Review of development finance investments and strategies including their impact on global financial markets (MOBILIST programme)

Closed: Call for proposals by 2 February 2024 to provide analysis of development finance investments and strategies, including their influence on similar financial transactions and impact on global financial markets.

From:
Foreign, Commonwealth & Development Office
Published
8 January 2024
Funds:
Closed
Countries:
Angola, Benin, Botswana, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, China, Comoros, Congo, Congo (Democratic Republic), Djibouti, East Timor, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, The, Ghana, Guinea, Guinea-Bissau, Indonesia, Ivory Coast, Kenya, Laos, Lesotho, Liberia, Madagascar, Malawi, Malaysia, Mali, Mauritania, Mauritius, Mongolia, Mozambique, Namibia, Niger, North Korea, Philippines, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Thailand, Togo, Uganda, Vietnam, Zambia, Zimbabwe
Sector:
Private sector/business, Research
Eligible organisations:
Non-governmental organisations (NGOs), UK-based non-profit organisations, UK-based small and diaspora organisations, Companies, Educational institutions, Humanitarian relief organisations, Organisations based in Low to Middle Income Countries (LMIC)
Value of funding:
£10,001 to £100,000

This call for proposals closed on 2 February 2024.

Overview

The Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme is sponsoring an ambitious programme of research to inform and influence financial markets actors. The programme will help fill knowledge gaps and correct misperceptions to enhance the volume and efficiency of capital allocated to emerging and frontier markets.

Combined with MOBILIST seed capital and technical support for high-potential firms and fund managers, MOBILIST’s research outputs will help demonstrate the potential of emerging and frontier market-listed assets for international portfolios.

This request for proposals is for an evaluation of development finance investments and strategies and how they have influenced similar transactions in the financial markets. The proposed research will review the existing evidence on demonstration effects in development finance and in private and public markets. It will propose specific metrics and methods through which such effects can be more systematically monitored and maximised.

What the fund will achieve

The successful bidder will provide current, original, actionable insights on the following research questions:

  1. to what extent and how have demonstration effects been conceptualised, measured, monitored, and evaluated by market participants and development finance investors?

  2. what data and information generated by pioneering transactions is most salient to market participants, including both issuers and investors? How is this information transmitted to and used by different types of investors, and which investor categories are likely to be most responsive?

  3. where it is present, to what extent does the visibility of development finance affect behaviour change among market participants and among other development finance actors?

  4. what metrics and methods have been used by market participants and development finance actors to capture such demonstration effects in public and private markets? How have market participants and development finance actors conceptualised and captured additionality through demonstration, including when investing on equal terms?

How to apply

You can access full application details including background and instructions on submitting tenders:

Review of development finance investments and strategies and their demonstration effect on second-mover transactions and market-shaping impacts.

You should submit proposals by 10pm (GMT) on 2 February 2024.

Background information on the fund

MOBILIST is focused on mobilising public markets to catalyse new scalable and replicable financial products that support the United Nations’ Sustainable Development Goals and net-zero transition. It is a flagship Foreign, Commonwealth and Development Office (FCDO) programme.

MOBILIST is funded by the UK government in partnership with the Norwegian Agency for Development Cooperation (Norad) and implemented by Chemonics and other partner organisations. It competitively selects emerging and frontier market investment products and supports the sustainable finance ecosystem through:

  • research
  • monitoring evaluation and learning
  • communications and advocacy

MOBILIST research will help enhance the flow of capital into assets that contribute to sustainable economic development in emerging and frontier markets. MOBILIST seeks to contribute to development outcomes/impact, including:

  • inclusive growth and productivity
  • job creation, climate resilience
  • decreased poverty around the world

Procurement lead contacts

Published 8 January 2024
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