Avis d’appel à manifestation d’intérêt pour le recrutement d’un Consultant en financement des risques climatiques et de catastrophes pour le programme de financement des risques de catastrophes en Afrique (ADRiFi), Abidjan,, Côte d’Ivoire
REQUEST FOR EXPRESSIONS OF INTEREST
Individual Consultant: Climate and Disaster Risk Finance Consultant for the Africa Disaster Risk Financing (ADRiFi) Programme
The African Development Bank hereby invites Individual Consultants to indicate their interest in the following Assignment: Climate and Disaster Risk Finance Consultant for the Africa Disaster Risk Financing (ADRiFi) Programme.
TERMS OF REFERENCE
- Introduction and Background The Bank:
Established in 1964, the African Development Bank (the “Bank”) is the premier Pan-African development institution promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten-Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas (High 5s) have been identified for scaling up, namely, Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa and improve the quality of life for Africans.
The Hiring Department:
As one of the two departments responsible for implementing the Bank’s Feed Africa strategy, the core mandate of the Agriculture Finance and Rural Development Department (AHFR) is to develop the strategy of the Bank related to agricultural and rural finance and rural development, execute sovereign and non-sovereign operations for the transformation of agricultural value chains, represent the Bank with external stakeholders, provide sector expertise to the regions by gathering experts who can be consulted by operations and closing the financing gap for private sector-led development of agricultural value chains.
- Objective and Activities of the Assignment Context:
In a context of growing impacts of climate change, the Bank established the Africa Disaster Risk Financing (ADRiFi) Programme with the overall goal to enhance the resilience and response to climate shocks in RMCs by improving the management of climate disaster risks. Future climate projections indicate that one of the most serious consequences of climate change is the likelihood of increased frequency and intensity of extreme weather events. This will have devastating consequences for human wellbeing and the livelihoods of rural people in poor countries. The agricultural sector employs about 60% of the population and represents at least 30% of Gross Domestic Products in most countries in Africa. The sector is made up of smallholder farmers that rely on rainfed farming and are highly vulnerable to climate related events, such as droughts, floods and tropical cyclones. Such events trigger destabilizing situations and cause extensive loss of livelihoods and property in many Regional Member Countries (RMCs).
The ADRiFi Programme’s specific objectives are: (i) to strengthen the capacity of RMCs to evaluate climate-related risks and costs and elaborate subsequent adaptation measures; and (ii) to promote the development and provision of efficient disaster risk financing and climate insurance solutions and support their financing for enhanced preparedness to climate shocks. ADRiFi’s outcomes include: (i) efficient and timely first-response delivery to targeted beneficiaries affected by disasters, and (ii) strengthened resilience to climate-related disasters in RMCs. These outcomes are being achieved through a comprehensive capacity building programme, designed to assist RMCs to quantify and manage their climate risk, and to make informed decisions regarding transferring risk to the market through insurance, as part of a holistic national risk management strategy.
ADRiFi implementation is contributing significantly to the growth and diversity of the pan-African risk pool promoted by the African Risk Capacity (ARC). Eleven countries have joined the ADRiFi programme namely: Burkina Faso, Chad, Comoros, Gambia, Madagascar, Malawi, Mauritania, Niger, Somalia, Sudan, Togo and Zimbabwe. Total direct Bank investment with respect to ongoing programme is currently at USD 55 million. Whilst the initial country projects were developed as stand-alone projects, the newer projects are being embedded in country programmes, to facilitate the integration of disaster risk management into country programmes and to reduce Bank transaction costs in preparing and implementing these projects. This is also in line with the strategy of the Bank to assist countries along the risk continuum, reducing exposure to climate hazard, whilst promoting climate risk transfer mechanisms for residual risks.
Early dividends of the programme include payout to Madagascar and Zimbabwe in 2021 to support beneficiaries in communities affected by drought in the two countries. In 2022, additional payouts are being disbursed to Madagascar (following the impacts of recent disastrous cyclone season) as well as to Malawi , Mauritania, Niger and Zambia (following similar extreme events the 2021 agricultural season). Early lessons learnt include the difficulty of paying the cost of insurance premiums by countries, due to competing development needs and priorities. This has been exacerbated by the Covid-19 pandemic which has shed light on the need for better preparedness against the risks of climate disaster, and the role of insurance for pre-arranging funding for disaster response.
To address the disaster risk financing challenges, the Bank has established the ADRiFi Multi-Donor Trust Fund (MDTF) to support countries in the initial payments of premiums. The Trust Fund is supported by the contributions from the Governments of the United Kingdom, Switzerland the United States of America, Canada and Norway.
Given the above context, the objective of the assignment is to support the implementation of the ADRiFi programme from origination and pipeline development to programme implementation in participating countries. This includes working alongside Bank teams to ensure quality design of new ADRiFi projects, providing regular monitoring and supervision of existing projects, as well as supporting the process for elaborating project completion reports for those country programmes that are coming to an end in 2024.
- Duties and Responsibilities: Business Development for ADRiFi
The key tasks and deliverables to achieve the objectives of this assignment, will include but not limited to the following:
- Engage with French Speaking countries across Africa and originate, structure and develop a strong pipeline of ADRiFi projects (be it stand alone or embedded) and in alignment with the the ADRiFi MDTF operating guidelines and Bank Sovereign Operation guidelines.
