Individual Consultant, Sustainable Finance (Mexico)

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. 

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 organization also focuses on knowledge development and management activities which build a strong theoretical and empirical basis for green growth, while providing concrete options and guidance for policymakers; as well as building the conditions for public and private green infrastructure investments. 

Mexico’s development priorities have evolved in the context of global and domestic changes, resulting in a significant push to transform the public life to achieve a greater benefit for all. This intent is ingrained in the National Development Plan 2019-2024, which serves as an umbrella for sectoral and institutional plans and a key tool for cooperation fostering inclusive development. The goal of its political, social, and economic pillars is to bring the nation toward prosperity, security, sustainability; thus, green growth and a low-carbon society are key development objectives for the country.

Over the last decade, the Global Green Growth Institute has consolidated its role as a trusted advisor to Mexico’s federal and subnational governments, actively working collaboratively with key counterparts to establish a strong green growth foundation in the country. In 2014, the Mexican Senate ratified the Agreement for the Establishment of GGGI, which signals Mexico’s commitment to green growth and its recognition of the shared value of this development paradigm in cooperation with GGGI. In 2021, the Country Agreement between GGGI and Mexico was signed between the Mexican Foreign Affairs Secretariat and GGGI; hence, formally recognizing GGGI as one the country’s key partnering international intergovernmental organizations.

Since 2023, the Ministry of Finance and Public Credit of Mexico (SHCP, by its Spanish acronym) has received funding from the UK Partnering for Accelerated Climate Transitions (UKPACT), with GGGI as the implementing partner. This funding supported efforts to enhance and strengthen Mexico’s climate finance architecture, aiming to mobilise public and private financing for sustainable projects and activities. For example, through the UKPACT project, the Ministry received support for the consultation process of the Sustainable Taxonomy with financial guilds and to conduct consultation sessions with financial entities and issuers on the Sustainable Finance Mobilisation Strategy. Regarding the Taxonomy, the UKPACT funding facilitated the development of the first e-learning tool and a toolkit to assist financial entities and project developers in evaluating their projects and assets alignment to the Taxonomy. Furthermore, a significant capacity-building effort for financial guilds benefited over 1,000 individuals. The project also launched a pilot program to identify key gaps and opportunities for financial entities to implement the Sustainable Taxonomy effectively.

OBJECTIVES

The Sustainable Finance Consultant will support GGGI in providing technical assistance to the Ministry of Finance and Public Credit in developing strategic documents related to the implementation of the Sustainable Finance Mobilisation Strategy.

SCOPE OF WORK

The Consultant will carry out at least the following activities:

1. Conduct a comprehensive assessment of the current implementation status of the goals, action lines, and strategic activities established in the Sustainable Finance Mobilization Strategy, published in September 2023 and updated in 2024.

2. Engage with relevant stakeholders through interviews and meetings to gather information on their progress in implementing the Sustainable Finance Mobilization Strategy and the advancement in their strategic activities and contribution to the qualitative and quantitative goals.

3. Summarize, systematically organize and analyze the collected information to be presented in working documents.

4. Prepare a Report on the progress achieved by public and private financial stakeholders, from 2023 to 2024, regarding the implementation of the Strategy. 

5. Develop a Recommendations Report to provide actionable suggestions for enhancing the Strategy and promoting its adoption within the financial sector.

6. Assist in the organization of a socialization meeting with relevant stakeholders to present the Strategy Progress Report.

7. Create supplementary materials, including presentations, notes, and newsletters, to support strategic communication. 

Main topics to be supported:

1. Development of the First Progress Report of the Sustainable Finance Mobilization Strategy (2023-2024).

DELIVERABLES AND PAYMENT SCHEDULE

Outputs/Deliverables

The expected outputs are the following:

(1) Strategy Progress Methodology: This methodology aims to gather strategic information from key stakeholders in the financial system, including authorities and financial entities, about the progress made in implementing the Sustainable Finance Mobilization Strategy, published in 2023 and updated in 2024. It should include, at least, the following components:

• A list of relevant stakeholders to be interviewed or from whom to request information.

