Re Advertisement For Finance Manager Responsible For Overseeing All Aspects Of The Financial Management Systems And Processes For The FundIc Png 033 2021 Finance Manager Papua New Guinea Biodiversity And Climate FundDeadline 19 Oct 2021 22 00 Gmt 7 00 Pacific Time Us Canada Papua New Guinea Is Endowed With Exceptional Natural Wealth It Contains More Than 293 Species Of Mammals Of Which 80 Are Endemic 813 Bird Species More Than 50 Endemism And 346 Species Of Reptiles And 371 Species Of Amphibians The Country Comprises Of The Third Largest Tropical Forest In The World Covering 280 000Km2 Over 2 4Million Km2 Of Ocean Including Over 7 000Km2 Of Coral Reefs And 4 200Km2 Of Diverse Mangrove Forest The Coral Reefs Are Of Global Significance They Lie At The Epicenter Of The Coral Triangle These Reefs Are Home To Over 1500 Species Of Coral Reef Fish And At Least 514 Species Of Coral Nevertheless The Iucn Red List For Png Includes 33 Critically Endangered Species 56 Endangered 373 Vulnerable And 289 Near Threatened The Terrestrial Environment Underpins The CountryS Productive Sectors And Supports The Livelihoods Of 80 Of PngS Population Who Live In Rural Areas The Coastal And Marine Environment Provides Food Security Important Sources Of Protein Protection From Coastal Erosion And Livelihoods In Tourism And Fisheries Furthermore The Forests As Well As Islands And Reefs Provide Significant Spiritual And Cultural Importance To The People Of Papua New Guineans However The CountryS Natural Environment Is Under Threat Over 50 Or 140 000Km2 Of PngS Forests Lie Within The 298 Logging Concessions In Coastal Areas Population Growth With More Than 50 Under The Age Of 24 Places Increased Strain On Marine Resources Impacts Of Development Activities In Coastal And Upstream Areas Including Increased Runoff And Habitat Fragmentation And Degradation Pollution Especially Related To Runoff From Inland Mining Activities And Poor Land Management Practices And Debris And Sewage And Impacts Of Climate Change On Coastal Erosion All Pose Immediate And Dramatic Threats To Local Communities And The Natural Environment Strengthening Biodiversity Conservation Efforts Will Improve The CountryS Resilience To The Impacts Of Climate Change As Well As The Emerging Threats It Will Enhance The Long Term Growth Of Existing Productive Sectors Support The Growth Of New Economic Opportunity Based On Sustainable National Resource Stewardship Transforming The Growth Path Of The Country There Is A Need For The Natural Capital Wealth To Be Placed At The Center Of The CountryS Economic Policy In Order To Achieve The Objectives In The Png Protected Area Policy The Medium Term Development Plan Vision 2050 The Sustainable Resource Strategy The Climate Change Act And The Conservation And Environment Protection Authority Act Protected Areas Across The Country Neither Have Sufficient Nor Reliable Funding With A Few Notable Exceptions There Is No Revenue Being Generated By Protected Areas For On The Ground Conservation Management These Exceptions Include The Kokoda Historical Reserve And The Yus Conservation Area But Both Are Highly Dependent On Donor Funding A National Assessment Of The Management Effectiveness Of The Protected Areas Across The Country Noted That 83 Of Protected Areas Stated That Their Current Budget Was An Issue And 91 Stated That There Was No Budget Security This Is Corroborated With The Data Collected By Undp Which Noted That 40 Of A Total Of 59 Protected Areas Are Known Not To Receive Any Budget A Similar Lack Of Investment Exists For Climate Change Initiatives A Recent Estimate For Implementing The National Redd Strategy Calculated That Nearly Us 100M Per Annum Is Required To Deliver The Strategy Over The Next 10 Years The Project Sustainable Financing Of Papua New GuineaS Protected Area Network Will Extend The Government Of PngS Ability To Fulfil Its Protected Area Mandate And Implement The Protected Area Policy To I Secure Stable And Long Term Financial Resources For The Management Of Protected Areas Across The Country Ii Ensure That These Financial Resources Are Allocated To Contribute To Improving Effectiveness Of The Management Of The Protected Areas Across The Country And Iii Ensure That They Are Managed Cost Effectively And Efficiently With Respect To Their Conservation And Other Complementary Development Objectives In Recognition Of This Need The Project Will Assist With The Development Of A Diversified Mix Of Conventional And Innovative Funding Sources And Consolidate Revenues To Finance The Ongoing Costs Of Establishing And Managing Protected Areas And Assist The Government To Establish A Biodiversity Fund That Will Be Built On A Secure Accountable And Transparent Financial Mechanism For Receiving Administering And Disbursing Funds The Project Will Therefore Result In A System That Will Provide Catalytic And Long Term Financial