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.
The Fiji Development Bank (FDB) is committed to supporting Fiji’s transition towards a sustainable, low-carbon, and climate-resilient economy. Recognizing the urgent need to address climate change and its impacts, FDB is enhancing its financial products and operations to finance projects that significantly reduce greenhouse gas (GHG) emissions and promote adaptation activities, contributing to Fiji’s Nationally Determined Contributions. FDB’s main objectives are to facilitate and stimulate the promotion and development of natural resources, transportation and other industries and enterprises in Fiji and to give special consideration and priority to the economic development of the rural and agricultural sectors of the economy. FDB is the first development bank in the South Pacific accredited as Direct (National) Access Entity by the Green Climate Fund (GCF). The objective of this consultancy is to strengthen FDB’s capacity to monitor and evaluate the carbon emissions impacts of its lending activities and corporate operations. By developing a comprehensive GHG emissions monitoring and reporting framework, FDB seeks to embed climate considerations into its operational processes, thereby contributing to Fiji’s Sustainable Development Goals (SDGs). This initiative is part of a collaborative project with the Global Green Growth Institute (GGGI), funded by the Agence Française de Développement (AFD), aimed at advancing sustainable finance solutions (shifting away from business as usual) across key sectors.
FDB’s strategic goal is to align its operations with national development priorities, as well as global commitments such as the Paris Agreement and the Sustainable Development Goals (SDGs). In this context, FDB is working alongside GGGI and with funding from AFD to expand its portfolio of climate-resilient loan products, making them accessible to individuals and businesses, including those from underserved communities, and to upgrade and standardize operations with adequate monitoring and reporting mechanisms, well-calibrated templates and systems that promote collaboration and communication.
The primary objective of this consultancy is to strengthen FDB’s capacity to monitor, evaluate, and report GHG emissions impacts associated with its lending activities and operations. By developing a comprehensive framework for emissions impact monitoring and reporting, the consultancy aims to enable FDB to systematically estimate and document the carbon impacts of its projects, loan portfolio and internal operations (e.g. buildings; fleet; recruitment process; loan process etc). This will support the realization of FDB’s mandate as well as alignment with Fiji’s climate commitments and sustainable development goals while promoting transparency and accountability in its operations. This initiative will enable FDB to integrate climate considerations into its lending operations, foster sustainable finance practices, and contribute to Fiji’s transition to a low-carbon, climate-resilient economy.
Specific objectives of the consulting services include:
1. Review FDB Loan Database
1.1. Collect and analyze FDB loan and investment portfolio database to assess data availability related to emissions impact, including loan sector/subsector, terms, purpose, and amount.
1.2. Identify and document data gaps and recommend improvements to data collection processes to support the evaluations of GHG emissions impact.
2. Review and Select Emissions Impact Measurement Methodology
2.1. Prepare a note summarizing global best practices and methodologies for GHG emissions impact measurement tools applicable to national development banks and highlight in detail what are appropriate for FDB given its strategy and current capacity.
2.2. Evaluate and propose GHG emissions assessment methodologies and tools based on FDB’s data availability, sectors of focus, and Fiji’s climate and development policy priorities.
2.3. Engage with FDB, The Climate Change Division of the Ministry of Environment and Climate Change, the Green Climate Fund and other relevant stakeholders to validate the suitability of the selected methodology and tools.
2.4. Develop a technical report outlining the selected methodology, its application, and implementation steps.
3. Estimate Carbon Impacts of FDB Lending
3.1. Apply the selected GHG emissions impact methodology and tools to estimate the carbon impacts and emission savings of FDB’s financed projects, lending and operations.
3.2. Use historical data to establish baseline emissions for projects, loan portfolio, operations and assess cumulative impacts, subject to the data availability.
3.3. Prepare a detailed estimation report, including quantified carbon impacts and key assumptions used in calculations.
4. Review Loan Origination and Monitoring Processes
4.1. Analyze existing loan origination and monitoring workflows to identify integration points for emissions impact triggers and reporting.
4.2. Propose process enhancements to embed emissions impact assessments into the loan lifecycle, from origination to monitoring.
4.3. Document recommended process improvements and share the findings of review and research with FDB management.
5. Assess Software Systems for Monitoring
5.1. Research and recommend suitable software solutions, including open-source options, as well as potential updates or new systems to enhance monitoring and reporting.
5.2. Prepare a feasibility report comparing options, considering cost, scalability, and integration with existing FDB systems.
6. Develop Emissions Monitoring Framework
6.1. Draft a comprehensive monitoring framework, detailing:
6.2. Conduct stakeholder (including Ministry of Environment & Climate Change, Department of Energy, Green Climate Fund etc.) consultations to refine and finalize the framework.
6.3. Present the finalized framework to FDB management for approval and implementation planning.
7. Develop Reporting and Disclosure Mechanism
7.1. Develop templates and tools for emissions reporting, aligned with the framework and Fiji’s national reporting standards, the Green Climate Fund and other global recognized reporting requirements.
7.2. Integrate emissions reporting into FDB’s annual reporting processes, ensuring alignment with FDB management expectations including the development of FDB ESG Report and FDB Sustainability Report.
7.3. Pilot the newly developed reporting mechanism to validate and ensure accuracy and usability.
8. Capacity Building for FDB Staff
8.1. Develop tailored training materials for FDB headquarters and branch staff, focusing on:
8.2. Conduct interactive training workshops, involving relevant FDB staff.
8.3. Prepare a final training report summarizing activities, outcomes, and future training recommendations.
8.4. Submit all prepared documents, templates, tools, and resources to FDB management.
Deliverable | Description | Payment % | Completion Date |
1. FDB Loan Database Review and GHG Emissions Impact Measurement Methodology | -Emission data analysis. Analysis of the availability of emissions-related data within FDB’s loan database, identification of data gaps, and recommendations for improvement.
-Methodology Review: Evaluation of best global practices, assessment criteria, and the selected emissions impact measurement methodology. |
25 | September 2025 |
2. GHG Emissions Impact Assessment of FDB Lending and Operations and Software Systems for GHG Accounting | The report includes quantified carbon impacts/emission savings of FDB-financed projects, with baseline assumptions, identification of integration points, recommendations on enhancements for incorporating emissions assessments into loan workflows and software system options for emissions monitoring, including recommendations for updates or new solutions, suited for the needs and capacity of FDB. | 25 | August 2025 |
3. FDB Emissions Monitoring and Disclosure Framework | FDB’s GHG emissions monitoring framework document, including methodology, data collection protocols, estimation processes, reporting mechanism, and different FDB units and departments’ roles. The report describes templates and tools for emissions reporting integrated into FDB’s reporting processes | 30 | November 2025 |
4. Final Report | The comprehensive final report includes training materials and workshop agendas tailored for corporate and branch staff and summarizes the consultancy activities, outcomes, and sustainability recommendations. | 20 | 19 December 2025 |
The consultant will report to the Manager Climate & Eco Finance (CEF) in collaboration with the Senior Economist-Pacific and Green Investment Officer from GGGI and work closely with FDB’s teams in Policy & Product, Finance/Treasury, Credit Risk & Approval, Enterprise Risk Management, Internal Audit, Relationship & Sales, with support from the CEF Team. Regular progress updates will be required, and all deliverables will be subject to review and approval by FDB. The consultant will incorporate comments received from FDB in reports.
The consultant will also be expected to engage regularly with key stakeholders, including the Fiji Government, private sector representatives, Green Climate Fund and other relevant actors, to ensure that the loan products are developed in a collaborative and inclusive manner.
The assignment is expected to be completed within the timeline of 1 April 2025 to 19 December 2025. The consultant is expected to adhere strictly to this timeline, ensuring timely delivery of all deliverables.
1) Interested consultants are invited to submit their proposals, including:
2) Proposals must be submitted by 24 March 2025 (11:59 PM KST) through the GGGI online platform in accordance with the platform’s rules. Any correspondence related to this advertisement should be conducted exclusively through the GGGI platform.
Expression of interests and proposals will be evaluated based on the following: