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.

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:

1. 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.
2. 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.
3. Developing and disseminating awareness-raising material on ESG risk materiality and benefits of ESG integration in financial institutions processes and systems.

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.

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:

• 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 REQUIRED

• • Master´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.

• • 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

• 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.