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Country: Philippines

Description of the Assignment:

The objective of the GBFF PPG is to develop the project concept into a full project: Philippines Biodiversity Financing Program. As described in the project concept (PPG Request), this project aims to increase public and private sector biodiversity/nature-positive investments through the implementation of the National Biodiversity Finance Plan to support the accelerated achievement of the Kunming Montreal-Global Biodiversity Framework (KM-GBF) aligned Philippine Biodiversity Strategy and Action Plan (PBSAP) targets.

This project will address the following problems:

• Weak institutional capacities to undertake resource mobilization and facilitate partnerships for increased biodiversity financing in support of the implementation of the National Biodiversity Finance Plan;
• Low public and private sector investments for biodiversity financing resulting from non-biodiversity management spending priorities;
• Biodiversity/nature positive investments not benefitting Indigenous Peoples and Local Communities (IPLCs);
• Increasing harmful subsidies in the different sectors, specifically the agriculture sector, with negative biodiversity impacts; and
• Limited stakeholder participation (local governments and the private sector) in projects that encourage biodiversity /nature positive investments.

The project aims to increase public and private sector investments for the accelerated implementation of the National Biodiversity Finance Plan by sustaining, expanding and replicating biodiversity (BD) finance solutions that have been introduced by the Biodiversity Management Bureau (BMB), with support from UNDP’s Biodiversity Finance Initiative (BIOFIN). It will directly support the pre-identified strategies and financial solutions (including OECM financing and BSAPs financing) in the draft NBSAP and associated Financing Plan.

Period of assignment/services: 25 person days

Proposal should be submitted directly in the portal no later than indicated deadline.

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