The Senior Expert Consultant will be responsible for the following, in partnership with the Government of Egypt and the UN:
•Advise and contribute to the process of development and drafting of the focus and scope of the SDG Bonds Framework for Egypt, including overview of use of proceeds, process for setting criteria for selection and evaluation of projects and programs in support of issuance, management of proceeds and reporting of impact. Align the SDG Bonds Framework with the country’s vision, strategy, and targets (Egypt SDS 2030 and others), and existing measurement systems.
•Propose sequencing of action towards SDG Bonds issuance.
•Propose options for impact measurement and management framework; ensure alignment of the SDG Impact standards for Bonds https://sdgimpact.undp.org/assets/Bond-Issuers-Standards_1.0.pdf within the SDG Bonds Framework, as well as the ICMA-UN Women-IFC published guide on Gender Bonds https://www.icmagroup.org/assets/documents/Sustainable-finance/ICMAUN-WomenIFC-Bonds-to-Bridge-the-Gender-Gap-A-Practitioners-Guide-to-Using-Sustainable-Debt-for-Gender-Equality-November-2021.pdf .
•Identify capacity and system needs of government on the SDG Bonds Framework regarding both the pre and post issuance of the Bonds.
•Advising the Ministry of Finance and Ministry of Planning in technical meetings with relevant line ministries engaged in shaping the Framework.
•Engage with UN senior experts on innovative financing to draw from on-going best practices as well as a means of informing the UN System’s broader innovative SDG financing tools emerging globally.
•Support the Government of Egypt in its presentation of upcoming issuances and in sharing of experiences and best practices in developing the SDG Bonds Framework.
Deliverables
Timelines
Submission of a consultancy workplan, methodology, and timeline.
August 15th, 2022
Based on discussions with Min of Finance and Min of Planning and the UN System, prepare a Proposed Roadmap, process, scope, and draft for the development of Egypt’s SDG Capital Markets Financing Framework in line with the SDG Impact Standards for Bonds, as well as the ICMA-UN Women-IFC published guide on Gender Bonds
September 30th, 2022
Based on technical consultations with relevant national entities and UN experts, contribute to the drafting of the SDG Bonds Framework.
November 30th, 2023
Deliver recommendations on the system and individual capacities needed to develop the SDG Bonds framework within the government
January 15th, 2023
Functional Competencies
• Political vision and strategy: Capacity to work with senior Government officials in shaping a financing framework in line with national policies and international standards.
• Communication Competency: High level ability to work with and communicate effectively with Government entities on confidential and time-sensitive issues;
• Continuous Learning and knowledge Sharing: Encourage learning and sharing knowledge;
• Planning, Budgeting and Financing for Development Competency: Demonstrated skills in working around innovative financing, government planning and around social and human development;
•Knowledge of Government of Egypt’s Financial and Planning strategies and policies;
•Ability to gather and interpret data, reach logical conclusions and present findings;
•Strong writing skills;
• Soft Skills: Excellent communication, presentation and writing skills in English and Arabic.
Education
•Master’s degree or higher (PhD) in economics, finance, political science or other related fields is required.
Experience
•Minimum 15 years of experience working in planning, economic and/or finance processes, required;
•Knowledge of socio-economic development issues, required;
•Demonstrated track record of advising and working with national government partners, especially in multi-stakeholder projects, required;
•Previous experience working with Government in planning, economic/financial regulatory process, and budgeting, preferred;
•Previous experience in public debt management and/or development of bond frameworks, preferred.
Language Requirements
•Fluency in verbal and written English, required;
•Competent in verbal and written Arabic, preferred.
Evaluation Criteria:
Individual consultants will be evaluated based on the following methodology: Only candidates obtaining a minimum of 49 out of the 70 points in the technical evaluation would be considered for the Financial Evaluation.
Criteria Weight Technical: 70% (100 points)
•Relevant education: Master’s degree or higher (PhD) in economics, finance, political science or other related fields (10 points)..
•Minimum 15 years of experience working in planning, economic and/or finance processes (30 points).
•Demonstrated track record of advising and working with national government partners, especially in multi-stakeholder projects (30 points).
•Previous experience working with Government in planning, economic/financial regulatory process and budgeting (15 points).
•Previous experience in public debt management and/or development of bond frameworks (15 points).
Financial: Lowest Financial Proposal: 30% (30 points)
The points for the Financial Proposal will be allocated as per the following formula:
•Contract will be awarded to the technically qualified consultant who obtains the highest combined score (financial and technical).
•The points for the Financial Proposal will be allocated as per the following formula: (Lowest Bid Offered*)/ (Bid of the Consultant) x 30.
•’Lowest Bid Offered’ refers to the lowest price offered by Offerors scoring at least 49 points in the technical evaluation.
Application:
Interested Individual Consultants must submit the following documents/information in a package to demonstrate their qualifications:
1Letter of Interest (cover letter) explaining the suitability of the candidate to the work as well as indication of applicant’s availability and start date;
2UN Women Personal History form (P-11) which can be downloaded at http://www.unwomen.org/about-us/employment;
3Financial proposal or price proposal that indicates a daily rate to undertake the terms of reference, and other related costs -if applicable- applications submitted without a daily rate will not be considered;
The above-mentioned documents should be merged in a standalone file including all them, since the online application submission does only permit to uploading one file per application.
Incomplete submission can be a ground for disqualification. Make sure that you provide a valid email address fro future communications.
Deliverables |
Timelines |
Submission of a consultancy workplan, methodology, and timeline. |
August 15th, 2022 |
Based on discussions with Min of Finance and Min of Planning and the UN System, prepare a Proposed Roadmap, process, scope, and draft for the development of Egypt’s SDG Capital Markets Financing Framework in line with the SDG Impact Standards for Bonds, as well as the ICMA-UN Women-IFC published guide on Gender Bonds |
September 30th, 2022 |
Based on technical consultations with relevant national entities and UN experts, contribute to the drafting of the SDG Bonds Framework. |
November 30th, 2023 |
Deliver recommendations on the system and individual capacities needed to develop the SDG Bonds framework within the government |
January 15th, 2023 |