Unep Finance Initiative
Vor 7 Tagen
Result of Service
The ultimate result of the services is the effective and efficient management, delivery and implementation of the SIF global work programme in Latin America and the Caribbean (LatAM) region.
Work Location
Geneva (remote working arrangement possible)
Expected duration
12 months
**Responsibilities**:
The United Nations Environment Programme (UNEP) is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment.
The overall objective of the UNEP’s Economy Division is to encourage decision makers in government, local authorities and industry to develop and adopt policies, strategies and practices and technologies that promote sustainable patterns of consumption and production, make efficient use of natural resources, ensure safe management of chemicals and contribute to making trade and environment policies mutually supportive. It promotes the development, use and transfer of policies, technologies, economic instruments, managerial practices and other tools that assist in environmentally sound decision making and the building of corresponding activities.
The United Nations Environment Programme Finance Initiative (UNEP FI) is the strategic partnership between the United Nations and over 400 banks, insurers and investors. For over 29 years UNEP FI has been shaping and driving the international sustainable finance agenda, setting global standards and growing a global network of leading financial institutions. Through its work-streams and regional activities, peer learning, methodology development, training and research, UNEP FI carries out its mission to help the financial industry align with and contribute to the Sustainable Development Goals and with that take on the crucial role it must play in achieving a sustainable future.
Founded in 2012, UNEP’s Principles for Sustainable Insurance (PSI) serves as a global framework for the insurance industry to address environmental, social and governance (ESG) issues. The PSI is the largest collaborative initiative between the UN and the global insurance industry with more than 200 organisations, including insurers which represent about one-third of world premium.
At the 2021 UN Climate Change Conference (COP26), the V20—55 climate-vulnerable economies with a total population of 1.4 billion—launched the V20-led Sustainable Insurance Facility (SIF). The SIF is a project pipeline development facility to assist V20 economies in scoping the financial protection needs of micro, small and medium-sized enterprises (MSMEs). It aims to deliver climate-smart insurance solutions that build resilience of MSMEs and support transition to a net-zero economy. The SIF facilitates project concept and proposal development under the leadership of V20 finance ministers.
The overarching aim of the SIF Project Office is to develop a minimum of 14 SIF proposals spanning 12 V20 countries. The SIF Project Office is hosted by PSI and funded by the German Federal Ministry for Economic Cooperation & Development (BMZ). The core team of the SIF Project Office will be made up of one Global Coordinator, this operations role, a communications specialist, a product specialist, and three regional climate and disaster risk finance & insurance (CDRFI) experts—one for each of the following regions: Asia-Pacific, Africa & the Middle East & the Middle East, and Latin America & the Caribbean.
The PSI-hosted SIF Project Office is funded by the German Federal Ministry for Economic Cooperation & Development (BMZ).
Under the direction and supervision of the PSI Programme Leader and while working directly with the V20 SIF Global Coordinator, the Consultant will manage the activities of the SIF Project Office in Latin America and the Caribbean, including liaising with the V20 Secretariat, donors and partner organisations.
The Consultant will develop demand-driven proposals and projects for climate-smart risk transfer for MSMEs, gaining the endorsement of relevant V20 finance ministries with the support of SIF, PSI, and V20. Projects will be based on scoping missions, in-country consultations with key stakeholders, and field missions in support of needs-based project design. Consultant will have a hands-on role from concept development to financing by a third-party.
The Consultant will also engage in regional and international forums relevant to climate-smart insurance for MSMEs and streamline SIF implementation activities within the international implementation architecture, including the members of the InsuResilience Program Alliance.
V20 SIF Latin America and the Caribbean work programme
The Consultant will be responsible for a work programme which includes the following objectives and deliverables:
Objective 1: Project Development in Latin America and the C
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