Tenders are invited for Diagnostic of Innovative Disaster Risk Financing Instruments for Resilience BuildingThe objective of this consultancy is to undertake a comprehensive diagnostic of existing DRF instruments in BMCs and other small island developing states to recommend appropriate innovative DRF instruments that can be adopted by BMCs The consultancy services will include among other things Risk audit to understand the underlying disaster risk to help inform the selection of innovative DRF instruments Assessment of DRM actions that can be undertaken by BMCs to manage the underlying risks Dimensions of financing need to help determine disaster risk reduction risk retention and risk transfer actions that are appropriate and achievable given the existing constraints capacities and opportunities in the BMCs Selection of DRF instruments to help BMCs determine the most appropriate mix of financing instruments to support efforts to increase financial resilience of national governments businesses households and the most vulnerable to the impacts of disasters CDB now invites interested eligible consulting firms to submit Expressions of Interest for the provision of these consultancy services Consultants shall be eligible to participate if 1 in the case of a body corporate it is legally incorporated or otherwise organised in an eligible country has its principal place of business in an eligible country and is more than 50 per cent beneficially owned by citizen s and or bona fide resident s of eligible country ies or by a body ies corporate meeting these requirements 2 in the case of unincorporated firms the persons are citizens or bona fide residents of an eligible country and3 in all cases the consultant has no arrangement and undertakes not to make any arrangements whereby any substantial part of the net profits or other tangible benefits of the contract will accrue or be paid to a person not a citizen or bona fide resident of an eligible country
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