INDIA: ADVISOR GREEN FINANCE NETWORK

Please note that the deadline is based on Korean Standard Time Zone (KST, UTC+9)

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: ROA035-E1 - IKI-funded Asia Low-Carbon Buildings Transition (ALCBT) project
• Duty Station: India            
• Contract Duration: 6 months, November 2025 - April 2026
• Consultant Level: Level 6
• Total Fees: 8000 USD

The Asia Low Carbon Buildings Transition (ALCBT) Project (2023–2028), supported by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) through the IKI program, is implemented in Cambodia, India, Indonesia, Thailand, and Vietnam. The project seeks to catalyze low-carbon transitions in the building sector through technical tools, institutional strengthening, and green finance mechanisms.

As part of this effort, the Green Finance Network (GFN) has been conceptualized as a multi-stakeholder platform of financial institutions to mobilize and scale investments in low-carbon buildings (LCBs). The GFN will be established in each project country during Phase 1 (2025–2028) to:

• Convene banks, DFIs, MFIs, and investors for structured dialogue;
• Support development of green financial products and business models;
• Build capacity of financial institutions on LCB finance;
• Facilitate knowledge exchange and link with regional and global platforms

The India Country Assessment Report developed as part of the project has highlighted barriers to green building finance such as high upfront costs, weak enforcement of codes, and limited awareness among financial institutions. At the same time, it identifies opportunities in green bonds, concessional capital, and innovative instruments such as risk-sharing facilities.

Against this backdrop, GGGI seeks to hire an Individual Consultant to support the operationalization of the GFN in India, including stakeholder engagement, capacity-building, and preparation of enabling frameworks.

OBJECTIVES OF THE ASSIGNMENT

The consultant will provide technical, coordination, and stakeholder engagement support for the establishment of the Green Finance Network (India node), ensuring alignment with ALCBT objectives and national finance/ energy policies. A key deliverable will be the successful organization of the GFN Launching Workshop in India, alongside preparatory and follow-up actions leading to practical implementation.

DELIVERABLES AND PAYMENT SCHEDULE

The consultant will support the GGGI India Country Team under the supervision of ALCBT India project manager, and in close coordination with government counterparts, financial institutions, and private-sector stakeholders. Specific tasks include:

1. Stakeholder Engagement & Mapping
• Identify and engage priority financial sector actors (banks, DFIs, NBFCs, MFIs, green bond issuers).
• Develop a stakeholder matrix and partnership engagement plan.
• Facilitate coordination with key government and regulatory institutions (MoF, RBI, SEBI, BEE, MoHUA).
  
  
2. GFN Launching Workshop (India)
• Design, plan, and organize the GFN Launching Workshop in India.
• Prepare agenda, background note, participant list, and concept note.
• Ensure active participation of financial institutions, regulators, and developers.
• Document proceedings and prepare a workshop outcome report.
  
  
3. Capacity Building & Knowledge Products
• Develop tailored training need assessment for financial institutions on LCB finance, if any, in addition to the existing ALCBT training modules (risk appraisal, project structuring, blended finance, etc.).
• Support adaptation of knowledge-sharing tools (aligned with ALCBT’s OSS platform).
• Prepare case studies or briefs on innovative financing instruments for India.
  
  
4. Green Finance Pipeline and Product Development Support
• Facilitate discussions with banks/DFIs on
1. Engaging them, and other relevant stakeholders like ESCOs, developers etc., via ALCBT’s OSS platform for LCB project pipeline development
2. piloting green finance products (e.g., green mortgages, concessional credit lines, risk-sharing facilities).
• Provide inputs to align products with India’s emerging green taxonomy and international standards.
  
  
5. Implementation Roadmap
• Draft a 2–3 year roadmap for GFN India (2025–2028), including governance, membership, financing model, and integration with the regional GFN work.
• Identify synergies with ongoing national initiatives (ECSBC enforcement, Smart Cities Mission, ICAP, sovereign green bonds, etc.).

Reporting Arrangements

• The consultant will report directly to the GGGI India Country Representative and work closely with the ALCBT Project Manager.
• Monthly progress updates will be shared with GGGI in MS-Word format.
• The consultant will coordinate with government counterparts and financial institutions, with GGGI facilitating introductions as needed.

EXPERTISE REQUIRED

• Master’s degree in finance, economics, public policy, or related field. PhD is desirable
• Bachelor’s degree in engineering in any discipline from a recognized university.
• At least 15 years of professional experience in public/ private/ developmental sector.
• At least 10 years’ experience in energy and 5 years of experience in (climate) finance/ economics in India.
• Strong knowledge of India’s financial ecosystem, regulators, and building/ energy efficiency sector.
• Proven track record in curating and/ organizing high-level multi-stakeholder workshops.
• Experience in developing financial products, taxonomies, or risk-sharing mechanisms especially for buildings sector is preferred.

1) Interested consultants shall submit following documentations:  

• Request for an additional document to be submitted for application in addition to the cover letter, and CV
• Selection method/process
• Timeline of selection

2) 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.