Consultancy: Support to Haiti Development Impact Bond (DIB) Preparation and Launch

United Nations Children's Fund (UNICEF)
New York, NY, United States
Position Type: 
Consultancy
Organization Type: 
International Organization
Experience Level: 
Senior (10+ Years)
Degree Required: 
Advanced Degree (Master's or JD)
Languages Required: 
English and French

EXPIRED

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Background & Rationale

Following the tracing of the current cholera epidemic in Haiti to the UN Peacekeeping camp in Mirebalais,[1], the elimination of cholera in Haiti is high on the UN’s agenda.  In 2017, UN Resolution A/RES/71/161 called on UN and other organisations to support a two-pronged strategy of eliminating cholera from Haiti and providing material assistance and support to those Haitians most directly affected by cholera[2]’[3]. In 2018, on the sidelines of the HLPF in New York, USAID Mission and UNDP hosted a session with the President of Haiti to bring attention to the issue of cholera in Haiti, and the need for innovative financing to bring a permanent solution to cholera on the island.  Given the declining humanitarian aid available to Haiti, a Development Impact Bond (DIB) has emerged as the most favorable financing mechanism, whereby donors pay according to the success of the intervention: (1) working capital is provided by investors to the implementing partners, (2) services are delivered and cholera is eliminated, (3) the results are validated by an independent validator, and (4) investors are repaid the capital with interest by the outcome funders (see diagram). UNICEF has been identified as the critical UN partner to be the Lead Implementing Partner for the DIB due to its credibility and experience as lead agency in the cholera response in support to the Government of Haiti, since 2013.

With gathering interest from both outcome funders and investors, the DIB is planned for launch in January 2020. Considerable effort is still required to coordinate the development of the financing mechanism with financiers and funders, to establish the fund with UNDP, to develop the bond-related programmatic metrics agreeable to all parties, and to ensure the ownership from the Government of Haiti and other relevant stakeholders.  Also, a transition of the coordination of the DIB, once established, is needed to the Haiti Project Management Unit (PMU) under UNICEF.

To be successful, and as lead implementing partners, several key parts of UNICEF such provision of lead technical expertise, support to analysis, reporting and advocacy efforts including risks analysis and mitigation need to be well guided pull together (see table below) and coordinated with a range of other players, including the outcome funders, investors, UNDP, the UN Special Envoy’s Office to Haiti, and legal and financing experts employed by partners.

Purpose

The purpose of this consultancy is to ensure high quality technical expertise / support to support the finalization of the strategy documents, the discussions and negotiations with outcome funders and investors, the launch and follow-up of a Development Impact Bond for the elimination of cholera in Haiti.

Expected results

Together with SG’s Special Envoy for Haiti, UNICEF HQ and Haiti Country Office, under the guidance of Programme Division Director and PD-WASH, and working with partners, the consultant is expected to provide the following support (not necessarily in chronological order). Given many of these tasks are already being worked on, the consultant will take many of these to completion, and other tasks will be added as they are identified.

  • Finalize strategy documents and operational plan
  • Oversee the finalization of the budget per intervention, and of the PMU
  • Liaise with investors and outcome funders and answer questions, as required
  • Coordinate the finalization of the project logframe following discussion with investors and outcome funders
  • Ensure ownership of the interventions by the Government of Haiti, to assure success of the interventions
  • Work with other Management Consultants, leading the finalization of the Development Impact Bond  Term Sheet
  • Assist in the establishment of governance mechanisms, and help in the organisation of meetings of the steering group.
  • Support negotiations with HCO, HQ and UNDP in preparation of the legal contract between UNDP (as Trustee) and UNICEF-HCO (as lead implementing partner) Oversee baseline estimates survey of the evaluator, together with HCO
  • Prepare briefing notes for management, maintain documentation and ensure information flow within UNICEF and among partners. 
  • Support UNICEF internal coordination, UN coordination, and UN-partner coordination, as well as monitoring and capacity development
  • Support Special Envoy in tracking elimination of cholera in Haiti and launch of development impact bond.   
  • Document the early experiences with the DIB for publication by UNICEF

Depending on the progress and success of the DIB preparations and launch, it is possible a contract extension or amendment is required during this contract. In such a case, alternative financing mechanisms and sources will be needed to ensure the financial continuity of the Government of Haiti and UNICEF programmes on cholera control. Under such a scenario, a reorientation of the consultant’s work will take place under mutual agreement.

Duty Station  NYHQ and Haiti

Timeframe 

Start date: 15 September 2019 

End date: 30 May 2020   

Deliverables

  • Technical Expertise for finalization of the Haiti DIB Design
    • Finalize strategy documents and operational plan and payment metrics of impact bond
    • Oversee the finalization of the budget per intervention, and of the PMU
    • Work with other financial management consultants leading the finalization of the Term Sheet
    • Assist in the establishment of governance mechanisms, and help in the organisation of meetings of the steering group and operations taskforce
  • Coordination
    • Liaise with investors and outcome funders, UN partners at all levels   and answer questions, as required
    • Coordinate the finalization of the project logframe following discussion with investors and outcome funders
    • Communication with Government of Haiti to ensure ownership of the interventions and assure success
    • Support UNICEF internal coordination, external coordination with other UN partners and non-UN -partners
  • Documentation and reporting
    • Oversee baseline estimates survey of the evaluator, together with HCO
    • Monthly progress report and mission reports
    • Maintain documentation, prepare briefing notes and ensure information flow with Special Envoy of Haiti  
    • Document the early experiences with the DIB for publication by UNICEF

Key competences, technical background, and experience required Deadline

  • Masters Degree in an international development topic
  • (At least) ten years relevant development experience, including regional and global levels (see experience)
  • Prior experience in most of the following domains:
    •  water, sanitation and hygiene or health systems in developing country contexts (minimum 5 years);
    • innovative financing modalities;
    • organising/leading multi-layered, multi-stakeholder processes; and
    • coordination of senior representation of missions/agencies
  • Prior cholera control experience is a plus
  • Good track record in team working and communications
  • Writing and documenting skills
  • Fluent in English and French

UNICEF is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.

Please indicate your ability, availability and daily/monthly rate (in US$) to undertake the terms of reference above (including travel and daily subsistence allowance, if applicable). Applications submitted without a daily/monthly rate will not be considered.

At the time the contract is awarded, the selected candidate must have in place current health insurance coverage.

Only shortlisted candidates will be contacted and advance to the next stage of the selection process

For every Child, you demonstrate…

UNICEF’s core values of Commitment, Diversity and Integrity and core competencies in Communication, Working with People and Drive for Results. View our competency framework at: Here

UNICEF is committed to diversity and inclusion within its workforce, and encourages all candidates, irrespective of gender, nationality, religious and ethnic backgrounds, including persons living with disabilities, to apply to become a part of the organization.

UNICEF has a zero-tolerance policy on conduct that is incompatible with the aims and objectives of the United Nations and UNICEF, including sexual exploitation and abuse, sexual harassment, abuse of authority and discrimination. UNICEF also adheres to strict child safeguarding principles. All selected candidates will, therefore, undergo rigorous reference and background checks, and will be expected to adhere to these standards and principles.