. This is aimed at harnessing the potential of the private sector to scale-up and/or leverage climate finance in view of restricted public finance to support climate change adaptation. Most of the private sector investments in addressing climate change have been focused on mitigation. However, there is an increasing realization of the important role the private sector can play in enhancing adaptation to climate change through various means including investment, financial risk management, insurance, commercial provision of capital and through philanthropy. However, achieving this has been a challenge in many developing countries, including Zambia, due to low awareness, inadequate enabling policy and legal frameworks, as well as lack of supportive instruments, incentives and guidelines to enhance private sector investment in climate change adaptation. This is one area the National Adaptation Planning for Climate Resilience (NAP4CR)-Zambia Project seeks to address.
The NAP4CR project is therefore seeking consultancy services to support the Development Bank of Zambia and other financing institutions in developing policy guidelines to incentivize climate change adaptation investments. The DBZ was identified by the Climate Change Technical Committee a few years because the country was planning to get DBZ accredited to the GCF as a Direct Access Entity.
OBJECTIVES OF THE WORK
The objectives of this assignment include:
To develop policy guidelines to incentivize climate change adaptation investment by the Development Bank of Zambia (DBZ) and other financial institutions in the country and
To build capacity of the DBZ and other financial institutions through training in the application of the policy guidelines.
SCOPE OF WORK
The scope of work will largely involve facilitating development of policy guidelines to incentivize private sector investment in climate change adaptation through a multi-stakeholder consultative process; and develop training module and organizing training sessions targeting the DBZ and other financial institutions in the application of the policy guidelines to be developed.
The scope of work will involve the following key tasks:
Undertake a desk review of previous work done in Zambia to incentivize private sector investment in climate change actions, biodiversity, and environmental sustainability;
Identification, compiling and documenting the range of economic and financial instruments and regulations in different sectors (including agriculture, energy, tourism & wildlife, health, and water) and undertaking a gap analysis in order to identify issues that need to be addressed by adjusting the existing instruments or coming up with new ones. The overall objective in this regard being the need to encourage investments in climate change adaptation by the state and non-state actors;
Development of Policy Guidelines on incentivizing investments by private sector, Zambian or Zambia-based Financial Institutions including BOZ, DBZ in climate change adaptation in different sectors (including; agriculture, water, tourism & wildlife, health and energy);
Development of a policy brief on climate change adaptation investments that can be undertaken by the Private Sector including measures that the government needs to put in place to encourage this;
Development of training modules and a training programme for Zambian or Zambia-based Financial Institutions on the Policy Guidelines for incentivizing Private Sector Investments in climate change adaptation;
Undertaking training of Zambian or Zambia-based financial institutions on the implementation of guidelines for incentivizing investments in climate change adaptation by the private sector and financial institutions.
OUTPUTS/EXPECTED DELIVERABLES
The expected deliverables of the assignment are as follows:
Inception Report outlining how the consultants will undertake the assignment in line with the terms of reference;
Report on previous work done in Zambia to incentivize private sector investment in climate change actions, biodiversity, and environmental sustainability and existing incentive spectrum in different sectors (including; agriculture, water, tourism & wildlife, health and energy);
Draft and Finalized Policy Guidelines on incentivizing private sector investment in climate change adaptation for Zambian or Zambia-based Financial Institutions;
Policy Brief on climate change adaptation investments that can be undertaken by the Private Sector including measures that the government needs to put in place to encourage this.
Training modules and a training programme for Zambian or Zambia Based Financial Institutions on the Policy Guidelines for incentivizing Private Sector Investments in Climate Change Adaptation and Mitigation
Training report about the training programme administered to Zambian or Zambia Based Financial Institutions on the Policy Guidelines for incentivizing Private Sector Investments in Climate Change Adaptation and Mitigation.
DURATION OF THE ASSIGNMENT
The total duration of the assignment is 30 working days from July to September 2021.
REPORTING
The Consultant will report to the Project Manager for the National Adaptation Planning for Climate Resilience (NAP4CR)-Zambia Project.
DUTY STATION
The duty station will be Lusaka, Zambia.
REQUIRED EXPERTISE AND QUALIFICATIONS
The Consultants required to undertake the assignment described in these TORs should possess the following minimum qualifications and experience:
Minimum qualification of a Master’s Degree in economics, development finance; climate finance and related fields;
Demonstrated professional experience of more than 7 years in the development and/or climate finance sector;
Demonstrated professional experience of more than 4 years working with development banks and/or Financial institutions;
Previous experience in developing policy guidelines and incentive structures to attract investment;
Strong knowledge of global climate change and climate financing;
Understanding of the institutional and policy environment around Climate Change in Zambia;
Excellent understanding of Zambia’s fiscal and monetary policies and also the tax incentive structure;
Previous experience developing training modules and facilitating capacity building and trainings of financial institutions;
Experience working with diverse stakeholders including governments, civil society and communities in Zambia;
Domiciled and with at least four (4) years of working experience in the Zambia;
Knowledge of Zambia’s government institutional set-up is a requirement;
Excellent analytical and writing skills and demonstrated teamwork skills and ability to work independently;
PLEASE NOTE:
Applications are accepted only in English and only through the online platform: https://gwpsanpc.bamboohr.com/jobs/view.php?id=44
Female candidates are encouraged to apply for this position.
Only short-listed candidates will be contacted within 2-3 weeks after the application deadline.
Applicants should submit a detailed curriculum vitae, Technical and Financial Proposal and the contact information of three professional referees who may be contacted if you are short-listed for the position.
Questions can be directed to francina.phakamea@gwpsaf.org
Applications must be submitted by 24:00 (Pretoria time) on 2nd July 2021.

Application email or URL: https://gwpsanpc.bamboohr.com/jobs/view.php?id=44
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