- Support the ADRiFi Coordination Unit (CU), by proactively engaging with the Bank’s internal and external stakeholders to promote climate and disaster risk financing and embed ADRiFi activities into Bank operations.
- Support the ADRiFi Coordination Unit in screening, reviewing and evaluating project proposals submitted to the ADRiFi Multi-donor Trust Fund in line with the Trust Fund’s operational guidelines and the Bank’s policies.
- Support the Bank operational teams preparing ADRiFi co-financing projects and guide teams to conduct, analyze and develop the documentation required to access ADRiFi MDTF funding as co-financing to Bank projects.
- Prepare briefing notes, design power point presentations, and help draft concept notes and knowledge products to socialize and present proposed pipeline projects.
- Provide day-to-day technical support to the Fund Manager to execute the Fund’s strategic workplan, procurement, investment plan, supervision, reporting, and general generation and implementation of transactions.
- Qualifications and Experience Required
The Consultant shall demonstrate appropriate qualifications and skills necessary for the assignment as described below:
- A minimum of a Masters’ degree in Finance, Business Administration, Economics, Actuarial, Agricultural Sciences, Development Studies or related field.
- A minimum of seven (7) years working experience, preferably with a track record of climate and disaster risk finance transactions through financial and non-financial intermediaries, including experience in pipeline development, country engagement, project evaluation project management.
- Demonstrated depth of understanding of climate risk management including climate risk financing instruments such as risk transfer, contingent lines of credit as well other relevant risk financing and adaptation measures;
- Excellent technical and financial analytical skills coupled with an established track record in working on public financial management, ex-ante risk financing, with demonstrated understanding climate risk instruments as well as climate risk pools and their challenges and strategic issues.
- Proven ability to manage and deliver products in a timely manner and handle multiple tasks simultaneously;
- Highly effective communication and high level of proficiency in written and spoken French, with a good working knowledge of English.
- Strong knowledge of the African agriculture landscape and agribusiness sector, including context specific issues related to agriculture finance and agriculture risk mitigation and insurance, value chain analysis, markets, opportunities, and innovations.
- Familiarity with the functioning or previous experience with a multilateral development finance institution, a bilateral institution, investment, or insurance company.
- A national of the Bank’s Member Country.
- Administrative and Technical Reporting
The Consultant will be part of the ADRiFi Coordination Unit (CU), which is responsible for the day-to-day management of the ADRiFi activities, under the supervision of the ADRiFi Programme Coordinator.
- Duration of the Assignment
The assignment will be for twelve (12) months with the possibility of extension. The assignment is expected to start in February 2023. Renewal will be subject to budget availability and the Bank’s satisfaction of the consultant’s work.
- Application Process and Establishing of a Shortlist
A shortlist of consultants will be established at the end of the stipulated period of request for expressions of interest. Consultants on the shortlist will be assessed based on the following criteria and on the basis of their updated resume:
| General qualifications and adequacy for the assignment to be | 25% |
| undertaken | |
| Experience in the area of the assignment as shown in work | 55% |
| samples and understanding of the terms of reference | |
| Experience with the Bank and/or other international development | 10% |
| organization | |
| Knowledge of the Region (Africa) | 5% |
| Language proficiency | 5% |
| Total | 100% |
- Eligibility
The position is open to nationals of Member Countries of the African Development Bank Group. Interested applicants are encouraged to send an updated Curriculum Vitae. Selected candidates will be asked to participate in a skills assessment exercise including an online evaluation interview. Only shortlisted candidates will be contacted.
- Remuneration
The Consultant will receive a monthly lump sum. No additional benefits or per diems will be paid. The Consultant is responsible for his/her own health insurance and accommodation costs. The Bank will cover full costs of any required missions and provide per-diem in accordance with rules governing consultant mission travel. The Bank will also cover or reimburse any related costs pre-approved and required to carry out deliverables appropriately.
- Duty Station
The indicated duty station will be Abidjan, Cote d’Ivoire but may be negotiable subject to the Bank’s policy on Working from Home and Return to Office as may apply.
The AHFR Department invites Individual Consultants to indicate their interest in providing the above-described services. Interested Consultants shall provide information on their qualifications and experience demonstrating their ability to undertake this Assignment (documents, work samples, reference to similar services, experience in similar assignments, etc.)
The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Procurement Policy and Procedure for Corporate Consultants Recruitment. Please, note that interest expressed by a consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist.
Interested Individual Consultants may obtain further information at the address below during the Bank’s working hours.
Expressions of interest must be received at the address below no later than Friday, 31st January 2024 at 17:00 GMT.
Please send your email with the following title in the subject line: CDRF Consultant for the
ADRiFi Programme to:
Abdillahi Arab FARAH
Agriculture Finance and Rural Development Department (AHFR)
E-mail : a.farah@afdb.org
With copy to d.singue@afdb.org
Any questions and requests for clarifications may be sent to: a.farah@afdb.org; d.singue@afdb.org
African Development Bank
Agriculture Finance and Rural Development Department (AHFR)
Abidjan, Côte d’Ivoire