Adaptation and Resilience 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 about GGGI web page.
General Information
Project: GGPI12-E1-1
Duty Station: Lima, Peru
Contract Duration: (27) October 2025 to (31) Dic 2025
Estimated Workdays: 33 days
Consultant Level: Level 3
Budget: 7,000 USD
Deliverable-based or daily rate: Deliverable-based
Project background
In 2023, with ๏ฌnancial support from the Luxembourg government, GGGI established the Global Trust Fund (GTF), a four-year programme to accelerate the adoption of sustainable ๏ฌnancial instruments, including thematic bonds and debt-for-nature swaps, in developing countries. This program aims to improve sustainable ๏ฌnance in emerging economies by enhancing policy frameworks, strengthening national green ๏ฌnance ecosystems, and building the capacity of market participants. It facilitates the issuance of thematic bonds by providing key policy support, technical assistance, and guidance to bene๏ฌciaries from developing countries.
The GTF strengthens the national green ๏ฌnance ecosystems in more than 10 developing countries in Asia, Africa, Latin America and the Caribbean through initiatives prioritized by the GTF's Board.
The Trust Fund provides pre- and post-issuance and credit enhancement support to potential issuers, which together will raise at least USD 2 billion towards nationally determined contributions (NDC) targets. Direct capital mobilization through the Trust Fund is expected to help avoid 130 million tC02 emissions, improve the resilience of 2 million bene๏ฌciaries to climate change, and create 400,000 green jobs.
The achievement of Peruยดs NDC targets requires a substantial increase in the volume of public and private, national and international climate finance invested in the country. As a result, GGGI through its GTF has embarked on an ambitious effort to increase the mobilization of international climate finance and implementation of innovative sustainable finance instruments to support a climate resilient and low-carbon development of the Peruvian economy.
Objectives and Scope of Work of the Assignment
GGGI is seeking an individual consultant with expertise in climate change adaptation and resilience to support the development of a methodology and evidence base for financing adaptation and resilience investments through thematic bonds.
The consultant will contribute to the design of the thematic bond framework by:
Developing resilience and adaptation use-of-proceeds categories, supported by robust methodology and evidence.
Preparing a Climate Change Resilience Annex to capture, document and justify the frameworkโs adaptation elements.
Supporting GGGI and the bond issuer in the Second-Party Opinion (SPO) process, including engagement with the international verifier, addressing technical queries, and demonstrating the bondโs adaptation and resilience materiality, as well as alignment with international best practices.
The Consultant will develop a dedicated Adaptation & Resilience Annex that:
Aligns with Peruโs national climate adaptation strategies, sectoral priorities, and international commitments.
Integrates scientifically sound methodologies that are consistent with international best practices (e.g., Climate Bonds Initiative [CBI] taxonomy).
Ensures that adaptation-related elements of the framework are well-defined and responsive to queries from the Second-Party Opinion (SPO) provider.
By achieving this objective, the assignment will ensure that the thematic bond framework meets international standards for green and sustainable finance, and explicitly incorporates climate adaptation expenditures as a central pillar, mobilizing capital for projects that reduce climate risks and vulnerabilities while enhancing resilience at national and local levels.
DELIVERABLES
Deliverable 1: Thematic Bond Adaptation & Resilience Methodology Annex
The Consultant will:
Map relevant climate hazards, exposure, sensitivity, and adaptive capacity in Peruโs priority sectors.
Define the bondโs resilience and adaptation use-of-proceeds categories and establish eligibility criteria for identifying expenses and investments.
Develop a methodology demonstrating how selected resilience and adaptation categories contribute to climate resilience, adaptive capacity, and absorptive capacity of vulnerable groups. The methodology should align, to the extent possible, with the CBI Resilience & Adaptation Taxonomy.
Establish the alignment of resilience and adaptation categories with Peruโs national adaptation strategies and plans, including the National Adaptation Plan (PNACC) and the countryโs Nationally Determined Contributions (NDCs), and recommended data sources and verification systems to measure direct contribution.
Support the issuer in the screening, identification, and selection of eligible resilience and adaptation projects.
Define eligibility criteria, screening processes, performance metrics, and thresholds in line with CBI resilience requirements.
All of the above will be consolidated into a single document, titled: Adaptation & Resilience Methodology Annex.
Deliverable 2: Second Party Opinion Response and Justification Sheet
The Consultant will provide dedicated support to the GGGI team and the issuer during the Second-Party Opinion (SPO) review, with a focus on ensuring that the adaptation and resilience sections satisfy Adaptation and Resilience expectations. This includes, but is not limited to:
Preparing responses to adaptation and resilience related questions from the SPO provider, with clear justifications tied to the CBI resilience criteria or international best practices. Responses shall be provided within 48 hours from receiving the questions.
Reviewing SPO draft, especially on methodology annex, indicators, risk assessment, and eligibility criteria, as well as proposing frameworkโs revisions that ensure successful SPO process.
All of the above will be consolidated into a single document, titled: Second Party Opinion Response and Justification Sheet.
Payment Schedule
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:
Deliverables
Payment Percentage
Payment Amount ($ US Dollars)
Completion Date
Deliverable 1: Thematic Bond Adaptation & Resilience Methodology Annex
43%
$ 3,010
Four weeks upon contract start date
Deliverable 2: Second Party Opinion Response and Justification Sheet
57%
$ 3,990
Seven weeks upon contract start date
Coordination and compliance
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 and each of its related activities must be approved by the Sustainable Finance Senior Associate to be marked as completed.
This consultancy fee is a lump sum cost.
This is a hybrid consultancy: The consultant must be based in Lima, Peru to attend occasional in person meetings that may be notified with less than 24 hours in advance.
Expertise required
Master's degree or bachelor's degree with equivalent combination of educational and professional experience.
Verifiable experience in national climate change adaptation
At least five (5) years of relevant work experience in public policy or academic research related to climate change adaptation in Peru
English Proficiency is a must
Knowledge and Skills:
ICMAโs thematic bond principles.
Climate Bonds Resilience Taxonomy
Peruยดs National Adaptation Priorities
Peruยดs National Adaptation Plans
Peruยดs National Adaptation Policies
Peruยดs National Adaptation Goals
Peruยดs National Adaptation expenditures and projects
Strong Research Skills
Administrative Information
Request: GGGI Application form, CV and cover letter
Selection method/process: competitive
Timeline of selection: 7 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 โ GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGIโs Child Protection Policy is written in accordance with the Convention on the Rights of the Child.