REQUIRED DOCUMENT FROM HIRING UNIT

Transcription

1 Terms of reference GENERAL INFORMATION Title: Consultant for Writing on the Proposal of Zakat Trust Fund (International Consultant) Project Name: Social and Islamic Finance Reports to: Deputy Country Director, Technical Advisor () Duty Station: Home based Expected Places of Travel (if applicable): To Jakarta for 5 days Duration of Assignment: 20 working days within August - September 2017 REQUIRED DOCUMENT FROM HIRING UNIT x TERMS OF REFERENCE 8 CONFIRMATION OF CATEGORY OF LOCAL CONSULTANT, please select: (1) Junior Consultant (2) Support Consultant (3) Support Specialist (4) Senior Specialist (5) Expert/ Advisor CATEGORY OF INTERNATIONAL CONSULTANT, please select: (6) Junior Specialist (7) Specialist (8) Senior Specialist x APPROVED e-requisition REQUIRED DOCUMENTATION FROM CONSULTANT x Completed CV or P11 with at least three referees x Copy of education certificate x Completed financial proposal x Completed technical proposal Need for presence of IC consultant in office: partial (explain): the presence of the consultant will be required only during briefing, discussion with programme staff and presentation which will be in UNDP Country Office (Jakarta) intermittent (explain) full time/office based (needs justification from the Requesting Unit) Provision of Support Services: Office space: Yes No Equipment (laptop etc.): Yes No Secretarial Services Yes No If yes has been checked, indicate here who will be responsible for providing the support services:

2 I. BACKGROUND The Sustainable Development Goals (SDGs) differ from their predecessor, the Millennium Development Goals, in several important ways: Agenda 2030 is much wider in scope, going beyond the predominantly social goals of the MDGs and more fully incorporating environmental and economic sustainability, along with the aspiration of peaceful and inclusive societies. The agenda is more ambitious, seeking to eliminate rather than reduce poverty. It also is a universal agenda, applying to all countries and all people. Achievement of the SDGs can be one of the biggest achievements of humanity in the next decade. SDGs are an opportunity to which the whole world has signed up. SDGs are global goals but they are also nationally-owned. There is huge momentum and energy surrounding the SDGs, with strong ownership and a will to work with partners across the Government, private sector and civil society. Between $3-4.5 trillion is needed in the developing world to deliver the SDGs. Current investment in healthcare, education, sanitation, access to energy and all the sectors covered in the SDGs is around $1.4 trillion, creating an average investment gap of about $2.5 trillion, according to a UN World Investment Report. Working together is the only way to fill the financing shortfall. One of innovative approach would be Islamic finance such as Zakat. The value of zakat globally estimated to reach $200 billion to $1 trillion annually. Zakat is Islamic charitable giving and one of the five pillars of Islam. It is an obligation within Islam for all Muslims who are able to pay it to donate 2.5% of their accumulated wealth or income for the benefit of the poor or needy. Zakat aims to provide services, benefits and improve welfare for the needy. Hence, zakat has an important role to play in addressing the generally-higher poverty and hunger levels witnessed in countries with large Muslim populations, for the most part located in Africa and Asia In this context, Indonesia is the fourth most populous country in the world, and as a country with 85 percent Muslims, it is also the largest Muslim-majority country. Zakat will play a major role in supporting SDG in Indonesia with Baznas, the State Zakat Authority, confirmed their commitment by signing MOU with UN HQ in NY in September 2016 and subsequently with UNDP in April A large percentage of Indonesians regularly contribute zakat. Zakat in Indonesia has the potential to contribute $16 billion (217 trillion rupiah) per year, which is equivalent to 1% of the Indonesia s GDP. However, to date, the contribution channeled formally is only 1.2% of that potential, and most zakat is channeled informally. Therefore, the domestically mobilized zakat resources must be supplemented by resources mobilized internationally. A possible instrument for this purpose would be zakat trust fund. In this platform, resources are mobilized from foreign government and private sector into a sharia compliant trust fund and thereafter channeled for implementing SDGs related projects in Indonesia. Purpose The project aims to explore new partnerships and vehicles for development. It will first assess the potential of Zakat trust fund in Indonesia as a tool for social and environmental development financing. It will also analyze and map the social and Islamic finance environment including stakeholders and the internal UNDP environment, establish connections between sector actors through platforms and a fund to stimulate and catalyze private investment. Hence, the project will also which will broaden UNDP s portfolio and strengthen its role in facilitating the achievement of the SDGs in Indonesia. Context and relevance of required services In light of the development of these on-going projects, the UNDP Indonesia needs immediate support to maintain the current momentum and ensure both the rapid assessment and development of the Zakat Trust Fund proposal in Indonesia. Hence, support is needed for

