Expression of Interest for Feasibility Study for the Expansion of CCRIF within the Context of Disaster Risk Financing and other Innovative Forms of Financing

Feasibility Study For The Expansion Of Ccrif Within The Context Of Disaster Risk Financing And Other Innovative Forms Of FinancingThe Consulting Services The Services Is For The Development Of An Expansion Study For Ccrif Spc The Following Sets Out A List Of Activities That The Consultant Is Expected To Undertake In Fulfillment Of This Feasibility Study A Stakeholder Analysis To Assess The Disaster Risk Management Drm Gaps Needs And Challenges Among Caricom And Cosefin Members Focusing On Country Risk Information And Identification Financial Protection Strategies Review Findings Of The Disaster Risk Financing Studies Produced By The World Bank And Other Multilateral Organizations Which Have Assessed Drm And Drf Gaps Across The Region In Sovereign Countries As Well As Overseas Territories To Identify Potential Roles For CcrifAn Assessment Of The Country And Regional Programmes Of Various Development Partners Engaged In The Caribbean And Central America And Possible Areas In Which Ccrif Can Establish A Long Term Cooperation Or Provide A Competitive AdvantageA Review Of Innovative Financing Instruments E G Blue Bonds Green Bonds Blended Financing Debt For Nature Swaps Resilience Bonds Etc That Could Be Recommended For Use By Ccrif To Build Out And Enhance The Facility S Current Capital OutlayThe Possible Role That Ccrif Could Play In Broader Disaster Risk Financing Across The Region As It Relates To Working With The Private Sector To Offer Parametric Insurance Products Such As Microinsurance Products Or Hybrid Products Or Capital Markets Instruments An Assessment Of Additional Parametric Insurance Products That Ccrif Can Develop As Demanded By Members Or Which Could Be Introduced To MembersAn Assessment Of Innovative Financing Facilities Such As The Green Climate Fund That May Be Possible For Ccrif To AccessAn Assessment Of New Geographic Locations That Ccrif Could Provide Technical Services And Support To And The Rationale For Same Making Reference To Risk Pooling And The Accompanying OpportunitiesAn Assessment Of The Regulatory And Institutional Requirements To Support An Expanded Mandate For Ccrif Beyond The Provision Of Parametric InsuranceReview Of The 2020 Capacity Assessment Report Highlighting New Areas Of Expertise Required For Implementation Of The Expansion PlanA Detailed Analysis Of The Rationale And Level Of Donor Support Needed And Approaches To Reduce The Cost Of Coverage On A Short Medium And Long Term BasisDevelopment Of A Business Plan For Ccrif Spc Summarizing The Demand Assessment Economic Environment And Market Conditions Including 5 Year Financial Projections And Financial Analysis The Business Plan Should Include A Full Description And Justification Of Any New Initiatives Relating To Products Risk Transfer Instruments Along With The Rationale For Expansion And Inputs From Ccrif Investment Income As Well As Cost Elements Such As Risk Transfer Claims Estimations And Administrative Costs The Business Plan And Financial Projections Should Demonstrate The Capital Requirements Over A Five Year Period And A Basis For Donor Funding Through Grants Low Cost Debt Or EquityThe Firm Must Demonstrate In A Well Detailed Proposal The Following Experience And Expertise Each Team Member Assigned To The Consultancy Should Possess An Advanced Degree Master S Degree In Management Public Administration Law Political Sciences Economics Or Related Fields Or Undergraduate University Degree With Relevant Combination Of Professional Training Certification And Experience May Be Accepted In Lieu Of The Advanced University Degree The Lead Team Members Must Possess A Minimum Of Ten 10 Years Of Progressively Responsible Experience In The Field Of Business Management Public Administration Developmental Strategy Including At Least Five 5 Years Working With Government Agencies And Or International Organizations A Minimum Of 5 Years In Depth Knowledge And Demonstrated Experience In Conducting Feasibility Studies And Business Expansion PlansFamiliarity With The Disaster Risk Landscape In Central America And The CaribbeanThe Services Are Expected To Commence In February 2021 Upon Execution Of The Contract And The Expected Level Of Effort Loe Is 55 Days Over A Two Month Period The Specific Dates For Deliverables Will Be Agreed By Contract The Specific Dates For Deliverables Will Be Agreed During The Negotiation Of The Contract The Detailed Terms Of Reference Tor For The Assignment Can Be Found Below Ccrif Spc Now Invites Eligible Firms To Indicate Their Interest In Providing The Services Interested Firms Should Provide Information Brochures Description Of Similar Assignments Experience In Similar Conditions General Qualifications And Number Of Key Staff Etc Demonstrating That They Have The Required Qualifications And Relevant Experience To Perform The Services Interested Firms Are Required To Declare Conflicts Of Interest

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