JOB DESCRIPTION

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.

GENERAL INFORMATION

Project: Fiji Development Bank Climate Finance and Technical Assistance Project (FDB-TA)

Position: Consultants for Electric Mobility Financial Products

Duty Station: Suva, Fiji and Home Office

Contract Duration: 1 April 2025 – 18 January 2026

Number of Workdays Estimated: 115 days each

Consultant level: 4

Total Fees: USD 45,000

BACKGROUND

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 associated impacts, FDB is enhancing its financial products to support initiatives in electric mobility, renewable energy, and climate change adaptation. These enhancements are designed to broaden access to financing for climate-aligned projects, with particular attention to supporting vulnerable populations. 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 financing products 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.

The enhanced loan products will prioritize inclusivity, ensuring clear eligibility criteria that expand access to finance for vulnerable groups—including women, marginalized communities, and geographically isolated populations. This emphasis on equitable access is intended to reduce social and geographic disparities in financial services.

The development and enhancement of these products will follow a structured, collaborative approach, engaging key stakeholders, such as the Fiji Government, private sector entities, and other relevant market actors. Through market studies, alignment with national priorities, and the design of financially viable products, FDB seeks to position itself as a leading institution in sustainable finance, driving real progress toward Fiji’s environmental goals and supporting a more inclusive, climate-resilient economy.

OBJECTIVE

The primary objective of this assignment is to develop frameworks (policy statement, strategy & Lending Guidelines) and enhance FDB’s current loan offerings in three key areas of sustainable finance: Electric Mobility, Renewable Energy, and Climate Change Adaptation. This includes adapting existing loan products such as agriculture (fisheries, forestry, etc.), new energy vehicle loans, sustainable energy finance, transport loans, etc., to support climate-aligned initiatives and broaden access for vulnerable groups. FDB currently has over 24 loan products, of which one is for energy efficient electronic vehicles and one for sustainable blue finance.

All proposed products will be designed and refined through a collaborative process with key stakeholders, including FDB, the Fiji Government, civil society organisations, professional associations and other private sector actors. These products will aim to meet the diverse financing needs of individuals and businesses, promote environmental sustainability, and strengthen FDB’s role as a sustainable finance leader in Fiji and the Pacific region.

Specifically, the objectives include:

• Aligning Loan Products with Global (SDGs), National & FDB Mandate Priorities: Developing enhanced loan products that directly contribute to the SDGs, Fiji government’s goals, including 2021 climate change act, national climate change policy for 2018-2030, national adaptation plan (NAP), and FDB’s mandate in promoting electric mobility, renewable energy, and climate change adaptation, ensuring financial accessibility for vulnerable populations. Each product will have clearly defined eligibility criteria to promote financial access for vulnerable groups, addressing gender, social, and geographic inclusion.
• Promoting Sustainable Development: Facilitating access to finance for projects that contribute to environmental and social sustainability, reduce carbon emissions, energy efficiency and build climate resilience. This involves both expanding current products of FDB to meet sustainable development criteria and introducing enhanced financing options for climate-smart investments.
• Enhancing FDB’s Market Position: Positioning FDB as a leading financial institution locally and in the Pacific region for sustainable finance by offering innovative and relevant loan products.
• Capacity Building: Equipping FDB staff with the necessary skills and knowledge to effectively manage and promote enhanced loan products, ensuring a strong institutional capability to support and sustain the bank’s climate and inclusivity goals.
• Integrating Findings into the FDB Climate & Eco Finance Strategy: The findings from this assignment will contribute directly to the ongoing review of the FDB Climate & Eco Finance Strategy.

SCOPE OF WORK AND OBJECTIVES

GGGI intends to recruit three individual consultants to develop the frameworks and enhance the existing FDB loan products. The evaluation of expression of interests (EOIs) would be heavily focused on individual expert CV

Electric mobility is a growing priority for Fiji as the nation strives to reduce reliance on fossil fuels and shift toward cleaner, more sustainable transportation options. Fiji’s transport sector accounts for nearly 60% of the country’s energy sector emissions, making the transition to electric mobility a crucial strategy for achieving the country’s climate commitments under the Paris Agreement. In support of this transition, FDB is committed to enhancing its loan offerings to facilitate the financing of electric vehicles (EVs) and associated infrastructure. This initiative aligns closely with the SDGs, Fiji Government’s environmental, transport, renewable energy and adaptation objectives as well as FDB’s mandate, offering affordable and accessible financing solutions for individuals and businesses investing in electric mobility. Financing for Electric Mobility includes financing of electric, hydrogen, hybrid, or plug-in hybrid vehicles, urban and Rural transportation systems (both vehicles and infrastructure), and project or vehicles switching from gasoline or diesel to sustainable fuels.

2.1. Host Workshop on Shared Priorities for Electric Mobility

• Task: Organize and facilitate a workshop with FDB, the Fiji Government, and other relevant stakeholders, including private sector actors, financial institutions and relevant international agencies, to discuss priorities for enhancing existing loan products to support electric mobility. Identify opportunities to enhance current products to include financing for electric vehicles and related infrastructure, with attention to accessibility for underserved groups.
• Determine the needs and features of and propose financial products tailored to meet local criteria based on workshop and consultations.

