Ecuador: Environmental Social And Governance

ECUADOR: ENVIRONMENTAL SOCIAL AND GOVERNANCE (ESG) SPECIALIST CONSULTANTINTRODUCTION TO GGGIThe 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 web page. 
GENERAL INFORMATIONDuty Station: Quito, EcuadorContract Duration: (20) March 2024 to (20) Jun 2024Estimated Work Days:  50Consultant Level: Level 4Deliverable-based or daily rate: Deliverable-based PROJECT BACKGROUNDThe 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 a 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 strong economies that are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change. GGGI supports stakeholders through complementary and integrated workstreams that deliver comprehensive products designed to assist in developing, financing, and mainstreaming green growth in national economic development plans.
GGGI has a diverse portfolio of programs in developing countries around the world. These in-country programs, together with global products and services, focus on delivering results through an integrated approach of evidence-based green growth planning and implementation aligned to countries' development priorities.
The achievement of Ecuador's NDC targets requires a substantial increase in the volume of public and private, national and international climate finance invested in the country.
As a result, the Government of Ecuador, under the leadership of the Ministry of Environment, Water, and Ecological Transition (from now on referred to as MAATE) and Ministry of Economy and Finance (from now on referred to as MEF), has embarked on an ambitious effort to increase the mobilization of international climate finance and private investments for a climate resilient and low-carbon development. The Green Climate Fund's (from now on referred to as GCF) project called "Mobilization of international climate financing and private investments for climate-resilient and low-carbon development in Ecuador" will help Ecuador in achieving its goals.
The project aims to enhance Ecuador's strategic framework to increase the mobilization of international climate finance and private investments for advancing the implementation of the country's Nationally Determined Contribution (NDC) and its low-carbon development.
One of the anticipated outcomes of this project is to enhance the capabilities of Ecuadorian financial institutions in the effective integration of environmental, social, and governance standards into banking processes, systems, and instruments.
OBJECTIVES OF THE ASSIGNMENT The Consultant's role is to enhance the capabilities of Ecuadorian financial institutions in effectively integrating environmental, social, and governance standards into banking processes, systems, and instruments.
Under this assignment, the scope of services and work will include:
Conducting three capacity-building workshops, each lasting a minimum of 3 hours for at least 40 participants, including relevant stakeholders within the Ecuadorian financial system, focused on sustainable banking practices and instruments.Developing an ESMS Handbook collecting best practices and lessons learned to facilitate the development and operationalization of Environmental and Social Management Systems by financial institutions.Developing and disseminating awareness-raising material on ESG risk materiality and benefits of ESG integration in financial institutions processes and systems. SCOPE OF WORK - DELIVERABLES Activities / Deliverables:
Stage 1: Work Plan Present the consultancy work plan, describing methodology, the roles of responsible individuals, indicating the work schedule, workshop needs, and proposing a list of participants for each workshop. Stage 2: Capacity-Building Workshops Conduct a detailed assessment of training needs to identify specific topics and areas where financial institutions in the sector need to enhance their capabilities in sustainable banking practices.Facilitate 3 in-person capacity-building workshops, each lasting approximately 180 minutes. Target a minimum of 40 relevant participants from the Ecuadorian financial system for each workshop. Ensure gender equality in participation, with at least 50% of female participants.Prepare a comprehensive workshop report, including meeting minutes, presentation materials, capacity development materials, and a participant list broken down by gender and any other key indicator.Generate pre- and post-workshop evaluation reports to measure the effectiveness of the training process. Stage 3:  Manual: ESMS Handbook
Developing an ESMS Handbook collecting best practices and lessons learned to facilitate the development and operationalization of Environmental and Social Management Systems by financial institutions. Stage 4: Development and Dissemination of Awareness Material Develop at least 3 informative products on the awareness-raising material on ESG risk materiality and benefits of ESG integration in financial institutions processes and systems. These materials may take formats such as "one-pagers," brochures, or informational leaflets.Utilize appropriate communication channels to disseminate the materials, including the financial institution's website, newsletters, social media, and email. PAYMENT SCHEDULE Please note that payments will be disbursed based on the successful completion (reviewed and approved by the project manager GGGI, an approval is granted once the corrections suggested in the review process are implemented) of the deliverables described above, according to the following table: 
Deliverable Description % Billing Deadline 1
Work plan, including objectives, methodology, activities, and schedule.
40%
One week upon contract signature
2
Report on the Assessment Results of Capacity-Building Needs in the Financial Sector
30%
Ten weeks upon contract signature
At least 3 Workshop reports.
Pre- and post-assessment reports on capacity strengthening to ensure effective implementation.
3 & 4
Manual: ESMS Handbook
30%
Twelve weeks upon contract signature
At Least 3 Informative Products on the Materiality of ESG Risks.
Total 100%
COORDINATION AND COMPLIANCE All relevant technical papers, reports, regulation drafts and other documents prepared from the start to the end of the assignment shall be revised and approved by the project manager (GGGI).  The dates of the review periods must be detailed within the workplan.All relevant technical papers, reports, and other documents prepared from the start to the end of the assignment shall be attached to the final Report and should be included in a digital repository.All reports and results must be in Spanish, in accordance with GGGI format requirements, and presented in electronic formats, along with complete sets of raw data, research materials, interview notes and any related evidence.The consultant will make the best use of both primary and secondary sources of information to develop activities defined under the contract objective.The consultant will work closely with GGGI staff to ensure the goals of this consultancy, and he/she will also be responsible for reporting their progress to the GGGI assigned supervisor.This consultancy fee is a lump sum cost. EXPERTISE REQUIREDMaster´s degree in Economics, Macroeconomics, Finance, Public Administration, Sustainable Development, or another relevant field.At least 5 years of experience in designing and implementing comprehensive capacity-building processes within the financial sector, with a specific focus on the effective integration of environmental, social, and governance (ESG) standards into banking processes, systems, and instruments.At least 5 years of experience in organizing and facilitating training workshops in a financial context for relevant groups within the Ecuadorian financial sector.At least 5 years of experience in designing and developing awareness materials concerning the materiality of environmental, social, and governance risks, as well as the benefits of integrating ESG criteria in the financial sector.Verification of the bidders' experience in similar, equivalent, and comparable consulting services through relevant certificates.Verbal and written fluency in English and Spanish. KNOWLEDGE AND SKILLS Leadership, teamwork, and creative problem-solving abilities.Knowledge of international sustainability standards and sustainable banking practices.Ability to develop and maintain working relations with financial sector stakeholders.Ability to multi-task and prioritize under stressful circumstances.Syntaxy and redaction proficiency ADMINISTRATIVE INFORMATION   Request:  GGGI Application form, CV?and cover letter? Selection method/process: competitive? Timeline of selection: 15 days??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. Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI's Child Protection Policy is written in accordance with the Convention on the Rights of the Child.