• A questionnaire to guide the interviews and collect relevant information on the progress made in the strategic activities and goals.

• A data collection format for the quantitative goals outlined in the Strategy.

Additionally, the methodology should incorporate a strategy for collecting feedback from stakeholders regarding areas for improvement within the Strategy.

(2) Strategy Progress Report: A report to present relevant information on the progress made by financial authorities and financial entities to advance in the implementation of the Sustainable Finance Mobilization Strategy from 2023 to 2024. The report should include the progress on the Strategy quantitative and qualitative goals, and on the strategic activities outlined in the Strategy.

(3) Working elements: A PowerPoint presentation and a newsletter showcasing the main results of the Strategy Progress Report, highlighting the advancement in the mobilization of sustainable finance from public and private sources.

(4) Socialization Report: A report on the working meetings held to collect information for the Strategy Progress Report and the Socialization event with relevant stakeholders to present the Report. The report should include a list of attendees, disaggregated by institution, position and gender.

(5) Recommendations Report: A comprehensive report detailing strategic recommendations for enhancing the Strategy and facilitating its adoption within the financial sector.

Deliverbales, Timeline and Payments

REPORTING ARRANGEMENTS

The development of the consultancy will be monitored and coordinated mainly through meetings related to periodic review and planning. The schedule will be defined in coordination with the Climate Policy and Finance Officer at GGGI-Mexico. These review meetings will address topics such as the strategic direction of activities, coordination of actors, needs to support implementation, as well as reporting on progress about the objective of the consultancy and deliverables.

All reports or results must be written in Spanish (English when required) in accordance with GGGI’s formatting requirements and submitted with proof of editable file back-up (e.g. .docx, .pptx) in an external hard-disk and GGGI SharePoint system. Where relevant, the consultant shall also provide sets of raw data, research materials, and meeting notes related to the contractual objective.

SUGGESTED METHODOLOGY

The consultant should follow the specific methods provided by the Contract Supervisors and ensure full confidentiality of the work delivered. The consultant will make the best use of both primary and secondary sources of information for the development of activities defined under the contract objective. The consultant will always provide the information to the Climate Policy and Finance Officer at GGGI-Mexico for review and approval, prior to taking final action.

The consultant should demonstrate the credentials described below.

EXPERTISE REQUIRED

• Bachelor’s Degree in Economics, Public Administration, Public Policy, Finance, Sustainability or another relevant discipline.

• Master's Degree in Sustainability, Sustainable Development, Finance, Public Policy, or any relevant field.

• Individuals based in Mexico are preferred for this post as this position requires that the consultant engage with Mexican stakeholders.

• At least five (5) years of experience in sustainable finance.

• Proven experience working with the public sector or financial entities.

• Knowledge of the sustainable finance and the Mexican financial system, particularly the public sector.

• Knowledge of the Sustainable Finance Mobilization Strategy and relevant financial policies.

• Excellent writing and report preparation skills.

• Excellent skills in data analysis and critical thinking.

• Strong skills in assertive communication in English and Spanish.

• Analytical, problem-solving and strategic skills.

• Demonstrated ability to build collaborative working relationships with government counterparts.

• Demonstrated capacity to facilitate in-depth, outcome-oriented, stakeholder dialogues.

• Maturity and professional ability to handle sensitive information and ability to respect the confidentiality of such information while working with GGGI even after the contract ends.

• Ability to lead and work effectively with people from diverse cultural and professional backgrounds.

ADMINISTRATIVE INFORMATION  

• Application, cover letter, and CV must be sent in English.

• All applications must be submitted online; those submitted through other channels will not be considered.

• Selection method: competitive selection

• Timeline of selection: 16 July 2025, 11:59 pm

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.