Type of contract: Consultant contract with up to 5 days per week until 31 December 2024
About Finance for Peace
Finance for Peace is a multistakeholder initiative by Interpeace that seeks systemic change in 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.
Finance for Peace 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 seeks to create standards and guidance for peace finance; develop market intelligence and evidence for scaling Peace Finance, and actively influence policy and partnerships for Peace Finance.
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 about the Finance for Peace initiative, please see our website: https://financeforpeace.org/.
Background rationale for the initiative
New solutions to finance peace and development in the world’s fragile and conflict-affected places are urgently needed. Some 1.9 billion people, almost a quarter of the world’s population and most of the world’s extreme poor, live in the world's 60 fragile and conflict-affected contexts. Because of growing conflict, instability, and violence none of these countries are on track to achieve the Sustainable Development Goals (SDGs).
Sustainable development and peace ultimately require conflict-sensitive and peace-responsive private investment, but much investment cannot find its way to places of great need and opportunity because of risks related to peace, whether real or perceived. It is well known that greater investment is possible, the world’s financial resources of almost 300 trillion dollars dwarf the cost of achieving the SDGs.
Herein lies the problem: the peace actions that could reduce conflict and fragility risks and open these markets to greater investment are underfunded and poorly aligned. This is why we need to fundamentally rethink how peace and development is financed, and how private investment can become more conflict sensitive, reducing risks for both investors and communities.
While blended finance approaches have grown and have successfully catalysed significant private capital in developing countries, existing approaches largely do not focus on peace impact. Further, more work needs to be done to ensure blended approaches minimize not just risks to investors but also to communities in fragile and conflict affected settings.
The Finance for Peace initiative seeks to build on the global policy momentum among DFIs and private investors to scale up investment in the world’s fragile emerging markets, enabling the creation of a market for Peace Finance.
Position within Finance for Peace initiative and Interpeace
The consultant will support the communications and partnerships work streams, working collaboratively with the Finance for Peace Team. This role will provide an excellent vantage point to the topic of Peace Finance, including its various global stakeholders, at a strategically important time for the Finance for Peace initiative.
The consultant will work under the guidance of the Communications Advisor as well as the Head of Partnerships in these work areas:
The consultant for communications and partnerships will also deliver key event logistics support, drafting materials and liaising closely with other Interpeace colleagues, as well as an array of external stakeholders and service providers. They will be responsible for managing the team calendar of events, publications and visits, and for any other relevant administrative tasks.
Duties and responsibilities
Under the guidance of the Communications Advisor and the Finance for Peace Head of Partnerships, and working closely with the rest of the Finance for Peace team, the consultant will be responsible for the following:
Consultancy requirements:
The successful candidate will have some experience in peacebuilding / international development / international relations / politics / finance / economics or a related field. Ideally, the candidate will have experience in supporting teams with logistics and administrative support. A general interest and a willingness to learn about topics related to Finance for Peace is expected, with good desktop research skills.
Education
Experience
Competencies
Interpeace competencies
Success factors
How to apply
Qualified candidates are invited to submit their application to chahdi@interpeace.org no later than July 17, 2024.
Successful applications must include: