The scope of this ToR includes :
2.3 Responsibilities and Activities.
The consultant shall perform the following activities :
1. Development of the inception planning report
2. Development of CoP’s electronic platform
2.1 CoP Prototype
The template includes a sitemap, website flow, or user journey. This would be the first step towards information architecture.
The key functional flows will be designed in detail to show exactly how the user performs the main tasks within the product.
These will be the blueprints that illustrate the layout structure of the website and its content component types.
2.2 Pilot test of the CoP
o Newsletter form template.
o Event subscription form template.
2.3 Final implementation and training
o Monitoring until launch.
o Perform the launch-related activities or support the UNEP in the launching of the platform.
o Provide post-launch support during the initial period of operation and be accountable for any malfunction of the solution for at least 6 months after the delivery.
3. CoP’s Communication and knowledge management Strategy
Design, implement, monitor, and evaluate a communication strategy at regional level for the CoP. To do so the consultant can consider the CoP’s core partners and target audience communication channels (financial actors across the financial sector central banks, financial supervisors and regulators for the banking and insurance sectors, and private financial entities, mostly banks and (re)insurers), and those from other UNEP LAC & UNEP FI’s international partners.
The main tasks to develop the strategy are the following, but not limited to :
This roadmap should include a calendar of implementation by activities / deliverables / milestones, and indicators for monitoring and evaluation.
o CoP main videos : an introductory video to Climate Risk CoP initiative of 1 minute maxium, and a 30-second video that will be used as separator in webinars and events.
o Design of infrographics to present the CoP initiative (4 minimum)
o Design of social media templates to present the CoP initiative (6 minimum)
4. Development of Phase 1 : planning and start-up
Based on the needs and expectations of CoP members, the CoP will unfold on different phases. The Phase I planning and start up should run for about 20 months and must envision to set up the base for the CoP for the years to come.
Therefore, the incumbent must develop and aid to execute the Development of Phase I. The main tasks are the following, but not limited to :
a. Knowledge management strategy
Based on qualitative research, the consultant must conduct a demand-driven CoP survey / focus group / round of interviews to identify the following :
i. Challenges and opportunities of climate risks in the regional finance system, and the state of art of this topic among the LAC region plausible CoP members.
ii. Information gap on this topic across the LAC region, same as the data requirements for the users. In particular, what do the users would like to discuss and learn about?
iii. CoP plausible members needs, expectations, technological and financial capacities, their level of knowledge on the topic.
iv. Map the capacities and expertise of plausible CoP (core and non core) members.
v. Identify one or more facilitators to promote participation and model good behavior.
vi. Identify potential synergies and collaborative efforts with other regional and international initiatives on climate financial risks.
b. CoP’s governance mechanisms
i. Define the CoP collaboration model to follow and its characteristics
ii. Define the CoP’s governance mechanisms
iii. Identify the CoP (core and non core members) and their roles
iv. Develop member-driven engagement mechanisms
v. Develop a clear implementation plan / timeline to achieve agreed-upon results
vi. Develop and execute varied learning activities, tools, and resources to capture and share knowledge among sessions
vii. Follow a methodology or metrics for evaluating the community’s performance and incorporating members feedback
5. Development of 3 workshops (online)
The main tasks to develop the workshop are the following, but not limited :
o Aid to design the following materials : concept note, agenda, presentations (ppt)
o Support in the workshops logistics for organizers, speakers, and key panelists
o Facilitate the online workshop logistics and arrange simultaneous translation (if needed English, Spanish, and Portuguese).
o Aid to send letters of invitation to speakers and key panelists and confirm participation.
o Execute a communication package per workshop via website, social media, newsletters, and communications assets (podcasts, infrographics, social media cards).
o Collect speakers, CoP members, and guests feedback on the technical overview and logistics of the workshops (via online surveys).
6. Development of final activities report
and Phase III Enhancing the CoP (May 2024 May 2025).
3. Outputs / Work Assignments
1. Development of the inception planning report
Product No 1 : a document including a inception planning report.
2. Development of the CoP electronic platform
Product No. 2 : Prototype : a document that presents the technological architecture and information systems of the website, logical
development and scripts, including what s detailed in 2.1
3. Development of the CoP electronic platform
Product No. 3 : CoP’s pilot test : a document with the project technical information, including the pilot test with what s detailed in
4. Development of CoP’s Communication Strategy
Product No. 4 : CoP’s communication strategy document with what s detailed in 2.3
5. Development of Phase I : planning and start-up
Product No. 5 : Execution of Phase I : planning and start-up : a document that presents the CoP’s knowledge strategy as state in
activity 4 subsección a); and a second document that describes the CoP’s governance mechanisms as mentioned in subsección
6. Development of 3 workshops (online)
Product No. 6 : Three (3) online workshops : a document per workshop that collects the results and recommendations (technical
overview). Power point presentations templates and final versions, in addition to the agenda (word and pdf), list of participants (in
excel format), social media banners and other promotional material.
