Finance specialist for development of the new sustainable financing mechanisms - modalities for protected areas

  • Added Date: Wednesday, 26 February 2020
  • Deadline Date: Saturday, 07 March 2020
Background

NOTE: Signed Offeror’s Letter to UNDP Confirming Interest and Availability - http://www.ba.undp.org/content/dam/bosnia_and_herzegovina/docs/Operations/Jobs/Offerors%20Letter%20to%20UNDP%20Confirming%20Interest%20and%20Availability.docx Letter to UNDP Confirming Interest and Availability.docx - to be sent to e-mail ba.shared.hr@undp.org with Subject: Job ID 90452.

UNDP in Bosnia and Herzegovina (BiH) is currently implementing the project “Support to UNEP/GEF portfolio”, aimed at providing support to implementation of project activities leading to achievement of projects’ outcomes as per the project document for the GEF-6 MSP „Achieving biodiversity conservation through creation, effective management and spatial designation of protected areas and capacity building“. The project envisages expansion of protected areas system in BiH and enabling capacity conditions for effective management and mainstreaming biodiversity into the production landscape.

The output will provide for establishment and effective management of protected areas and biological diversity by expanding protected areas network. Furthermore, it will address current weaknesses within the protected areas network, enhance financial capacities for protected areas management and empower capacities of the main actors for mobilization of additional resources in the protected areas system in Bosnia and Herzegovina (BiH). Additional focus of the project is development of an officially recognized, inclusive and functional system for biological diversity monitoring system in BiH as a basis for nature conservation.

When it comes to nature protection and protected areas, BiH is one of the richest countries in Europe in terms of biodiversity, however the territory of protected areas in BiH is relatively small, and the percentage share as compared to the total BiH territory is very low and significantly below the European average. Protected areas in the country are currently covering only 2.28% of the national territory, which puts BiH on the very bottom of the European protected areas chart. Moreover, the conservation authorities are understaffed and there is an evident lack of financial resources to implement relevant legislation and other tasks, including planning, establishment and supervision of protected areas.

Ensuring effective management and securing sufficient financial resources are vital if protected areas are to continue to provide benefits and fulfil their role in biodiversity conservation. However, financial resources are often a constraining factor in the effective management of protected areas, falling well short of needs. Protected area financing involves mobilizing and managing funds to address a range of challenges associated with nature protection. Building a diverse funding portfolio, going beyond conventional mechanisms and including multiple funding sources, is a key element of protected areas financial stability and sustainability. Protected areas financial sustainability requires that funds are managed and administered in a way that promotes cost efficiency and management effectiveness, allows for long-term planning and security and provides incentives and opportunities for managers to generate and retain funds at the protected areas level.

In view of the above, the project endeavours to develop innovative and sustainable financing mechanisms/modalities for protected areas in BiH, encompassing analysis of current income and expenditures, overall financial needs, gaps and opportunity costs, feasibility assessment of existing and new financial mechanisms at the site and system level, and elaboration of a comprehensive plan for ensuring long-term financial support for protected areas network in BiH. Sustainable financing mechanisms/modalities shall include necessary regulatory, legislative, policy, institutional and other measures and ideally, focus on both revenue and expenditure and need to propose innovative funding mechanisms.

Finance specialist will be tasked to explore the feasibility of potential financing mechanisms that may be suitable for protected areas network in BiH in cooperation with Legal expert, and shall roll-out new appropriate financing mechanisms/modalities to generate the income streams needed for protected areas management and sustainability that will be consulted with the Project Steering Committee, relevant stakeholders and project partners.

Under the direct guidance and supervision of the Project Manager and in close collaboration with the Energy and Environment Sector Leader, the Finance specialist for the preparation and development of sustainable financing programmes for the protected areas network of both entities in the country will provide programme support to the Biodiversity Project ensuring high quality, accuracy and consistency of work.

Duties and Responsibilities

The Finance specialist will be expected to undertake the following tasks and responsibilities:

Task 1: Conduct a detailed assessment of the current budgets, financing mechanisms, income sources and sustainability of protected areas in BiH.

Task 2: Review the range of financing mechanisms used for protected areas in other countries (preferably in the region) with an aim to determine their applicability in the context of BiH.

Task 3: In cooperation with the Legal expert for the preparation and development of the new sustainable financing mechanisms/modalities for protected areas (entity and B-H level), develop new appropriate financing mechanisms/modalities to generate the income streams needed for effective management and sustainability of protected areas in BiH.

Task 4: Plan and facilitate a workshop on protected areas new appropriate financing mechanisms with the key stakeholders for protected areas in both entities.

Other various technical and administrative matters related to Project Manager.

Task 5: Regular update to supervisor for the above listed tasks.

