On November 29th, the Global Environment Facility (GEF) Secretariat approved a Project Identification Form (PIF) for USD 4,408,200 project on the Conservation of Liberia’s coastal natural capital. Please request full PIF from the email below.
The project entitled “Conservation and sustainable use of Liberia’s coastal natural capital.” will be executed by the Environmental Protection Agency (EPA) of Liberia and Conservation International (CI) Liberia. A Project Preparation Grant (PPG) has been awarded to enable preparation of the full Project Document (ProDoc), based upon the approved PIF.
The main objective of this project is to “Improve conservation and sustainable use of Liberia’s coastal natural capital by mainstreaming the value of nature into Liberia’s development trajectory.” The project has three components including:
i. Component 1: Natural Capital Accounting (NCA) in coastal ecosystems: This component aims to build the foundation for Natural Capital Accounting (NCA) in Liberia to ensure that the value of biodiversity and ecosystem services, particularly for coastal areas, is incorporated into national decision-making;
ii. Component 2: Innovative financing schemes for conserving coastal natural capital. This component aims at increasing and diversifying resource flows for the sustainable management and restoration of mangrove and coastal ecosystems; and
iii. Component 3: Community incentives to conserve and sustainably manage natural capital in coastal ecosystems. This seeks to establish a locally appropriate delivery mechanism that can channel payment for ecosystem services (PES) to communities providing the services.
2. Purpose of the consultancy
The purpose of this consultancy is two-fold: (i) establish ecological and socio-economic baseline for the project, and (ii) lead the development of the Project Document (ProDoc) for CEO approval.
3. Scope of work
To increase and diversify resource flows for the sustainable management and restoration of mangrove and coastal ecosystems, the Consultant will assess the existing financial resources from public and private sector for the conservation and sustainable use of natural capital along Liberia’s coastline; identify and assess market-based conservation-friendly enterprises along the coastline; identify and assess potential carbon-based financing mechanisms for coastal ecosystem conservation; and identify mechanisms to be put in place to ensure a steady flow of sufficient financial resources for the conservation and sustainable use of coastal natural capital in the long term.
For the development of the Project Document (ProDoc), the Consultant will lead the development of the CEO Approval Package for the medium-sized GEF project “Conservation and sustainable use of Liberia’s coastal natural capital.” Drawing on the approved PIF and incorporating input from the GEF Secretariat, the consultant will be responsible for preparing the CEO Approval Package which includes the CEO Approval template, the CI-GEF ProDoc, developing a detailed result-based project framework and incremental cost analysis, developing all safeguard plans (minimum requirements are: Stakeholder Engagement Plan, Gender Mainstreaming Plan, a process framework for the potential restriction of access to and use of natural resources, and an Accountability and Grievance Mechanisms) and draft the budget for implementation.