Green Finance Network Consultant

The consultant will develop the framework for the establishment of the Green Finance Network (GFN) in ALCBT project countries namely: Cambodia, India, Indonesia, Thailand and Vietnam. The GFN is aimed at promoting the flow of financing towards low carbon buildings and sustainable cooling. It will support the achievement of the ALCBT project investment mobilization target of EUR140 million. The GFN will bring together banks with green finance programs and investment institutions (including ESCOs) to form a supportive community for facilitating financing for low carbon buildings.

The GFN will serve as an avenue for sharing knowledge on financing products and services, capacity development and promotion of a on building taxonomy that incorporates the whole life carbon assessment (WLCA) concept for buildings and establishes thresholds for advancing low-carbon and net-zero carbon buildings., monitoring, reporting and verification (MRV) tool and other tools developed through the ALCBT Project. Moreover, the GFN will provide a forum for discussing and addressing barriers to financing for low carbon buildings.

• Prepare an inception report with the workplan and timeline to deliver on the assignment;
• Assess building sector taxonomy and climate finance landscape in ALCBT project countries;
• Assess existing finance network at country level in Cambodia, India, Indonesia, Thailand and Vietnam and regional level which are currently active esp. in the building sector and their set-up and operations e.g., potential to build on it and engage them to facilitate investments for low carbon buildings;
• Develop selection criteria for the potential members of the GFN for each of the project country and potential lead institution to convene members and coordinate GFN activities in Cambodia, India, Indonesia, Thailand and Vietnam;
• Identify domestic and international financial institutions, ESCOs and development partners investing in the building sector and relevant energy efficiency (EE) projects in ALCBT project countries for the selection of potential members for the GFN;
• Organize and conduct online meetings with stakeholders, as needed, including financial institutions to gather information and coordinate with GGGI team in meeting with stakeholders from the government. There is no travel budget for this assignment;
• Develop a framework for the establishment of the GFN in Cambodia, India, Indonesia, Thailand and Vietnam including mandate, structure e.g., online platform, member selection and composition (e.g., government, private sector, financial institutions, developers, suppliers, etc.)  and potential list of members, operationalization plan including meeting schedules, legal/regulatory process if applicable, benefits including through the ALCBT project such as capacity building and knowledge sharing activities, bankable project development, adoption of low-carbon building (LCB) tools and WLCA benchmarks, matchmaking to mobilize investments, and sustainability plan after the ALCBT project;
• Prepare the terms of reference for national consultants to support and coordinate the establishment of the GFN in each ALCBT project country;
• Provide guidance and support to ALCBT project staff and consultants in engaging with partners and potential members of the GFN and setting it up at the country level e.g., through online sessions/meetings to present and explain their assessment and recommendations and provide clarifications; and
• Present and/or share the GFN framework to the Project Steering Committees/Technical Advisory Committees/Project Implementation Unit of each ALCBT project country,

Expertise Required:

The individual consultant is required to fulfill the following criteria:

• Post-graduate/ master’s degree or the equivalent in finance, economics, engineering, or related fields.
• At least 8 years of relevant professional experience in the building sector and finance/investment mobilization for climate change projects.
• Experience of working with financial institutions, preferably in Asia.
• In-depth understanding of environment, social, and governance (ESG), finance landscape in Asia, financing policies and schemes in the building and energy sector.
• Good understanding of climate change mitigation and climate finance in the building sector.
• Demonstrated strong research, analytical and problem-solving skills.
• Excellent written and verbal communication skills in English, with a high-quality research publication record.
• Excellent interpersonal and communication skills. Ability to liaise and work effectively with internal and external stakeholders of GGGI.

Source: https://careers.gggi.org/vacancy/green-finance-network-consultant-international-ikialcbt-569654.html