A. About the Finance for Peace initiative
Finance for Peace (F4P) is a multistakeholder initiative that seeks to systemically change how private and public investment supports peace in developing and fragile contexts. It aims to create networked approaches that can co-develop the market frameworks, standards, political support networks, partnerships and knowledge required to scale up “peace finance” – investments that intentionally seek to improve conditions for peace.
F4P brings together investors, industry, norm setting entities, Development Finance Institutions (DFIs), governments, peacebuilding and development actors, civil society and local communities to further peace-positive investments. By building/enabling the creation of a market for peace enhancing finance, it aims to reduce risks for both investors and communities and achieve outcomes that are bankable and advance peace. By identifying critical frameworks and developing standards and principles, as well as key knowledge and innovative solutions, the initiative will help to create true additionality to investors, as well as more inclusive development.
Working with partners, Finance for Peace will develop an iterative peace impact framework and connected set of peace standards for various categories of investment that can be used by the market to guide, measure and validate peace positive investment.
Finance for Peace is supported by the German Federal Foreign Office (GFFO) and builds on feasibility research supported by the UK Foreign and Commonwealth Development Office (FCDO) on a new sustainable investment category called peace bonds. Finance for Peace has been incubated by Interpeace.
For more information on the Finance for Peace initiative, please see our website: https://financeforpeace.org/.
B. Conceptual background and description of the assignment
Catalysing a market for peace enhancing investment necessarily requires the establishment of a certain key market infrastructure. Crucially, a viable market for peace finance requires the presence of at least two factors:
In order to support the two key outcomes above, critical market intelligence research needs to be conducted to understand an early pipeline of potential peace supporting investment and address the chronic lack of origination that concerns peace finance investments.
The proposed research assignment would seek to conduct early-stage design and pre-feasibility scoping for potential peace aligned investments in Mozambique. The research will be based on rigorous in-country analysis providing a deep contextual understanding of the peace and conflict dynamics and intersecting political economy issues. Based on this contextual analysis, it will then scope at least three types of peace positive investments in the country; (1) potential SME and other micro-investments targeted at actors in conflict affected areas (specifically Cabo Delgado) that have a highly intentional and direct impact on peace and conflict dynamics in the province, (2) review existing MDB/DFI and private enterprise investment underway or planned in Mozambique that has a high potential to contribute to peace and conflict dynamics and suggest pathways for that peace impact to be realised, (3) Propose early greenfield peace investment ideas that are currently not being explored by key business, development and peace actors, describing potential peace pathways, outlining technical and business case that needs to be further developed alongside local and national actors.
The feasibility research is intended as a prelude to subsequent more in-depth investment design that would require scaled up technical assistance. This is early-stage peace investment pipeline development and design that would seek to inform future more participatory and technically informed feasibility research that can potentially be taken up by other actors.
The research will aim to complement ongoing international efforts in Mozambique. In particular, the US Strategy to Prevent Conflict and Promote Stability (SPCPS) 10-Year Strategic Plan for Mozambique as part of the 2019 Global Fragility Act (GFA) will be kept as a reference point, as well as the European Union Multi-annual Indicative Programme 2021-2027 for Mozambique.
The researcher/s should have existing networks and contextual understanding of the peace and conflict in Cabo Delgado as well as political economy of region and Mozambique more broadly. Ideally they will also have some combination of technical or contextual understanding of national development priorities, emerging market investment and the multilateral development finance system. Their research will be based on in-country consultations with key actors in the relevant contexts, including hard to reach groups, investors, civil society actors, the United Nations and Development Finance Institutions (DFIs). The successful researcher(s) will coordinate closely to ensure alignment with a parallel workstream conducted by the African Development Bank on conflict-sensitive private sector development and investment in northern Mozambique.
The successful researcher(s) will develop early-stage feasibility study scoping options for peace positive investments in Mozambique. This would be based on the following key tasks:
D. Timeframe and Deliverables
The consultancy will last between 150 and 200 days maximum, to be completed before 30 December 2023. The exact allocation of days corresponding to the deliverables specified in section C will be jointly determined by the Finance for Peace team and the successful researcher(s) during the kick-off meeting at the beginning of the assignment.
E. Reporting and feedback
The tasks listed above are to be performed in an interactive and iterative process in collaboration with core staff from the Finance for Peace initiative. As stated in Section B of this ToR, the successful researcher(s) will also coordinate closely with a parallel workstream conducted by the African Development Bank on conflict-sensitive private sector development and investment in northern Mozambique, so as to ensure alignment.
The successful researcher(s) will work under the direction of Daniel Hyslop, Head of Research and Senior Peacebuilding Advisor at Interpeace.
As stated in section D above, the full-time number of workdays for the above dates is between 150 and 200 days. The daily rate is to be determined based on the experience of the researcher(s).
G. How to apply
We will review the applications both on the technical and financial content and value for money. Deadline for applications is Friday, 26 May. Applications can be sent to email@example.com.