Investment - GCF Ecuador Consultancy

Please note that the deadline is based on Korean Standard Time Zone (KST, UTC+9)

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

Projects: Accelerating Ecuador's Climate Change Mitigation Initiatives with Strategic Action Plans and Investment Frameworks EC008-E1; Output EC008-E1-6

Duty Station: Ecuador

Contract Duration: (01) SEP 2025 – (13) JAN 2026

Number of Workdays Estimated (internal purpose only): 90 days

Consultant Level: 4

Total Fees: USD 18,000

PROJECT BACKGROUND

Based in Seoul, The Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as \"green growth\", which targets key aspects of economic performance such as poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and the private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon-intensive, and more resilient to climate change.

GGGI has a diverse portfolio of programs in developing countries around the world. Together with global products and services, these in-country programs focus on delivering results through an integrated approach of evidence-based green growth planning and implementation aligned to countries’ development priorities. The organization also focuses on knowledge development and management activities, which build a strong theoretical and empirical basis for green growth while providing concrete options and guidance for policymakers and building the conditions for public and private green infrastructure investments.

Gender Equality and Social Inclusion (GESI) and Environmental and Social Safeguards are fully integrated into GGGI’s Project Cycle Management. All staff have signed GGGI’s Code of Conduct and have been trained on GGGI’s GESI policies. GGGI has recently increased its GESI ambition in alignment with GGGI´s GESI Strategy for 2021 – 2025, which includes the implementation of Gender Equality and Poverty Reduction Policy Markers on all projects and the implementation of an Environmental, Social, and Governance toolkit guiding mainstream environmental, social, and governance considerations in all workstreams. GGGI has also launched a new institutional policy and guideline for inclusive events and knowledge processes, committing to at least 30% women representation.

Ecuador became a Member of GGGI in 2019. GGGI has been supporting the Ministry of Environment, Water and Ecological Transition (MAATE acronym in Spanish) on climate and sustainable finance to help the country achieve its adaptation and mitigation priorities and the Sustainable Development Goals. To date, GGGI supports MAATE in implementing its First National Adaptation Plan (NAP) and National Mitigation Plan (PLANMICC), develops a pipeline of adaptation and mitigation projects, strengthens the Ecuador Zero Carbon Program, and supports Ecuador’s readiness in implementing Article 6 of the Paris Agreement.

As part of the portfolio of the GGGI Ecuador projects, the GCF-funded project Accelerating Ecuador's Climate Change Mitigation Initiatives with Strategic Action Plans and Investment Frameworks is under implementation. The project aims to contribute to cohesive climate change mitigation measures taken by the country’s climate stakeholders by enhancing coordination mechanisms and climate change-related knowledge, developing better-harmonized policy frameworks from an inclusive and gender lens, and improving access to climate finance. This goal will be undertaken through three interrelated targets:

Development of an Action Plan and Investment Plan operationalizing and implementing the National Mitigation Plan;

Enhanced coordination among stakeholders involved in the implementation of climate change mitigation measures;

Priority stakeholders enhanced institutional and technical capacity to contribute to the country’s climate change mitigation agenda.

To achieve the three interrelated targets described above, the GGGI’s project in Ecuador is seeking a consultant to support and accompany MAATE in the development of the PLANMICC Investment Plan, leading its conceptualization, engagement and validation with key stakeholders and beneficiaries related to the five prioritized mitigation sectors; support the prioritization and validation of investment projects which will be included in the Investment Plan guiding the implementation of the National Climate Change Mitigation Plan (PLANMICC). To support the project's implementation, a firm was hired, which is also responsible for carrying out certain activities that require support and coordination from the consultant.

OBJECTIVES OF THE ASSIGNMNET

Develop a methodology and prioritization matrix to identify priority investment projects for each of the prioritized sectors.

Prioritize PLANMICC investment projects.

Conduct workshops to prioritize and validate investment projects with stakeholder groups from each prioritized sector.

Identify potential sources of finance.

Formulate and validate PLANMICC Investment Plan, comprising a portfolio of prioritized investment projects that align with the PLANMICC targets.

DELIVERABLES AND PAYMENT SCHEDULE

Scope of Work

The consultant will work in close collaboration with the GGGI Team in Ecuador, delegates of the Climate Change Mitigation Directorate, key stakeholders from the private sector and industry associations, and liaise with financiers (International Finance Corporation -IFC, Inter-American Development Bank - IDB, European Union – EU, among others), on a deliverable basis and will support the achievement of the project´s outcomes and outputs, leading the following activities:

Deliverable 1: Workplan

The consultant will review existing project materials and consult with relevant project parties (GGGI, MAATE) as necessary to develop a detailed work plan outlining the schedule of significant activities, methodology, milestones, validation meetings, and draft and final deliverables. In coordination with the sectoral specialist delegated from the Climate Change Mitigation Directorate, the consultant will review the firm's deliverables and provide technical criteria to strengthen the implementation of the different activities under the project's scope. To fulfill the assigned duties, the consultant will organize meetings with key sectoral stakeholders and beneficiaries to review and validate any necessary deliverables. Finally, the consultant will support activities related to the project scope as required by the Undersecretariat for Climate Change and the Climate Change Mitigation Directorate.

The deliverable will at least include a timeline and identification of key actors, milestones, times, and proposed deliverables. (Expected delivery date: 12/September/2025).

