Addressing climate change and meeting the SDGs requires mobilization of all resources and a gradual shift of financing models from “conventional” to “sustainable”.Īgainst this background, multiple UN agencies (UNDP, UNEP FI, WFP, UN-Habitat, UNDRR), together with the League of Arab States and the Arab Water Council have initiated a new regional project (SDG-Climate Facility Project) that aims to enhance the capacity of regional and national institutions to address climate change in a way that brings benefits across multiple goals, while also reducing the impacts of conflict and crises. The Sustainable Development Goals, the Paris Agreement on Climate Change, and the Sendai Framework on Disaster Risk Reduction have stressed that, for development to be sustainable and resilient to shocks, it must integrate climate change and disaster into short-term responses and long-term planning. Moreover, the region has a vested interest in the implementation of the sustainable development goals (SDGs) in particular those that help deal with the interlinked water-energy-food challenges, and goals that foster the Agenda 2030 in general. UNEP FI is strongly engaged in the Middle East and North Africa, where the physical impacts of climate change pose a major challenge, particularly sea level rise, heat stress and water scarcity, which have dire consequences on food production and energy generation.

UNEP FI and the Middle East & North Africa region 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. For over 28 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. The United Nations Environment Programme Finance Initiative (UNEP FI) is a strategic partnership between the United Nations and over 400 banks, insurers and investors. 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 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. 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 consultant will coordinate between all the relevant project partners, as well as identifying and seizing opportunities to promote outreach and visibility of the project. The hosting institution will be UNEP FI, in close liaison with UNDP. Finally, the consultant will develop pitches for each of the shortlisted investment opportunities to be presented at ACRIF and 2 other relevant private sector roundtables and/or public/private marketplace forums. The consultant is also expected to identify and map relevant institutions that could be interested in supporting, marketing and financing the shortlisted investment opportunities. The consultant is then expected to further develop the shortlisted 5 investment opportunities, including financial and non-financial data, metrics and modelling.

The consultant is required to identify up to ten possible investment opportunities in climate-related adaptation and resilience with high-level financial and non-financial data for shortlisting by UNEP FI and UNDP.

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