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.

Over the last decade, the Global Green Growth Institute has consolidated its role as a trusted advisor to Mexico’s federal and subnational governments, actively working collaboratively with key counterparts to establish a strong green growth foundation in the country. In 2014, the Mexican Senate ratified the Agreement for the Establishment of GGGI, which signals Mexico’s commitment to green growth and its recognition of the shared value of this development paradigm in cooperation with GGGI. In 2021, the Country Agreement between GGGI and Mexico was signed between the Mexican Foreign Affairs Secretariat and GGGI; hence, formally recognizing GGGI as one the country’s key partnering international intergovernmental organizations.

Between 2019 and 2021, the Ministry of Finance and Public Credit of Mexico (SHCP for its acronym in Spanish) as National Designated Authority (NDA) of the Green Climate Fund (GCF), through the GCF Readiness Programme, has received funding to support activities that enhance and strengthen Mexico’s climate finance architecture to mobilize public and private, national, and international, climate financing for mitigation and adaptation projects and programs in the country.

In 2022, a Multiyear GCF Readiness Programme started its implementation to continue strengthening capacities of the Ministry of Finance of Public Credit (SHCP) -as focal point of GCF and other green funds, candidate and accredited DAEs, including Nacional Financiera (Nafin), on sustainable finance to mobilize investments that advance Mexico’s climate and sustainable commitments.

GGGI has worked closely with Nafin on its accreditation process to the GCF, supporting in the adoption of international best practice to address identified gaps in ES safeguards and gender, strengthening capacities on sustainable finance, and contributing to the development of concept notes to support the mobilization of resources that contribute to the achievement of Mexico’s SDGs and NDCs.

OBJECTIVES

The Nafin Climate Finance Consultant aims to support Nafin to finalize the process of addressing the conditions set by the GCF Board in order to sign the Accreditation Master Agreement (AMA); support in the coordination of internal meetings required for the development of concept notes; prepare a sustainable/green/climate project/programme pipeline for Nafin; and strengthen Nafin’s relationship with international financial institutions to advance the mobilization of resources that contribute to the achievement of the SDGs and the NDCs.

The Nafin Climate Finance Consultant will be supporting the implementation and delivery of the activities established in the GCF Readiness and Preparatory Support Program in Mexico. S/he will directly report to the ESG and Compliance Senior Associate in GGGI Mexico’s office and the Director of International Financial Institutions in Nafin.

The Nafin Climate Finance Consultant should be embedded in GCF Readiness beneficiary office (Nafin) to advance the work towards complete accreditation and mobilization of GCF resources. This is a full-time consultancy working at Nafin.

SCOPE OF WORK

The consultant will carry out at least the following activities:

1. Coordinate Nafin’s final GCF accreditation process, including follow-up to finalize the conditions set by the GCF Board on ESS safeguards, Grievance Redress Mechanism, and gender.
2. Prepare the final draft of the AMA and coordinate final review by Nafin’s legal department and the areas that will participate in the signature of the agreement.
3. Coordinate internal meetings required for the development of Nafin’s concept notes.
4. Prepare a sustainable projects/programme pipeline for Nafin.
5. Liaise with international financial institutions to support Nafin in mobilizing sustainable/green/climate finance for programmes and projects.
6. Prepare Nafin’s participation in international events that contribute to the achievement of the SDGs and NDCs.
7. Support in the organization of Nafin’s workshops and webinars that contribute to the promotion and adoption of international best practices on sustainable finance.

Main topics to be supported:

1. Completion of activities to address GCF conditions for final accreditation
2. Preparation of the AMA to be signed between Nafin and the GCF
3. Coordination of internal meetings required for the development of Nafin’s concept notes
4. Preparation of a sustainable projects/programmes pipeline for Nafin
5. Liaison with international institutions to strengthen Nafin’s sustainable/green/climate finance mobilization
6. Other ad hoc support to activities related to Nafin’s climate finance and international cooperation agenda

DELIVERABLES AND PAYMENT SCHEDULE

Outputs/Deliverables

The expected outputs are the following:

(1) One Working Plan. A complete workplan with activities, dates and detailed methodological approach must be prepared by the consultant.

(3) Deliverables:

• 1 Report of Nafin’s compliance with GCF conditions for final accreditation with lessons learned;
• 1 Report on Nafin’s participation on international events related to sustainable/green/climate finance mobilization;
• 1 Report that contains a potential project/programme pipeline for Nafin with recommendations on how to strengthen Nafin’s climate finance;

(1) Final Report. A summary of the main outcomes delivered during the consultancy, including a description of the deliverables among other activities developed.

Deliverables, timeline, and payments

Reporting Arrangements

The development of the consultant will be monitored and coordinated mainly through meetings related to periodic review and planning. The schedule will be defined in coordination with the Nafin and the ESG and Compliance Senior Associate of GGGI Mexico’s office. These review meetings will address topics such as the strategic direction of activities, coordination of actors, needs to support implementation, as well as reporting on progress about the objective of the consultancy and deliverables. This is a full-time consultancy; the consultant will be working directly at Nafin’s offices.

All reports or results must be written in Spanish/English (when required), in accordance with GGGI’s formatting requirements, and submitted with proof of editable file back-up (e.g. .docx, .pptx) in an external hard-disk and GGGI SharePoint system. Where relevant, the consultant shall also provide sets of raw data, research materials, and meeting notes related to the contractual objective.

Suggested methodology and competence requirements

The consultant should follow the specific methods provided by the Contract Supervisors and ensure full confidentiality of the work delivered. The consultant will make the best use of both primary and secondary sources of information for the development of activities defined under the contract objective. The consultant will always provide the information to Nafin and the ESG and Compliance Senior Associate of GGGI Mexico’s office for review and approval, prior to taking final action.

The consultant should demonstrate the credentials described below.

• Bachelor’s Degree in Economics, International Relations, Finance, Sustainability or another relevant discipline.
• 3 to 4 years of relevant experience in international cooperation or sustainable finance.
• Excellent writing and report preparation skills.
• Strong skills in assertive communication in English and Spanish.
• Analytical, critical thinking, problem-solving, and strategic skills.
• Ability to build collaborative working relationships with government counterparts.
• Ability to lead and work effectively with people from diverse cultural and professional backgrounds.

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.