Consultancy to Assess the potential of key Environmental Trust Funds (ETF) in Belize... Tender

Procurement Summary

Country : Belize

Summary : Consultancy to Assess the potential of key Environmental Trust Funds (ETF) in Belize and develop a strategy for growth and optimization of investment.

Deadline : 30 Sep 2018

Other Information

Notice Type : Tender

TOT Ref.No.: 26921458

Document Ref. No. : 49974

Competition : ICB

Financier : United Nations Secretariat

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP)
Postal Address P.O. Box 53 Third Floor, Lawrence Nicholas Building South Ring Road Belmopan Belize, Central America Telephone numbers: Tel: +501 822-2688/+501 822-0467 /+501 822-2635 Email: registry.bz@undp.org
Belize

Tender Details

The Ministry of Agriculture, Forestry, Fisheries, the Environment, Sustainable Development, Climate Change and Immigration (MAFFESDI) is generally responsible for guiding the sustainable management of Belize's natural resources. This includes, in part, strengthening the policy and institutional framework towards improved biodiversity management through the applicationof innovative finance solutions that will aid in mobilizing resources, improve service delivery, prevent unnecessary future expenditures, and increase funding impact.Multiple Trust Funds have been created in Belize over the years with the aim of providing a long-term sustainable source of funding for biodiversity conservation and environmental management. They haveoften also served as vehicles for bringing together a multitude of stakeholders frequently to prioritize conservation and management actions that also respond to community and other local needs. Aside from direct allocations from general revenue, ETFs have the potential to serve as important vehicle for financing biodiversity and environmental management in Belize.However, improving the management of investments/funding, operations, risks and governance could allow ETFs to play an even greater role in financing biodiversity objectives and results.With financial assistance secured from the Biodiversity Finance Initiative (BIOFIN) and the Capacity-building for the Strategic Planning and Management of Natural Resources in Belize projects, the Government of Belize is Commissioning an evaluation of experiences with current environmental trust funds (ETFs) in Belize as resource mobilization vehicles to biodiversity and sustainable development processes in Belize. Commissioned Works Will assess the pertinence of environmental management and conservation trust funds as models for financing biodiversity conservation and to provide strategic guidance for design and operation of various existing TFs for optimization.The objective of the Review is to l...

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