3 assessment and analysis, stocktaking as well as engaging with stakeholders and writing up final proposal. II. SCOPE OF WORK, ACTIVITIES, AND DELIVERABLES Scope of Work This assignment is a home-based assignment that requires consultation with selected target (UNDP programme/project staff and stakeholders in Jakarta) and to be completed within 1 month starting from 1 June The consultant will write Zakat Trust Fund draft proposal for UNDP Indonesia for pitching to Islamic institution which contains design and strategy, i.e. how the trust fund would work, its governance, resource mobilization, how funds would be spent. Outline for the report will be developed by the consultant in consultation with the Technical Advisor for. This outline need to be approved by the Deputy Director. Subsequently, the consultant need to gather information from desktop research and taking inputs from programme managers. Inputs from UNDP global/ national staff and other stakeholders can also be gathered by direct consultations and discussions. The Technical Advisor for Innovative Financing will facilitate these consultations. All the information will be compiled by the consultant and presented as first draft of the report for revision and addition. Deliverables/ Outputs Estimated number of working days Completion deadline Review and Approvals Required Outline of proposal of Zakat Trust Fund First Draft of proposal as a Word document, including Table of Contents, Executive Summary, charts, photo captions and credit information Second/Revised Draft proposal (accommodated initial comments and inputs) as a Word document, including Table of Contents, Executive Summary, charts, photo captions and credit information 2 days August 2017 Technical Advisor for 14 days August 2017 Technical Advisor for 2 days August 2017 Technical Advisor for Final Proposal of Zakat Trust Fund 2 days September 2017 Deputy Country Director Total 20 days

4 III. WORKING ARRANGEMENTS Institutional Arrangement The Consultant will be supervised by and report to the Technical Advisor for who will also carry out a performance evaluation at the end of the assignment. Duration of the Work 20 working days (July 2017 August 2017) Duty Station Home based Expected Places of Travel (if applicable): A one-time meeting in Jakarta (5 days) with Senior Management for briefing and discussion with programme staff and discussion to gather comments and inputs. Travel Plan Below is an indicative travel plan for the duration of the assignment. The Consultant will be required to travel to the below indicated destinations and include the relevant costs into the proposal. There may be also unforeseen travel that will come up during the execution of the contract which will be agreed on ad-hoc basis. No Destination Frequency Duration/days 1 Jakarta 1 or 2 5 or 7 days III. REQUIREMENTS FOR EXPERIENCE AND QUALIFICATIONS Academic Qualifications: Minimum Master s Degree related to Islamic Finance, Islamic Economics or any background from Social Sciences Years of experience: A minimum of 6 years (PhD) or 15 years (Master) of professional experience at national and international levels in development reporting, proof of advanced writing skills, portfolio of report writing for development agencies, ability to work in the multicultural environment. Demonstrated experience in writing and production of quality proposals Previous experience in Islamic finance and financial development field in Indonesia is an asset III. Competencies and special skills requirement: Core competencies: commitment, drive for results, and integrity Functional competencies: analytical and conceptual thinking, refined writing skills

5 IV. EVALUATION METHOD AND CRITERIA Individual consultants will be evaluated based on the following methodology: Cumulative analysis using weighted scoring method will be applied to evaluate the applicant. The award of the contract will be made to the individual consultant whose offer has been evaluated and determined as: Responsive/compliant/acceptable with reference to TOR, and Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation. * Technical Criteria weight; 70% * Financial Criteria weight; 30% Only candidates obtaining a minimum of 70 point would be considered for the Financial Evaluation Criteria Weight Maximum Point Technical 0 Criteria A: qualification requirements as per TOR: 1. Minimum Master s Degree related to Islamic Finance, Islamic Economics or any background from Social Sciences 2. A minimum of 6 (PhD) or 15 (Master) of professional experience at national and international levels in development reporting, proof of advanced writing skills, portfolio of report writing for development agencies, ability to work in the multicultural environment. 3. Demonstrated experience in writing and production of quality proposals 4. Previous experience in Islamic finance or financial development field in Indonesia is an asset Criteria B: Brief Description of Approach to Assignment 30. Understand the task and applies a methodology appropriate for the task as well as strategy in a coherent manner Important aspects of the task addressed clearly and in sufficient detail Logical, realistic planning for efficient project implementation