Banking, Finance, Insurance and Securities (BFIS) Services Education and Training

Per Financialmechan Drrandeancountries Tender

πŸ›οΈ EMBASSY LA PAZ
πŸ“„ Tender ID: 505332957 πŸ“… Published: 26 Jun 2024

πŸ“‹ Tender Overview

Subnational authorities in Peru and Ecuador responsible for DRM strengthen their capacities to access central government finance for DRM. The project will provide guidance in developing and accessing funding from existing public, public-private and multilateral DRM funds based on prior country diagnostics. A complementing Community of Practice (Peru, Ecuador, Bolivia and Colombia) fosters exchange of experiences and lessons learned. This is expected to result in enhanced access to available financial resources for DRM for project beneficiaries.

Country/region Topic Period Budget
Andean Region
Climate change and environment
Governance
Disaster risk reduction DRR
Public sector policy
15.11.2023 - 14.11.2027
CHF 2’000’000
The project in brief
Background In the Andean countries, subnational governments face major challenges in implementing disaster risk management projects due to the complexities inherent to the application process and lack of experience. This hampers their ability to access available DRM funding especially for prevention, risk mitigation, and preparedness while governments tend to allocate their DRM resources mainly to response and recovery activities, resulting in a problematic imbalance between pre- and post-disaster DRM investments and generally low DRM project execution. There is an urgent need to support subnational governments in enhancing their access to financial mechanisms (public, public-private and multilateral funds) and provide guidance in developing sound and effective DRM initiatives while at the same time simplify and diversify national funding mechanisms.
Objectives Enhance subnational government access to financial mechanism related to prevention, mitigation, and preparedness, while discussions stimulate the four Andean countries to improve, simplify and diversify its processes on financial mechanisms related to DRM.
Target groups Direct beneficiaries: (i) Subnational government entities responsible for DRM in Peru and Ecuador: In Peru: the region of Cusco and Lambayeque (Cusco: the regional/local governments of Chiclayo in Espinar, Chumbivilcas, La ConvenciΓ³n and Cusco; Lambayeque: the regional/local governments of Chiclayo, FerreΓ±afe and Lambayeque); In Ecuador: selected regional/local governments in the three provinces of Pichincha, Guayas and SucumbΓ­os. (ii) Government entities and stakeholders from Peru and Ecuador like PCM, INDECI, MEF, SGR; and government entities and stakeholders from Bolivia and Colombia participating in the Community of Practice. Indirect beneficiaries: The population within the above project system boundaries. In Peru: approx. 2.1 million people; in Ecuador: to be defined once the exact sites in the three provinces have been selected.
Medium-term outcomes Outcome 1: Institutional capacities for applying public, public-private and multilateral financial instruments for DRM are strengthened in Peru. Outcome 2: Processes of knowledge transfer on access to and use of publ

πŸ” Key Information

πŸ“„
Tender Reference No.
505332957
πŸ“…
Publication Date
26 Jun 2024
πŸ’°
Estimated Value
USD 2234760
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“…
Deadline
14 Nov 2027
πŸ“
Notice Type
Projects
πŸ“
Location
Bolivia
πŸ“‘
Contract Duration
3 Years 4 Months 19 Days

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days remaining Β· 14 Nov 2027
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🧭 Quick Facts

Authority EMBASSY LA PAZ
Country Bolivia
State / UT N/A
Tender Type Project Information
Currency USD
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