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Thailand’s climate tech startup ecosystem faces a series of complex challenges that hinder the growth and scalability of innovative solutions aimed at addressing climate change. Early-stage funding, which is crucial for startups to scale, remains scarce. Investors, both domestic and international, often perceive climate tech ventures as high-risk, particularly in sectors like energy, transport, and agriculture, where the potential for GHG emissions reduction is significant but difficult to demonstrate in the early stages. This risk perception limits the availability of capital and leaves startups struggling to access the financial resources needed to develop and commercialize their solutions.
Adding to these challenges, climate tech startups often find themselves navigating a fragmented support ecosystem, where the lack of a centralized source of information on funding opportunities, regulatory requirements, and technical assistance creates significant hurdles. Many startups are left uncertain about where to seek critical resources and guidance, leading to inefficiencies and delays in their growth. Specifically, many startup companies have approached DCCE seeking guidance and support, particularly regarding funding available. However, without a structured roadmap, DCCE has struggled to provide effective advice and guidance. These startups are often unsure which government organizations or agencies to approach in order to obtain the support they need. This lack of direction, coupled with limited access to tailored support, hampers their ability to secure the necessary funding and expertise to scale their innovations, further stalling progress in the climate tech sector.
In response to these barriers, GGGI, in collaboration with Beacon Venture Capital and the Department of Climate Change and Environment (DCCE), is developing a Climate Tech Startups Roadmap for Thailand. This roadmap will provide clear pathways for startups to access funding, regulatory guidance, and support mechanisms, ultimately fostering a more robust innovation ecosystem in the climate tech sector.
The consultant is expected to deliver a comprehensive Climate Tech Startup Roadmap for Thailand. The Roadmap should provide clear pathways for climate tech startups to access funding, technical support, and market opportunities. It will be based on thorough stakeholder consultations, an analysis of current challenges, and identification of best practices globally. The Roadmap is expected to include, but not limited to, the following information:
The consultant is expected to collect data through literature reviews, compilation of publicly available and credible statistics, stakeholder consultations and key informant interviews in carrying out the scope of work.
The consultant shall perform the following key tasks:
The expected outputs of the Consultant and payment schedule are as follows:
# | Deliverables | Due Date | % of Payment |
1 | Inception report (consisting of workplan, approach, and timeline) | Within 2 weeks after contract signing | 10% |
2 | Stakeholders’ consultations | 31 Oct 2024 | 20% |
3 | Report on preliminary analysis of climate tech startup landscape in Thailand | ||
4 | Identification of up to 10 attractive climate technology subsectors (watchlist) | 15 Nov 2024 | 10% |
5 | First draft Climate Tech Startup Roadmap in English language | 30 Nov 2024 | 40% |
6 | Final draft Climate Tech Startup Roadmap in English language | 31 Dec 2024 | 20% |
7 | Translation of the final Climate Tech Startup Roadmap into Thai language | 31 Jan 2025 | – |
TOTAL | 100% |
All deliverables from the consultant must be approved by GGGI. The Consultant shall consider the comments and necessary revisions proposed. Within 14 days from the receipt of the comments or modification proposal from the GGGI, the Consultant shall prepare and submit the revised deliverable(s).
The Consultant is, at least, required to meet the following qualifications:
The following documents must be submitted in English:
Only shortlisted candidates will be invited for an interview, written test or presentation as appropriate. The consultant will ensure:
A consortium, or a firm may not be engaged as this is an individual consultant assignment.
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.