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Insects, a future source of valuable animal feed in the Caribbean

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The rising costs and limited access to high quality animal feeds are constraining factors for the development of the poultry and livestock sectors in the Caribbean and a threat to food security in the region.  There is also a growing problem of managing organic waste from our farms, markets, restaurants, hotels and food manufacturers that create health, environment and climate risks.

In examining solutions to these challenges, the Food and Agriculture Organization of the United Nations (FAO), in collaboration with the Fera Science Limited, recently completed a survey of organic waste across Barbados, Jamaica, Grenada, and Trinidad and Tobago. The study assessed the potential of insect farming as a solution to the twin problem of increasing volumes of organic wastes, and the lack of stable access to affordable animal feed.

Insect farming is widely regarded around the world as one of the key solutions to reducing waste in the environment and creating sustainable sources of animal feed. In this process, selected insect species efficiently convert organic waste (biomass), through their natural ability to upcycle waste material, into high-quality products, suitable for agriculture and animal feed industries.

The black soldier fly larvae is the main insect being farmed – it is one of nature’s recyclers, and rapidly consumes wastes and turns it into larvae that are enjoyed by chickens and fish as a natural feed. Insect farming provides a sustainable solution that complements existing community vermi-composting schemes and enables the creation of fertilisers, animal protein feed, oils, and new valuable products by making better use of organic wastes.

Renata Clarke, FAO Caribbean Sub-regional Coordinator, stated that, “Waste materials identified in the study could sustain the growth of enough insects to achieve 50 percent inclusion into poultry feed for the entire poultry population in the countries studied. This would reduce the reliance on tonnes of soy and other costly and unsustainable sources of protein such as fishmeal from ocean ecosystems. Commercial development of new sources of safe and traceable proteins is essential to meet the needs of growing populations, especially with increased consumption of meat, fish and eggs.” She added, “The Caribbean poultry sector would become less vulnerable to external shocks, more environmentally friendly and create new economically viable feed businesses accessible by small-scale entrepreneurs and communities”.

As an introduction to this innovation, FAO, Fera, and the University of the West Indies are developing a regional pilot project to showcase the value of insect farming and provide the catalyst for a series of community projects focused on creating sustainable animal feed from organic wastes.

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Damian Malins from Fera Science Limited said, “We are very excited to be working with FAO and the University of the West Indies, to establish insect farming in the region.” He continued, “The pilot project will engage farmers, communities, ministries and a range of private sector partners to create a best practice for future insect farmers. It will also create a community solution to reducing wastes and creating an affordable, sustainable animal feed”.

The findings of the FAO study will be discussed with all interested stakeholders in a virtual forum in March with implementation of the pilot project set to begin by mid-year.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]