All of the above listed tasks shall be performed under the supervision of Project Manager in cooperation with other project staff.

Deliverables/outputs

#

Deliverables / Outputs

# of Days per Task

Due Date

Percentage

 1. 

Detailed assessment of the current budgets, financing mechanisms, income sources and sustainability of protected areas in BiH

5

April 2020

20

 2. 

Report on the overview of the range of financing mechanisms used for protected areas in other countries (preferably in the region) with an aim to determine their applicability in the context of BiH

5

May 2020

30

 3. 

Developed and finalized appropriate financing mechanisms/modalities to generate the income streams needed for protected areas effective management in BiH and sustainability document (with recommendations for improvement of both capacities and management of protected areas managers and current legislation)

10

May-June 2020

35

 4.

Implemented workshop on protected areas new appropriate financing mechanisms/modalities with the main stakeholders in both entities

3

July 2020

15

Competencies

Corporate competencies:

  • Demonstrates integrity by modelling the UN’s values and ethical standards;
  • Promotes the vision, mission, and strategic goals of UNDP;
  • Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability
  • Treats all people fairly without favouritism;
  • Fulfils all obligations to gender sensitivity and zero tolerance for sexual harassment;

Functional competencies:

  • Strong interpersonal skills, communication and diplomatic skills, ability to work in a team;
  • Openness to change and ability to receive/integrate feedback;
  • Ability to work under pressure and stressful situations;
  • Strong analytical, reporting and writing abilities;
  • Excellent public speaking and presentation skills;

Required Skills and Experience

Academic Qualifications/Education:

  • Masters’ degree in economics, sustainable financing and/or similar.
  • Bachelor’s degree in combination with a minimum of 3 additional years of qualifying experience may be accepted in lieu of the advanced degree.

Experience:

  • At least 7 years working experience in conducting financial analysis, environmental economics, sustainable financing and/or natural resource management, protected areas financing, or similar;
  • Proven experience in financial planning and management (preferably related to conservation or management of natural resources, including protected areas);
  • Proven experience in analysis of budget planning both at level of entity and local governments;
  • Proven experience with preparation and implementation of financial instruments (preferably within the environmental sector);
  • Solid overall computer literacy, including proficiency in various MS Office applications (Excel, etc.);
  • Good knowledge of circumstances related to key environmental issues and sustainable development.

Languages Requirements:

  • Excellent writing, editing, and oral communication skills in English.

Other Requirements:

  • Overall understanding of environment/development issues in BiH;
  • Good knowledge of national and international standards related to nature conservation;
  • Excellent written and verbal communication skills as well as drafting skills;
  • Strong organizational skills, ability to track and juggle multiple tasks;
  • Familiarity with UN system and UNDP rules and procedures is an advantage.

Longlisting/Shortlisting Criteria

Qualifications as stated in the ToR

Criteria:

Points

Relevant Education

max 35 points
 

Relevant professional experience

max 35 points 

Prior work experience with UNDP/UN Agencies

max 10 points 

Good knowledge of circumstances related to key environmental issues and sustainable development.

Max 15 points

Knowledge of English

max 5 points - will be assessed as:

 

5 points for fluency and the points decrease as per the level mentioned in the CV:

good - 4 points;

fair/upper intermediate – 3 points;

intermediate - 2 points;

beginner - 1 point.

Technical Evaluation Criteria

Criteria:

Points

Rating based on Qualifications

30%

Knowledge of relevant policies/documents/or other specific criteria

15%

Interview or submitted methodology

55%

Evaluation

Individual consultants will be evaluated based on the following methodology:

Cumulative analysis

When using this weighted scoring method, the award of the contract should be made to the individual consultant whose offer has been evaluated and determined as:
a) responsive/compliant/acceptable, and
b) Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation.

  • * Technical Criteria weight-70%
  • * Financial Criteria weight- 30%

Interested individual consultants must submit the following documents/information to demonstrate their qualifications:

  • Personal CV including past experience in similar projects and at least 3 references;
  • Proposal:
    • Provide a brief methodology on how they will approach and conduct the work; or sample of previous document/strategy/paper done by the consultant;
    •  Explaining why they are the most suitable for the work;
  • Provide a brief methodology on how they will approach and conduct the work; or sample of previous document/strategy/paper done by the consultant;
  •  Explaining why they are the most suitable for the work;

Please scan all above mentioned documents and upload as one attachment only online through this website.

Note:

  • For an assignment requiring travel, consultants of 65 years or more require full medical examination and statement of fitness to work to engage in the consultancy.
  • Due to large number of potential applicants, only competitively selected candidates will be contacted for remaining steps of the service procurement process.


This vacancy is archived.

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