Annie Spratt, Unsplash
People living in Fragile and Conflict-Prone Regions are currently facing a triple threat as the impacts of COVID-19 and extreme weather caused by climate change amplify food and water security challenges, disasters and geopolitical instability and conflict. Sustainably recovering from the economic and social impacts of COVID-19 and building resilience to these challenges requires innovation and leadership from a wide group of stakeholders, including the private sector.
Despite investment opportunities, private sector actors often face many challenges in Fragile and Conflict-Prone Regions that are difficult to overcome on their own. To meet this challenge and build resilience in the regions that need it most, the Global Resilience Partnership (GRP) is working with the United Nations Development Programme (UNDP) supported by GEF’s Challenge Program for Adaptation Innovation.
GRP is announcing a call for Expressions of Interest (EOI) to identify and nurture a pipeline of novel, viable and fundable financial mechanisms in Fragile and Conflict-Prone Regions. We are requesting EOIs from organisations managing or supporting innovative finance mechanisms operating in Fragile and Conflict-Prone Regions that wish to increase the scale and effectiveness of their financial mechanisms.
Call for Expressions of Interest
Applicants should submit a maximum 600-word statement on how their organisation is eligible, addressing the eligibility requirements outlined in the Guideline for Applicants. The statement should explicitly state the size (in USD) of the innovative finance mechanism that is seeking support. Submissions should be sent to info@globalresiliencepartnership.org by 11.59pm [GMT] on 27 January 2021.
Benefits for Selected Finance Mechanisms
All successful organisations will:
- Benefit from targeted investment support against a business plan to improve the effectiveness of finance mechanisms
- Be supported to develop a clear business plan of how they plan to increase the scale, effectiveness, and impact of these finance mechanisms
- Receive technical assistance from a multi-disciplinary team comprised of experts in the fields of resilience programming, climate adaptation, peace & stability, and micro-finance
- Benefit from peer-to-peer learning with other organisations running and supporting innovative finance mechanisms in Fragile and Conflict-Prone Regions
- Benefit from networking opportunities with UNDP, GRP and with potential donors, investors, and other UN agencies wishing to increase their footprint in resilience building activities in these regions
Timeline
Call for Expressions of Interest
Call opened for submissions: 2 December 2020 – 27 January 2021
Submission window closes: 27 January 2021
Selection
Screening, assessment and selection: January 2021
Implementation
Support: Mid-2021 onwards