• Deliverable: Workshop report summarizing key discussions, agreed priorities, potential partnerships, and action items and work plan describing the implementation schedule for meetings, consultations and outputs. The consultant will incorporate all comments received from FDB and GGGI.
• Content for FDB’s Climate & Eco Finance Strategy Review.

2.2. Develop FDB Electric Mobility Strategy Statement

• Task: Draft an electric mobility strategy for FDB, articulating objectives and value propositions for integrating electric mobility financing into existing products. Assess how FDB’s current loan portfolio can be adapted to promote low-carbon transport options that meet climate and inclusivity criteria.
• Incorporate comments and feedback received from FDB and GGGI in the strategy statement.

• Deliverable: FDB Electric Mobility Strategy Statement document, including an analysis of how this strategy will enhance existing FDB products. The consultant will incorporate all comments received from FDB and GGGI.
• Content for FDB’s Climate & Eco Finance Strategy Review.

2.3. Undertake a Fiji Electric Mobility Loan Market Study

• Task: Conduct a comprehensive market study on the demand for electric mobility financing in Fiji, including public transport, with a focus on adapting existing products. Include an analysis of market segments that may benefit from enhanced electric mobility options, customer profiles, competing loan products, and identify barriers and opportunities for underserved populations. This task will also involve a review of global best practices in electric mobility financing and their applicability to the Fijian context. As well as alignment to Fiji’s transport sector objectives.

• Deliverable: Fiji Electric Mobility Loan Market Study report, including market size estimation, demand features, competitive analysis, and strategic recommendations. The consultant will incorporate all comments received from FDB and GGGI.
• Content for FDB’s Climate & Eco Finance Strategy Review.

2.4. Design FDB Electric Mobility Loan Product

• Task: Based on findings, propose enhancements to FDB’s current loan products to support electric mobility focusing on eligibility criteria, risk management strategies, marketing approaches, pricing models and potential partnerships with vehicle manufacturers, suppliers, and other stakeholders. Include criteria that prioritize gender and geographic inclusion, as well as partnerships with relevant stakeholders.

• Deliverable: Enhanced Electric Mobility Loan Product Design document, with detailed specifications, risk assessment, and implementation plan. The design will also require approval from the relevant FDB management committee. The consultant will incorporate all comments received from FDB and GGGI.
• Content for FDB’s Climate & Eco Finance Strategy Review.

2.5. Operationalize FDB Electric Mobility Loan Product

• Task: Develop the necessary procedures, lending guidelines, templates, and forms for FDB’s enhanced electric mobility product, integrating it with existing loan processes. This will include training FDB staff in relevant departments such as climate & eco finance, credit risk & approval, finance, treasury and relationship & sales teams. The operationalization process will ensure that all relevant FDB teams are fully equipped to manage the enhanced loan product effectively.

• Deliverable: Complete set of operational materials, including procedures, manuals, templates, and forms. Training completion report for FDB staff, documenting the training sessions conducted, participants, and feedback. The consultant will incorporate all comments received from FDB and GGGI.
• Content for FDB’s Climate & Eco Finance Strategy Review.

2.6. Closely coordinate with the team leader, incorporating their feedback into documents prepared by the consultant and reports requiring the consultant’s input. Actively contribute to teamwork by attending team meetings organized by the team leader and providing regular updates via email and other communication channels.

TIMELINE, DELIVERABLES AND PAYMENT SCHEDULE

Payments will be made upon FDB and GGGI approval of each deliverable.

• a postgraduate degree in transport, sustainable finance, sustainable development, climate policy development or other relevant fields is preferred.
• At least 3 years of experience in transport and financing.
• Proven experience in a proven track record in designing loan products for electric mobility (writing samples will be required).
• Strong market research and stakeholder engagement skills.
• Relevant professional experience in a similar country context is preferred but not mandatory

ADMINISTRATIVE INFORMATION

The assignment is expected to be completed within the timeline of April 2025 to January 2026. The consultant/team is expected to adhere strictly to this timeline, ensuring timely delivery of all deliverables.

Interested consultants are invited to submit their proposals, including:

• A cover letter detailing their suitability for the assignment.
• CV
• 2 references and 2 samples from similar previous assignments.
• A budget breakdown and financial proposal. Field trip(s) should be factored into the financial proposal, with the understanding that the majority of tasks will be conducted remotely from the consultant’s home office.

Proposals must be submitted by 20 February 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.

Late applications will not be considered. Submissions received after the deadline via the GGGI platform will be automatically disqualified.

All application materials, including the Cover Letter and CV, must be in English.

The opportunity is for individual consultants only. However, a company may nominate one of their experts. In this case, the contract will be signed solely with the individual consultant.

Proposals will be evaluated based on the following:

• Relevant Experience: 50%
• Proposed Methodology: 25%
• Budget and Cost-effectiveness: 15%
• Timeline and Work Plan: 10%

Level of Education: Bachelor Degree

Work Hours: 8

Experience in Months: No requirements