Europe aid: Innovative financing for Development and budget support (Tender)

Abstract:

LOT 6: Innovative financing for DevelopmentTECHNICAL DESCRIPTION1. Economic, financial, technical and legal experts on Finance Products and Structures (different forms, different objectives)1.1. Structured Funds1.2. Project Finance and Public Private Partnerships1.3. Corporate Finance1.4. MSME (Micro, Small & Medium Enterprises) Finance1.5. Equity, quasi-equity, mezzanine finance products1.6. Guarantee, insurance, and other risk sharing mechanism (set-up and management)1.7. Risk (public, commercial; financial, non-financial) analysis and assessment, rating methodology, risk pricing for finance products and structures; risk management and portfolio approaches for self-sustainable finance solutions; risk tranching/ layering/ water fall mechanisms; risk mitigation vs. risk-sharing1.8. Local currency finance1.9. Disaster risk reduction finance mechanism, resilience enhancing mechanisms1.10. Bonds and securitisation2. Economic, financial, technical and legal experts on Financiers/Risk Takers2.1. Role of private sector investors: international, national, local2.2. Role of local finance markets, local banks, micro finance institutions2.3. Role of export credit agencies2.4. Role of insurance industry (international, national)2.5. Role of institutional investors (public, private, pension funds)3. Economic, financial, technical and legal experts on Markets and financing needs/gaps3.1. Public policy objectives (development impact) and private market interests (profits)3.2. Definition of markets and of market failure3.3. Definition and assessment of additionality, crowding-in and crowding out3.4. Assessment of economic and financial viability vs. need for grants; financial and economic project sustainability3.5. Rationale for the use of grants as incentives/to fill gaps: investment grants, interest-rate subsidies, technical assistance, fee/premia cost cover subsidy4. Economic, financial, technical and legal experts on Policy Issues4.1. Operationalizing Addis Abeba: public resource mobilization through infrastructure investment and job creation/taxable revenue generation; domestic and international private business support and finance4.2. Debt, debt sustainability, and concessionality4.3. Public investment/asset management4.4. Sovereign bonds, the future of Paris Club in light of capital market investors4.5. ODA (Official Development Assistance), TOSSD (Total Official Support for Sustainable Development) and other OECD DAC (OECD Development Assistance Committee) issues4.6. Blended finance19 of 195. Economic, financial, technical and legal experts on Legal, institutional and procedural issues5.1. Legal and institutional framework/environment5.2. Regulatory, legal and institutional bottlenecks for investments5.3. Legal documentation and templates of finance products and structures including guarantees, insurances, other risk sharing mechanisms as well as of EU funded grants, financial instruments and budgetary guarantees under the EU financial regulation and other EU legislation as used in blended finance5.4. Effective indicators, results monitoring, impact assessment