MOBILIST monitoring, evaluation, and learning (MEL) technical assistance for review of proceeds policy

Closed: call for proposals by 13 December 2023 for consultancy support on a policy review for allocating proceeds in an infrastructure debt securitisation platform, and recommendations for verifying allocations to MOBILIST investments.

This call for proposals has now closed.

Overview

The Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme supports investment solutions that help deliver the Sustainable Development Goals and climate transition. It is funded by the UK government in partnership with the Norwegian Agency for Development Cooperation (Norad) and implemented by Chemonics and other partner organisations.

MOBILIST competitively sources and selects emerging and frontier market investment products and supports sustainable finance through research, monitoring evaluation and learning (MEL), and communications and advocacy.

MOBILIST is sponsoring an ambitious programme of research to inform and influence financial markets, fill knowledge gaps and correct misperceptions to enhance the volume and efficiency of capital allocated to emerging and frontier markets.

Additionally, MOBILIST provides MEL technical assistance (TA) to participants in the MOBILIST competition process. The aim is for the MEL TA to improve investees’ likelihood of success of listing and capital mobilisation in the medium term.

This request for proposals is to provide:

  • consultancy support for a review of how proceeds are allocated in an infrastructure debt securitisation platform
  • recommendations on how allocations, especially MOBILIST investments on the platform, can be monitored and verified

What the fund will achieve

The successful bidder will assist with:

  • reviewing a securitisation platform’s allocation-of-proceeds policy
  • provide in-depth recommendations for implementation by the platform’s management on the processes for reviewing, monitoring and verifying the allocation of proceeds within the MOBILIST area

The infrastructure debt securitisation platform acquires predominantly brownfield project and infrastructure loans from financial institutions with the objective of distributing infrastructure asset backed securities (IABS) to institutional investors in the public markets. The platform will issue several debt tranches in the form of bonds that will be listed on the Singapore Stock Exchange.

MOBILIST is investing in the platform and its investment is linked to the sustainability tranche exclusively tagged to sustainable assets. The successful bidder is expected to provide a second-party opinion confirming that MOBILIST funds are tagged to eligible Official Development Assistance (ODA) green loans.

How to apply

Interested parties can read full application details including background and instructions on submitting tenders at MEL Technical Assistance for Review of Proceeds Policy - Contracts Finder.

Interested parties should submit their proposals by 10pm (UK time) on 13 December 2023.

Background information

MOBILIST is a flagship FCDO programme that mobilises public markets to encourage new, scalable and replicable financial products that support the United Nations’ Sustainable Development Goals and transition to net-zero.

The programme provides MEL technical assistance to participants in the Product Platform’s competition process. These MEL TA services are intended to:

  • support the due diligence process, and FCDO and investees’ understanding of environmental, social and governance (ESG) and impact measurement systems, as well as their alignment with the programme’s theory of change
  • support investees to improve development impact-measurement systems, including for FCDO MEL reviews and investors
  • support investees in improving ESG metrics, processes and systems, which supports raising capital, reducing risk, and financial, social and environmental performance

By mobilising capital at scale for sustainable development through these financial products, MOBILIST contributes to development outcomes and impact. These include inclusive growth and productivity, job creation, climate resilience and decreased poverty around the world.

Procurement contacts

[email protected] (primary)
PMU-MOBILIST@chemonics.com (secondary)

Updates to this page

Published 30 November 2023