PECC Financial Consultant

PECC Financial Consultant

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 web page. 

The organization partners with countries, multilateral institutions, government bodies, and the private sector to help build strong economies that are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change. GGGI supports stakeholders through complementary and integrated workstreams that deliver comprehensive products designed to assist in developing, financing, and mainstreaming green growth in national economic development plans.

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.

OBJECTIVES OF THE ASSIGNMENT 

Under the GCF-funded project “Implementing Ecuador’s National Climate Finance Vehicle and Carbon Zero Program” GGGI is supporting the strengthening of the PECC to enhance its financial sustainability and capacity to mobilize private sector mitigation efforts.

The Individual Consultant shall provide technical support to design the financial structure of the Ecuador Zero Carbon Program (PECC), ensuring its financial sustainability, market relevance, and operational feasibility, in close coordination with GGGI and the MAE. The assignment will require regular on-site presence at the MAE to facilitate close technical coordination, access to institutional information, stakeholder engagement, and validation of key outputs, and will encompass:

i) Financial analysis of the PECC’s current structure.

ii) Proposal for revenue generation to strengthen the financial sustainability of the PECC, considering its business model and a market analysis. The proposal must include the design of at least two revenue-generation mechanisms, such as fees.

iii) Identification and design of potential financial incentives for joining the PECC or for its members, based on its business model.

iv) Financial analysis of the Technical Standard for the Greenhouse Gas Emissions Offsetting Scheme of Ecuador.

v) The consolidation of these analyses into an integrated financial structure and sustainability framework to support the long-term viability of the PECC. 

DELIVERABLES AND PAYMENT SCHEDULE

The consultant will be responsible for:

Deliverable 1: Work Plan

• Develop a detailed work plan outlining the methodology, timeline, milestones, and coordination mechanisms for the assignment, in consultation with GGGI, MAE and relevant stakeholders.

Deliverable 2: PECC Financial Analysis

• Conduct a financial analysis to identify funding gaps, cost structure, and opportunities for the PECC.

• Include a detailed analysis of revenue sources, income structure, and their current sustainability.

• Incorporate an analysis of the relevant market, identifying key stakeholder segments with the potential to generate revenue for the PECC and assessing their capacity to financially contribute to the program.

Deliverable 3: Financial Income Proposal for the PECC

• Propose at least two alternative fee structures for self-financing or other revenue sources, including financial scenarios, feasibility analysis, and sustainability assessment, as well as their potential impact on the PECC business model.

• Develop a comparative analysis of the proposed models, supported by financial indicators, to assess their feasibility, sustainability, and performance.

• Provide technical and financial justification for the proposed options, based on the information gathered in Deliverable 2, including the selection of sectors, stakeholders, and mechanisms, identifying the advantages and disadvantages of each model.

Deliverable 4: Financial Incentives for PECC Members

• Conduct a financial analysis of the Technical Standard for the Greenhouse Gas Emissions Offsetting Scheme of Ecuador, aimed at supporting the design of incentives and their integration into the PECC financial model.

• Design at least two financial incentives mechanism (public and/or private) to strengthen participation in the PECC, considering their technical, financial, and institutional feasibility.

• Classify the proposed incentives according to their nature (financial, fiscal, or market-based), identifying the target stakeholders and market segments for each mechanism.

• Assess the potential financial linkage between the Greenhouse Gas Emissions Offsetting Scheme and the PECC, including opportunities for integration within the PECC financial sustainability framework.

Deliverable 5: Financial Strategy for PECC

• Integrate and develop the PECC financial strategy, incorporating the results of previous deliverables, including a structured revenue generation framework, a financial sustainability model, and a roadmap for implementation that defines phases, key stakeholders, operational mechanisms, and institutional considerations.

• Define a comprehensive financial model that articulates the proposed revenue mechanisms and incentives, ensuring their feasibility and consistency with the institutional context.

• Identify risks and critical factors for the implementation of the model, including financial, market, and institutional risks, as well as their respective mitigation measures.

• Clearly demonstrate how the proposed structure ensures long-term financial and operational sustainability.

• Prepare a final PECC Financial Strategy and Sustainability Report consolidating the analysis, proposed mechanisms, financial model, and implementation recommendations developed throughout the consultancy.

• Include in the final report the lessons learned and recommendations for the implementation of the consultancy.

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:

COORDINATION AND COMPLIANCE

• The consultant must sign a confidentiality agreement with the Ministry of Environment and Energy.  

• 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 must be included in a digital repository provided by GGGI.  

• All information, outputs, technical papers, reports, and other documents generated from the start to the completion of the assignment shall be the property of MAE and GGGI.

• The consultant will make the best use of both primary and secondary sources of information to develop activities defined under the contract objective. 

• All deliverables shall be submitted in editable digital format, in Spanish (or English, as applicable), and in accordance with acceptable technical standards.

• 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 supervisor. 

• This consultancy fee is a lump sum cost.

• The consultant shall provide their own work equipment and the technological means necessary for the implementation of the consultancy, without implying additional costs for the contracting entity.

EXPERTISE REQUIRED 

• Master’s degree in business economy, administration, finance, environmental sciences, engineering, or other related fields of study; or equivalent combination of relevant education and experience.

• At least five (5) years of professional experience in financial analysis, financial structuring, sustainable finance, or revenue model development.

• Demonstrated experience in developing financial structures, including revenue modeling, pricing design, cost-recovery analysis, and financial projection.

• Proven experience conducting financial modeling, including scenario analysis, break-even analysis, and sensitivity testing.

• Experience in designing or assessing financial incentives, credit lines, or economic instruments aimed at promoting private sector participation in sustainability or climate-related programs.

• Experience working with public institutions and coordinating with multiple stakeholders in policy or program design processes.

• Experience in market analysis, demand studies, or willingness-to-pay assessments is desirable.

• Intermediate or advanced level of English, including the ability to understand technical documents.

KNOWLEDGE AND SKILLS

• Knowledge of the Ecuador Zero Carbon Program (PECC) or previous experience supporting its design, implementation, or strengthening will be considered a plus.

• Strong technical expertise in financial modeling, pricing structures, revenue frameworks, and sustainability analysis.

• Solid understanding of economic incentive mechanisms and private sector engagement strategies within public or climate-related programs.

• Strong analytical, communication, and coordination skills, with the ability to work effectively in an on-site government environment and support institutional decision-making

• Familiarity with national climate policy frameworks is desirable. 

ADMINISTRATIVE INFORMATION

• Request: GGGI Application form, CV and cover letter in English.

• Selection method/process: Competitive

• Timeline of selection: 10 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. 

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.