Deliverable 2: Capacity Building and PLANMICC investment projects prioritized

The consultant will support the mentoring sessions of the capacity-building process and establish a methodology and prioritization matrix to identify priority investment projects for each of the prioritized sectors. The consultant will also elaborate a portfolio of investment projects and develop a draft concept note of an investment project selected. (Expected date of the activity: 28/November/2025).

To comply with the deliverable, the consultant must carry out the following activities:

The consultant will coordinate and support the Firm in developing the mentoring sessions in the “Climate Change Mitigation Project Developer” modules of the Capacity Building Plan and monitor the results. (Expected date of the activity: 19/September/2025).

The consultant will review international, regional, or national methodologies and choose the best to adapt to the Ecuadorian context for the identification and prioritization of investment projects in the five climate change mitigation sectors. (Expected date of the activity: 30/September/2025).

The consultant will review existing project materials to update (as appropriate) and prioritize investment projects in the five climate change mitigation sectors and elaborate on a registry of them. (Expected date of the activity: 10/October/2025).

The consultant will support the consulting firm to elaborate time-bound investment strategies that identify project’s CAPEX, optimal capital structure, sources of revenue, need for concessional financing, potential public and private financing sources, as well as pinpoint the need for technical assistance and feasibility studies for the investment projects prioritized identified in the Deliverable 2. (Expected date of the activity: 28/November/2025).

The consultant will select a mitigation initiative and prepare the first draft of the concept note for application to climate funds according to the formats established by the donor. (Expected date of the activity: 28/November/2025).

The consultant will identify with the Executing Agency according to the donor or fund selected for the implementation of the mitigation initiative. (Expected date of the activity: 28/November/2025).

Deliverable 3: PLANMICC Investment Plan and Closing Workshop

The consultant will coordinate and support the consulting firm in formulating the PLANMICC Investment Plan, considering key stakeholders and beneficiaries across the five climate change mitigation sectors. And elaborate on the final version of the concept note for the selected mitigation initiative. (Expected date of the activity: 12/January/2025).

To comply with the deliverable, the consultant must carry out the following activities:

The consultant will coordinate with the consulting firm on the proposed conceptual approach and content structure for the PLANMICC Investment Plan. (Expected date of the activity: 24/October/2025).

The consultant will support the consulting firm in developing one in-person work session for the formulation of the PLANMICC Investment Plan. (Expected date of the activity: 31/October/2025).

The consultant will support the Firm in developing the first draft of the PLANMICC Investment Plan that will enable and guide the implementation of the PLANMICC. (Expected date of the activity: 30/November/2025).

The consultant will support the Firm in developing one in-person work session to validate the PLANMICC Investment Plan. (Expected date of the activity: 31/December/2025)

The consultant will support the Firm in developing the adjusted version of the PLANMICC Investment Plan, which includes the recommendations and suggestions of the key stakeholders. (Expected date of the activity: 09/January/2026).

The consultant will prepare the final version of the concept note for the selected mitigation initiative in the format of the identified donor or fund, including the selected Executing Agency. (Expected date of the activity: 09/January/2026).

The consultant will support the consulting firm in organizing one in-person work session to close the GCF Project. (Expected date of the activity: 12/January/2026).

Payment Schedule

Deliverable

To be delivered by

Value (% of the total payable)

Deliverable 1: Workplan

12/September/2025

25%

Deliverable 2: Capacity Building and PLANMICC investment projects prioritized

28/November/2025

19/September/2025

30/September/2025

10/October/2025

28/November/2025

28/November/2025

28/November/2025

55%

Deliverable 3: PLANMICC Investment Plan and Closing Workshop

12/January/2026

24/October/2025

31/October/2025

30/November/2025

31/December/2025

09/January/2026

09/January/2026

12/January/2025

20%

REPORTING ARRANGEMENTS

The consultant's work progress will be monitored by the Senior Associate, GCF Project Coordinator, and the sectoral specialist delegated from the Climate Change Mitigation Directorate. Meetings will tackle subjects such as the overview of the contractual objectives, the development of activities, detailed information milestones, actual achievements made against the timeline initially set, and any other relevant progress details. The Director of Climate Change Mitigation of MAATE will approve the consultant products after the technical validation of the sectoral specialist of the Directorate.

The consultant selected must dedicate 100% of his/her time to this process. Therefore, it is not expected to consider other consultancies during the contract period.

The Contract will be supervised by the Senior Associate, GCF Project Coordinator.

The Global Green Growth Institute (“GGGI”) is committed to transparency, accountability, and openness in the organization. In case of any doubt, please refer to our WhistleBlower policy in the link:

http://gggi.org/site/assets/uploads/2017/11/Whistleblower-Policy_02072015.pdf

SUGGESTED METHODOLOGY AND COMPETENCE REQUIREMENTS

The consultant should follow the specific methods and follow MAATE’s and GGGI´s instructions. The consultant will utilize both primary and secondary sources of information to develop activities aligned with the contract objective.

The consultant should demonstrate the credentials described below.

For each deliverable, the consultant is required to deliver a draft version by a date agreed to GGGI, request and respond to comments, and deliver a final version (tracked and clean versions for MS Word deliverables) by the deadline.

EXPERTISE REQUIRED

Academic qualifications:

Bachelor’s degree in business administration, finance, economics, or related field.

Master’s degree in business administration, finance, economics, public policy, economic development, or other related fields to the object of this contract.

Professional qualifications: