Climate Finance Expert – Global Green Growth Institute (GGGI), Paraguay
INTRODUCTION TO GGGI
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.
GENERAL INFORMATION: Climate Finance Expert – Global Green Growth Institute (GGGI), Paraguay
- Project: Promoting low-carbon development in Paraguay via low- emission strategies and direct access entities accreditation
- Duty Station: Asunción, Paraguay
- Contract Duration: 23 OCTUBRE 2023 – 15 DIC 2024
PROJECT BACKGROUND
GGGI is partnering with the Government of Paraguay (GoP) to support readiness activities for the country to access climate finance from the Green Climate Fund (GCF).
In order for Paraguay to reach its climate change and sustainable development objectives, the GoP seeks to increase its access to climate finance (particularly the Green Climate Fund, GCF), build a pipeline of bankable projects, strengthen gender-inclusive strategic climate finance frameworks, and increase participation of the private sector in green project development.
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In order to support these efforts, GGGI is working directly with Paraguay’s Nationally Designated Authority (NDA) under the Ministry of the Environment (MADES) through its Directorate of Strategic Planning to improve Paraguay’s Readiness to access finance for climate change and green growth projects.
The Readiness program aims to build the capacity of the Government of Paraguay and relevant country stakeholders to plan, finance, implement and monitor climate change mitigation projects in priority sectors that reduce short-lived climate pollutants (SLCPs), greenhouse gas (GHG) emissions, and contribute to Paraguay’s targets under the Nationally Determined Contribution (NDC).
Paraguay’s vulnerability to climate change impacts is very high, ranked 12th in the Climate Risk Index 2019, which represents a significant risk for the main productive sectors of the country. Paraguay’s Climate Change Law prioritizes the identification, access, and efficient use of long-term affordable climate finance to achieve the country’s climate change mitigation ambitions.
OBJECTIVES OF THE ASSIGNMENT: Climate Finance Expert – Global Green Growth Institute (GGGI), Paraguay
The Climate Finance Expert will ensure that climate and sustainable finance considerations are integrated in the projects’ deliverables, promoting the mobilization of national and international finance towards Paraguay’s low carbon development target.
The Climate Finance Expert lead the development of Paraguay’s Private Sector Engagement Strategy for the AFOLU sector and support the development of the supporting Climate Finance Communication Campaign.
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The Private Sector Engagement Strategy for the AFOLU Sector will target both the supply and demand for affordable climate finance: on the demand side, the Strategy will develop recommendations to strengthen AFOLU producers’ understanding of the international and national climate finance architecture, climate change rationale, innovative business models, available financial instruments, positive and negative externalities from the sector, among others.
On the supply side, the Strategy will provide actionable recommendations for providers of finance to the AFOLU sector to integrate E&S considerations and climate risks into their investment decision making processes in order to increase the flow of finance to sustainable AFOLU enterprises and projects.
The Strategy will be complemented by the development and implementation of a Climate Finance Communication Campaign to disseminate its recommendations, build climate finance literacy among the Strategy’s target groups and lead to improved investment decision making
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DELIVERABLES AND PAYMENT SCHEDULE
| # | Activity | Deliverable | Amount | Submission timeline |
| 1 | Conducting a review of regulatory, fiscal ad policy barriers hindering AFOLU producers and LFIs participation in low-carbon development. | Benefits awareness and barriers report | 6% | 31st of October 2023 |
| 2 | Quantifying and mapping AFOLU producers and LFIs contribution to Paraguay’s economy (as opposed to other sectors), main sub-sectors of intervention, ability to access international climate finance, contribution to Paraguay low-carbon development agenda, understanding of the international climate finance agenda, and capacity gaps hindering the materialization of their climate change mitigation and adaptation potential. | AFOLU Private Sector diagnostic study | 11% | 30th of November 2023 |
| 3 | Organize and deliver 3 short webinars (one per sector/industry) to strengthen AFOLU producers’ and LFIs’ awareness about climate change adaptation and mitigation issues and opportunities, and collect ideas and recommendations to increase their contribution to Paraguay’s low-carbon ambitions. | 3 x meeting minutes: minutes, presentation material, agenda, participants disaggregated by gender, feedback reportPre-and post-training evaluation surveyEach webinar is expected to be attended by 50 to 70 participants, with a duration of up to 3 hours. | 22% | 28th of February 2024 |
| 4 | Developing a draft Private Sector Engagement Strategy for the AFOLU sector, targeting local producers and providers of finance, aligned with the National Climate Finance Strategy, and making it available to government and private sector stakeholders for comments. | Draft Private Sector Engagement Strategy for the AFOLU sector | 11% | 30th of April 2024 |
| 5 | Developing an Action Plan for the implementation of the Private Sector Engagement Strategy for the AFOLU sector, aligned with the National Climate Finance Strategy | Draft of the Action Plan for the implementation of the Private Sector Engagement Strategy. | 11% | 30th of June 2024 |
| 6 | Finalizing Paraguay’s Private Sector Engagement Strategy and Action Plan for the AFOLU sector | Private Sector Engagement Strategy for the AFOLU sector Private Sector Engagement Strategy Action Plan | 22% | 31st of August 2024 |
| 7 | Increase awareness of Paraguay’s Private Sector Engagement Strategy via webinar and communication material:Supporting the delivery one webinar to introduce Paraguay’s Private Sector Engagement Strategy for the AFOLU sectorDeveloping communication material to raise awareness about Paraguay’s Private Sector Engagement Strategy for the AFOLU sector, climate finance terminology, topics, and opportunities targeting AFOLU local producers and providers of financeWebinar Meeting minutes: minutes, presentation material, agenda, participants disaggregated by gender, feedback reportCommunication material targeting AFOLU local producers and LFIs providers to raise awareness about Paraguay’s Private Sector Engagement Strategy for the AFOLU sector, climate finance terminology, topics, and opportunities targeting AFOLU local producers and providers of finance. These may include infographics, teasers and presentations disseminated via industry associations, government channels, forums, and events | 11% | 31st of October 2024 | |
| 8 | Developing Final Report outlining the outcome of all activities prepared by the consultant. The report should also give recommendations for further activities to be carried out in the future in order to secure the sustainability of the measure. | Final ReportAll relevant technical papers, reports, and other documents prepared from the start to the end of the assignment shall be attached to the Final Report | 6% | 10th of November 2024 |
All deliverables, including the final report, must be approved by the GGGI with the agreement of the Ministry of Environment and Sustainable Development (MADES). The Consultant should strive to integrate GGGI’s and MADES’s comments within 14 days from the receipt of the comments or modification requests.
EXPERTISE REQUIRED: Climate Finance Expert – Global Green Growth Institute (GGGI), Paraguay
- Bachelor’s degree in sustainable development, finance, social, science, business administration, or relevant fields;
- Advanced degree in sustainable development, public policy, governance, finance, business administration, or other relevant fields is a plus;
- Preferably 7 years of relevant professional experience in the government or private sector in the environmental activity;
- Experience work in developing financial strategies, plans or instruments, ideally for the AFOLU sector or NDC financial strategy
- Experience working closely with government and non-government stakeholders, private sector, particularly in developing countries, and with intergovernmental organizations (IOs) is a plus;
- Fluency in Spanish is required, English fluency is a plus
- Open call for national and international consultants
ADMINISTRATIVE INFORMATION
The consultant will report to the Project Manager and the Paraguay GCF NDA in the Ministry of Environment and Sustainable Development (MADES).
During the first week of assignment the consultant will define the reporting arrangements of the consultancy, in consultation with the NDA and the Project Manager.
The consultant may be required by either the NDA or Project Manager to work within the premises of the Ministry of Environment and Sustainable Development, for the days of the consultancy.
Date to close is Korean Standard Time (KST). Applications submitted after the deadline will not be considered Application. Cover Letter, and CV must be sent in English. A consortium, or a firm may not be engaged for the individual consultant assignment.
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