Financing Strategy Consultant

  • Short-term contract assignment
  • Posted on 26 February 2020

Job Description

At the heart of Pact is the promise of a better tomorrow. A nonprofit international development organization founded in 1971, Pact works on the ground in nearly 40 countries to improve the lives of those who are challenged by poverty and marginalization. We serve these communities because we envision a world where everyone owns their future. To do this, we build systemic solutions in partnership with local organizations, businesses, and governments that create sustainable and resilient communities where those we serve are heard, capable, and vibrant. Pact is a recognized global leader in international development. Our staff have a range of expertise in areas including public health, capacity development, governance and civil society, natural resource management, poverty, fragile states, monitoring and evaluation, small-scale and artisanal mining, microfinance and more. This expertise is combined in Pact’s unique integrated approach, which focuses on systemic changes needed to improve people’s lives.

Department

Program Delivery (PDEL) - Pact exists to help create a world where those who are poor and marginalized exercise their voice, build their own solutions, and take ownership of their future. The Program Delivery Team, contributes to realizing this purpose by: Forging smart partnerships and treating all people with dignity and respect; Applying organizational policies and regulatory compliance appropriately and consistently; Facilitating team spirit among colleagues and promoting the organization through communications; Influencing decision makers through focused, relevant communications; Continually striving to learn and share knowledge and find small ways to make the workplace more enjoyable for all; Cultivating and harvesting innovation; Contributing to the organization’s ability to think and act strategically at all times; Inspiring and spreading our desired organizational culture across the global enterprise.

Position Overview

The USAID Hay Tao Program is part of the USAID/Madagascar Conservation and Communities Project (CCP), which aims to conserve biodiversity and secure natural resources while promoting resilient livelihoods. The primary goal is to improve and strengthen local outcomes by creating a supportive and enabling environment based on strong policy and legal frameworks, competent and accountable government agencies, and effective participation of CSOs and communities.

As part of its Strategic Approach 3, USAID Hay Tao seeks to develop innovative financing options for protected areas (PA) to improve biodiversity management. USAID Hay Tao will work with foundations supporting Madagascar’s PA system and biodiversity to strengthen them in carrying out their respective missions. An agreement was signed with Tany Meva Foundation and an action plan established to develop and strengthen their respective capacities, including financial sustainability and the establishment of a pluriannual financing strategy.

Established in 1996, Tany Meva Foundation is the first Malagasy environmental foundation and recognized as a public utility. As financial institution, Tany Meva mobilizes and allocates funds for communities through economic, social and environmental development initiatives in favor of sustainable natural resource management. Tany Meva also supports research and innovation and contribute to the achievement of international conventions.

Along with USAID Hay Tao, Tany Meva is aware of challenges and issues of sustainable conservation financing in Madagascar and the fundamental roles that environmental foundations can play as sustainable financing institutions for conservation initiatives. In addition, the global momentum in promoting innovative financial instruments for conservation is a serious option that can be used by both entities to strengthen the capacity to support sustainable development in Madagascar.

Tany Meva is currently preparing the fifth Strategic Plan (PS5) that will cover 2022-2026 and are seeking an international consultant to set up a financing strategy to achieve the objectives of the PS4 and to establish PS5 in financing mobilization.

Through its fourth Strategic Plan (PS4) from 2017-2021, Tany Meva gives new directions to its actions. The document includes three strategic objectives which are:

  1. Financing themes aligned with Sustainable Development Goals (SDGs) through the financing of community-led projects.
  2. Tany Meva recognized for good governance.
  3. Increase the average annual financing capacity from $700,000 to $1,200,000 USD by developing/ implementing a fundraising strategy and by revising the investment policy

According to the PS4, the financing strategy should :

  • Increase the endowment fund from $13M to $20M USD.
  • Triple the amount of the sinking fund and the partnership fund to a cumulative amount of $6M USD.
  • Strengthen the communication and partnership system.

The overall goal of this consultancy is to establish a financing strategy to strengthen the financial sustainability of Tany Meva Foundation.

The specific objectives include:

  1. Assess existing financing mechanisms, means to disburse funds (e.g. small grants program, and financing needs) and test feasibility and prerequisites of appropriate identified innovative financing mechanisms with selected stakeholders and experts through interviews and targeted workshops.
  2. Synthesize findings into financing pluriannual strategic plans (2020-2026) to support Tany Meva Foundation in fulfilling its long-term mission of contributing to Sustainable Development Goals (SDGs).
  3. Mapping of donors/stakeholders and list of pertinent opportunities with proposition of priority order and preparatory actions.

Key Responsibilities

General Methodology

  • Meeting with the USAID Hay Tao team.
  • Reviewing global case studies on sustainable financing mechanisms for foundations that support protected areas and/ or communities living around protected areas (to be developed prior to commencement of this consultancy).
  • Reviewing documents and existing data on innovative conservation finance, Tany Meva strategic documents, etc.
  • Meeting with the Tany Meva staff.
  • Visiting Tany Meva intervention zones to analyze grants management and impacts on communities.
  • Identification and proactive outreach of major donors and financing opportunities.
  • Setting up a potential donor mapping and stakeholders database including specificities, call for proposals schedules, criteria, eligibility conditions, etc.
  • Organization and participation in the financing assessment and financing strategic plan establishment workshops.
  • Drafting the Tany Meva Foundation’s financing strategy, including innovative finance mechanism access analysis and opportunities prioritization.

Deliverables

  • A financing strategy covering, at a minimum, 2020-2026 including:
    • Mid-term review of the Tany Meva Strategic Plan 4.
    • Short and medium term (6-24 months) recommendations/orientations until 2021.
    • Global and key reorientations for the new Strategic Plan 5 (2022 – 2026).
  • Potential donor mapping and priority propositions with short term actions for the Foundation.

Basic Requirements

  • International Master’s degree in finance, conservation, environmental study or related fields
  • Successful and proven fundraising and financing experiences.
  • Demonstrated knowledge of conservation finance issues around the world, in Africa and/or Madagascar.
    • Relevant international experiences related to conservation trust funds and innovative finance for conservation.
    • Strong experience of engagement with institutional donors and good knowledge of the institutional landscape of public donors work and procedures.
  • Excellent organizational, research and analytical skills.
  • Fluency in French and English (written/oral), knowledge of other languages is a major asset.

Period of Performance: This consultancy is expected to take place during in March 2020; the duration of the consultancy is 20 days with 10 – 15 days expected on STTA in Madagascar.

About the Organization

At the heart of Pact is the promise of a better tomorrow. The promise of a healthy life. Of a decent livelihood. Of sustainable natural resources that benefit communities. Now more than ever in its 42-year history, Pact is helping millions of people who are poor and marginalized discover and build their own solutions and take ownership over their future.
Pact enables systemic solutions that allow those who are poor and marginalized to earn a dignified living, be healthy, and take part in the benefits that nature provides. Pact accomplishes this by strengthening local capacity, forging effective governance systems, and transforming markets into a force for development.

Pact is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity or expression, marital status, disability, genetic information, age, citizenship status, genetic information, matriculation, family responsibilities, personal appearance, credit information, tobacco use (except in the workplace), membership in an employee organization, or other protected classifications or non-merit factors.

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