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The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.
To guide a shift towards sustainable recovery across the African continent, the African Union (AU) Heads of State and Government adopted in February 2022, the AU Green Recovery Action Plan (GRAP 2021-2027). The AU GRAP focuses on Five (5) key thematic areas: Climate Finance, Clean Energy, Nature Based Solutions, Sustainable Agriculture, and Green and Resilient Cities with a focus on Water and provides a framework for sustainable economic recovery from the pandemic. The development of the AU-GRAP took into consideration the African Union Strategy for Gender Equality and Women’s Empowerment (GEWE), which encompasses matters concerning economic empowerment, particularly ensuring that women’s voices are amplified, and their concerns are fully addressed through effective implementation of legislation and proper financing of gender equality work. This process also considered other regional protocols to ensure alignment with AU member states’ commitments.
In collaboration with the African Union Commission (AUC) and the African Capacity Building Foundation (ACBF), the Global Green Growth Institute (GGGI) will take a gender-responsive approach to help operationalize the GRAP through the ‘Transformative Climate Finance Program aimed to support the implementation of the AU-GRAP.
For effective and successful delivery of the TCFP, a comprehensive understanding of the landscape of inclusive sustainable initiatives and financial instruments implemented by Local Financial Institutions (LFIs) in African member countries is needed. This includes evaluating the Environmental and Social (E&S) performance, the adoption and impact of green financial instruments, commitments towards sustainability, and identifying gaps in capacity and opportunities for gender-inclusive growth.
The objective of this assignment is to produce a comprehensive baseline report detailing the current landscape of inclusive sustainable initiatives and financial instruments implemented by Local Financial Institutions (LFIs) in African member countries. This includes evaluating the Environmental and Social (E&S) performance, the adoption of inclusive practice and impact of green financial instruments, commitments towards sustainability, and identifying gaps in capacity and opportunities for inclusive and gender responsive growth.
The expected deliverables of the Consultant are as follows:
Role:
Deliverables | Payment |
Inception Report:
All deliverables as agreed upon in the workplan are delivered with high quality, within budget and the agreed upon timeline. | 20% |
Submission of the draft report by end of August 2024 All deliverables as agreed upon in the workplan are delivered with high quality, within budget and the agreed upon timeline. | 40% |
Submission of the final report and presentation by Mid-September
All deliverables as agreed upon in the workplan are delivered with high quality and addressed all comments raised by the review team, within budget and the agreed upon timeline. | 40% |
All reports and outputs must be in English, in accordance with GGGI’s formatting requirements, and submitted in hard copy and electronic formats along with complete sets of raw data, research materials, and interview notes.
The followings may be included in this section:
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