Support the Establishment and Operationalization of a Climate Finance Facility


Home > Support the Establishment and Operationalization of a Climate Finance Facility


Country : Zimbabwe
Summary : Support the Establishment and Operationalization of a Climate Finance Facility
ZWT Ref No : 45696879
Tender Notice No : 1270408
Competition : ICB
Financier : World Bank (WB)
Purchaser : WORLD BANK GROUP
Block 3, Arundel Business Park 107 Norfolk Road, Mount Pleasant Harare, Zimbabwe Tel:(+263-4) 369-130/1
Zimbabwe
Email :zimbabwealert@worldbank.org/ eesikuri@worldbank.org, nzinyengere@worldbank.org
Tender Details : Expression of Interest are invited for Consultancy: Support the establishment and operationalization of a Climate Finance Facility in Zimbabwe The consultant will be a firm. Assignment Description The consultancy will be developed within the strategic context and project objectives outlined in section B. The work should be carried out in close coordination with IDBZ and the Government of Zimbabwe. The consultancy will cover the following tasks: 1. Develop detailed methodology and work plan. Develop a methodology and draft work program to address each one of the objectives outlined above. Present the draft methodology and work program for validation with the GoZ, IDBZ, selected bilateral agencies and EMA as the NIE for the Adaptation Fund. Present the work program to the WB task team and client for initial review and feedback. Refine the approach based on client and World Bank feedback. World Bank Task Team Leader (TTL) sign-off will be needed before proceeding to the next activities. 2. Develop the draft operations manual/guidelines and attendant documents, thereby comprising the implementation arrangements for the CFF. This component will build on the business case, legal and institutional assessment and feasibility study to undertake a series of activities leading to and including the drafting of a comprehensive operations manual/guidelines comprising the following key sections: Articulate the Program Context for the CFF; Design the main elements of a (Trust) Fund Management System comprising Resource Mobilization and Administration Agreements and Indicative Term Sheets; Resource Allocation; Corporate Fees and Program Management Costs; and Trust Fund Administration, Reporting and Closure; Propose the CFF Governance Structure, including the Draft Trust Deed; Design the Program Windows that investors could choose to invest; Outline the Project Life Cycle for private-sector, donor-funded and blended-finance projects. This section covers project identification and endorsement; project preparation; project approval and confirmation; project agreements; implementation, supervision and evaluation; and project closure; Articulate the Project Design, covering project selection/investment criteria and design principles; implementation arrangements for private-sector, government-funded, donor-funded and blended-finance activities; financial management arrangements for private-sector, government-funded, donor-funded and blended-finance activities; project procurement; environmental and social safeguards for stylized projects; Design the Monitoring-and-Evaluation, Risk-monitoring and Reporting Framework, at both the fund-level and project-level; Advisory and Analytical Services; Communications and Disclosure; and Annexes comprising the Monitoring and Evaluation Strategy; Risk Monitoring Framework; Environmental and Social Safeguards Policy (being an adoption in part or whole, of the ESS policy for IDBZ that was developed in the course of accreditation to the GCF); Partnerships and Resource Mobilization Strategy; and sample term sheets, administration agreement, and project identification note). Collate the foregoing components into a coherent Operations Manual (Implementation Arrangements) for the Climate Finance Facility. 3. Develop a resource mobilization and capitalization mechanism for the CFF, including defining working relationship with other entities, and drafting the CFF Prospectus and investment Term Sheet for use in canvassing prospective funders. 4. Conduct a stakeholder validation workshop to present the draft operations manual and annexures for the CFF, addressing the material guidance coming from that workshop. 5. Review the manual and instruments developed including comments from stakeholders and IDBZ Board. 6. Deliver capacity building and knowledge sharing on climate finance, including: Conduct a capacity building workshop on innovative financing (e.g. debt for nature swaps, blended finance, convertible grants, credit guarantees, green bonds, etc.) to raise awareness on opportunities for the country to engage in this type of financing mechanisms. Deliver a training workshop on the preparation and implementation of green infrastructure projects, targeted to IDBZ, sectoral institutions and relevant stakeholders.
Deadline : 21st Sep 2020
Documents : Download