Support That Will Lead To Stable Ecosystems Both Within And Outside Of Protected Areas Coupled With The Social Transformations To Make That Happen Including Transforming Institutions To Become Supporters Facilitators Of That Process And The Establishment Of Long Term Partnerships There Is A Strong Demand For A National Level Financing Mechanism That Is Able To Attract Disburse And Report Against Financial Support To Critical Locations That Protect The Unique Biodiversity And The Natural Wealth Of The Country PngS Approach To Conservation Is Based On The Premise Of Doing Conservation Differently And Placing People At The Heart Of Conservation Incentivising Business Models That Have A Net Benefit To The Environment Are Transformative And Demonstrate That Conservation And Economic Development Are Not Conflicting But Complementary The Establishment Of A National Fund Is An Ideal Vehicle To Attract And Manage A Diversified Portfolio Of Finance Streams To Provide Financial Support To Pas In Perpetuity As Well As Seed Finance For Conservation Based Business Models The Project Has Committed To Provide Financial And Technical Support To The Establishment And Operationalisation Of The Fund Over The Next Six Years The Project Has Made Strong Progress To Establish The Foundations For National System Level Financing Solutions To Support The Reduction Of The Financing Gap Facing The CountryS Protected Area Network Namely An Institutional And Regulatory Review Of Protected Area Management And Financing Which Identifies The Key Actions To Strengthen The Institutional Responsibilities Regulatory Environment And Capacity Needs To Lead To Increased Financial Support To Protected Areas Institutional And Regulatory Review A National Protected Area Finance And Investment Plan That Identified The Funding Gaps To The Existing And Future Protected Areas As Well As The Identification And Assessment Of Possible Financial Options Protected Area Finance And Investment Plan The Establishment Of An Independent Biodiversity And Climate Fund To Facilitate The Receipt Disbursement And Accounting Of Identified Finance Solutions The Process To Establish The Fund Is Ongoing And Is Expected To Be Completed By The End Of 2021 Png Biodiversity Fund The Fund Is Currently Being Established As An Independent Entity To Attract Manage And Disburse Funds The Fund Will Provide Greater Transparency And Accountability For Donors And Private Sector Supporting The Implementation Of The Identified Finance Solutions Stakeholder Consultation A Best Practice Review And Legal Analysis Have Already Been Completed And Presented The Legal Registration Is Currently Underway And Is Expected To Be Registered Before The End Of The Year With An Appointed Board Of Directors The Next Step In The Process Is To Develop The FundS Strategic Plan Operational Manuals And Resource Mobilisation Plan These Actions Will Begin By August 2021 With The Intention To Officially Launch To Coincide With The Un Climate Summit In November 2021 In Preparation Of The Above The Project Is Recruiting Suitable Candidates To Form The Independent Secretariat The Secretariat Will Consist Of An Executive Director Programme Manager Finance Manager And Administrative Associate The Secretariat Will Receive Technical Support In The Short Term From Undp Specifically The ProjectS Chief Technical Advisor And Project Staff 2 ObjectiveThe Project Is Seeking Suitable And Qualified Candidates To Join The Secretariat As The Finance Manager Of PngS Biodiversity And Climate Fund The Finance Manager Is Responsible For Overseeing All Aspects Of The Financial Management Systems And Processes For The Fund Under The Supervision Of Executive Director The Finance Manager Will Direct All Finances And Business Administration Of The Fund To I Ensure An Efficient And Clean Financial Management Structure Ii Optimize Revenue Generation While Preserving The EndowmentS Inflation Adjusted Capital And Iii Manage A Minimum Of Us 1 Million In Annual Expenditure 3 Key Duties And ResponsibilitiesThe Finance Manager Will Be Required To Play A Leadership Role In The Continued Growth Of The Organization By Designing And Implementing Financial Policy For Sustainability Provide Essential Input For Financial Planning Monitoring And Evaluation To Ensure All Finances Are Grounded In Sound Business Management To Enhance Cost Effectiveness Of The FundS Philanthropic Work Prepare And Maintain Annual Budgets And Regular Cash Forecasts Report Financial Health Of The Organization To The Executive Director And The Board Review All Financial Grant Requests And Institutional Operations And Prepare Work Plans With Grant Seekers And Grantees In Government Civil Society And Rural Communities Including Preparation Of Annual Operating Budgets And Regular Financial Monitoring And Reporting Provide Le
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