7. Development of final activities report
Product No. 7 : A final report that describes best practices and recommendations for Phase II and Phase III. This report should
include a detailed work plan of the CoPs for long term implementation. Work Location
20 months Duties and Responsibilities
The United Nations Environment Programme (UNEP) is the leading 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 UNEP Latin America and the Caribbean Office (ROLAC), located in Panama City, works closely with the 33 countries of the region and.
its activities are integrated into the Medium Term Strategy and the Programme of Work approved by the United Nations Environment Assembly (UNEA).
According to the World Economic Forum (WEF) 2021 Global Risk Report, Climate Change is classified as a catastrophic risk, considering this the most impactful risk and the second most likely long-term risk.
WEF 2021) . The lack of action will result in global temperatures rising by more than 3 C, and the world economy could shrink by 18% in the next 30 years.
At the same time, significant economies could lose roughly 10% of Gross domestic product (GDP) in 30 years (Swiss RE, 2021) .
In particular, according to the Global Commission on Adaptation, climate events are the greatest threat to development gains in the Latin America and the Caribbean (LAC) region.
Given LAC climate change vulnerabilities, the region is prone to climate-related natural disasters, such as tropical storms, floods, droughts, fires, among other consequences.
Climate-related natural disasters have occurred more frequently in recent decades with a significant bearing on the population and the economy.
Climate effects are expected to be increasingly severe and frequent. Therefore, the region also suffers even larger economic losses and social impacts that will accelerate and accumulate over time.
By 2050, it is estimated that 17 million people (2.6% of the total population) could be displaced, and 2.6% of GDP could be lost due to climate events.
This adds to the 1.7% of GDP already lost to climate-related disasters over the past two decades (equivalent to USD$11 billion in economic damage per year) .
Suppose the current trend in temperature increase continues ( 3 C). In that case, the six largest economies in the region (Argentina, Brazil, Chile, Colombia, Mexico, and Peru) could lose on average up to 17% of GDP by mid-century .
The immense magnitude of estimated economic losses due to climate-related risks, along with the rapid materialization of those losses and how nonlinear some of the climate change impacts are, affect not only LAC macroeconomic stability of national economies, but also the financial stability of the financial sector and, therefore, the most relevant activities of central banks, financial regulators and others critical financial market participants, such as insurance companies.
Considering this context, financial actors across the financial sector indisputably recognize unmitigated climate change rises to the level of financial systemic risk, with high-impact and high-probability of occurrence.
Many leading initiatives by central banks and other private financial actors are already underway with more under development - on embedding climate-change data into financial decision-making.
Although the financial sector is becoming aware of the risks and challenges of climate change, attempts to incorporate climate-related risks, as a systemic risk, into risk management are in a very early stage in LAC, given the lack of knowledge, tools, and capacities available in the financial sector related to map climate-related risks onto their portfolios and quantify the financial impact of climate change, added to the absence of regulatory demands.
A recent survey, conducted by UNEP and the Development Bank of Latin America (CAF), among 78 LAC financial institutions, which together hold 54% of the total assets managed by the region's banking sector, revealed that only 38% incorporate climate-change guidelines in their strategy and operations, and only 24% have a policy on climate risk evaluation and disclosure .
however, attempts to incorporate climate-related risks into regulatory frameworks have also stalled given the difficulties of modeling climate change and its financial impacts.
Central banks and financial regulators and supervisors have started to collect the data necessary to assess climate-related risks through engaging with scientists, climate economists and climate local modelers.
However, central banks and financial regulators and supervisors should not wait until achieving a modelling approach that precisely assess climate effects or the exact future course of these risks in the economy and the financial system to halt action today.
The current cost of climate-related risks to the LAC countries’ economies and their financial systems, and these risks are only intensifying over time, is too big for financial regulators to wait.
Given the complex nature of these risks, a significant level of uncertainty will persist. Therefore, it will be crucial to make progress, even if it is initially not perfect, to safeguard the financial system from these risks and prepare the financial institutions for the opportunities that come along with the transition towards a low-emission and climate-resilient economy.
To reduce the barriers that the financial actors in the 33 countries of Latin America and the Caribbean are currently facing to implement the needed strategic approach to address climate-related financial risks, UNEP LAC Office and United Nations Environment Programme Finance Initiative (UNEP FI) will launch a Community of Practice (hereinafter CoP).
The CoP will promote open discussion, build capacity, and share knowledge and best practices between financial actors across the financial system to encourage a deeper understanding of the implications of climate-related risks for the LAC economies and their financial systems, and how in practice the financial sector can take immediate action against these risks.
Such a platform will reinforce the case for an urgent, ambitious, and coordinated action between policymakers, central banks, financial regulators and supervisors, and financial entities.
The CoP aims to help users to :
In this sense, the Climate Change unit is looking for hiring a Community of Practice Development Consultant who will be supervised by the Programme Management Officer for Climate Finance within the Climate Change Unit at UNEP’s ROLAC Office and will work from home.
Qualifications / special skills
Academic Qualifications :
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