THAILAND: CONSULTANT FOR GREEN FINANCE NETWORK (GFN) SETUP
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.
PROJECT BACKGROUND
GGGI is implementing the Asia Low Carbon Buildings Transition (ALCBT) project (2023โ2028), funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) under the International Climate Initiative (IKI). The project aims to significantly reduce greenhouse gas (GHG) emissions by catalyzing a nationwide transition toward low-carbon buildings (LCBs) in five Asian countries: Cambodia, India, Indonesia, Thailand, and Vietnam. Implementation is led by GGGI in partnership with the ASEAN Centre for Energy (ACE), HEAT International, and Energy Efficiency Services Limited (EESL). The project targets policymakers, building industry professionals (including energy service companies, or ESCOs), financial institutions, and academic institutions as key beneficiaries to accelerate low-carbon building transitions. To learn more please visit about ALCBT web page.
To facilitate access to green finance in the building sector, the ALCBT project is establishing the Green Finance Network (GFN) in each of the five project countries. Designed as an industry-driven platform, the GFN engages banks, investors, regulators, and development finance institutions (DFIs) to create an enabling environment for low-carbon building finance. The GFN will facilitate capacity building, innovative financial product development, and project pipeline origination. In parallel, the ALCBT project supports the design and transition planning to ensure the GFNโs sustainability beyond the projectโs duration.
In Thailand, there is significant potential to expand the use of green finance instruments, including green bonds, sustainability-linked loans, concessional financing, and blended investment models. The Thailand GFN will play a central role in coordinating stakeholders, strengthening access to green financial products, and driving the development of innovative financing mechanisms aligned with Thailandโs sustainable finance priorities.
OBJECTIVES OF THE ASSIGNMENT
The Thailand GFN Consultant will work with GGGI, financial institutions, policymakers, and other stakeholders to support the establishment of Thailandโs Green Finance Network (GFN) platform. The Consultant will work closely with GGGI Thailand, the ALCBT regional team, and relevant stakeholders. Key tasks include:
Task 1. Stakeholder Engagement & GFN Establishment
Explore collaboration with the Building and Real Estate Sector Board, as laid out by the Thailand Taxonomy Phase II โfor example, assessing the alignment of priorities and objectives between the GFN and the Board, or leveraging other relevant platforms in the country. Map, engage, and secure participation of founding members (banks, DFIs, insurers, regulators, developers, private investors, and development partners) to establish the country-level GFN platform. Propose and support the setup of GFN Thailandโs governance structure, including membership criteria, roles, and meeting cadence. Organize and facilitate the inaugural GFN meeting and prepare detailed minutes.\\
Task 2. Capacity Building and Knowledge Exchange
Invite and promote participation of potential GFN members (banks, DFIs, insurers, regulators, developers, private investors, and development partners) in ALCBTโs low-carbon building training Facilitate peer-learning exchanges by engaging Thai financial institutions, banks, DFIs, insurers, regulators, developers, private investors, and development partners to join the ALCBT One-Stop Support (OSS) platform, thereby strengthening expertise in green finance and low-carbon building investments. Provide existing Thai-specific best practices and knowledge products for uploading to the OSS platform.
Task 3. Secretariat Design & Sustainability Planning
Gather Thai stakeholdersโ inputs to inform the design of the regional GFN Secretariat. Contribute to regional consultations to ensure Thai perspectives are reflected in the Secretariat design.
DELIVERABLES AND PAYMENT SCHEDULE
This assignment is expected to be completed within a period of six (6) months by 31 May 2026. The submissions of phased deliverables shall be based on the following timeline and payment schedules for a total of USD 5,000.
DELIVERABLES
DESCRIPTION
PAYMENT
DUE DATE
1. Inception report
Inception Report: Workplan outlining activities, stakeholder map, and engagement strategy10%
Dec 15, 2025
2. Stakeholder Engagement & GFN Establishment Report
Stakeholder mapping and engagement report identifying potential founding members (banks, DFIs, insurers, regulators, developers, private investors, and development partners). Proposed governance structure for GFN Thailand (membership criteria, roles, and meeting cadence). Inaugural GFN Thailand meeting successfully organized, with detailed meeting minutes.50%
Apr 30, 2026
3. Capacity Building and Knowledge Exchange Report
Documentation of Thai financial institutions, banks, DFIs, insurers, regulators, developers, private investors, and development partners joining the ALCBT One-Stop Support (OSS) platform Documentation of existing Thai-specific best practices and knowledge products uploaded to the OSS platform for wider dissemination. Documentation of engaging with potential GFN members (banks, DFIs, insurers, regulators, developers, private investors, and development partners) to invite and promote participation in ALCBTโs low-carbon building training20%
Apr 30, 2026
4. Secretariat Design & Sustainability Planning Report
Compilation of Thai stakeholdersโ inputs to inform the design of the regional GFN Secretariat (e.g. secretariat structure and sustainability model)10%
May 15, 2026
5. Final Report
Final Consolidated Report: Comprehensive report summarizing all activities, outcomes, and next steps
10%
May 31, 2026
All reports and outputs must be in English, in accordance with GGGIโs formatting requirements, and submitted in electronic formats along with complete sets of raw data, research materials, interview notes, as well as any other supporting schedules (if any).
Travel arrangements
The Consultant is responsible for all travel expenses, unless GGGI requests the travel and agrees otherwise in writing on a case-by-case basis.
Reporting Arrangements
The Consultantโs work progress will be monitored primarily through periodic review meetings, the precise schedule of which is to be determined based on consultation with the Consultant. The Consultant is deemed to demonstrate the following Key Performance Indicators (KPIs):
Timely response to GGGI email communications within 48 hours Submission of deliverables 100% on time Deliverables meet 100% satisfaction and quality assurance from GGGI.The Consultantโs work progress will be monitored primarily through periodic virtual review meetings, the precise schedule of which is to be determined based on consultation with the Consultant. The Consulting pays all travel related expenses.
EXPERTISE REQUIRED
Masterโs degree in finance, economics, sustainable development, or a related field. Minimum 7 years of experience in sustainable finance, climate finance, or investment mobilization. Strong knowledge of green financial instruments (green bonds, SLLs, concessional loans, blended finance). Familiarity with Thailandโs financial regulations, sustainable finance roadmap, and taxonomy. Demonstrated experience engaging with financial institutions, DFIs, and regulators. Proven track record in capacity-building and stakeholder coordination. Fluency in Thai and English (written and spoken).
ADMINISTRATIVE INFORMATION
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 selection2) The following text should be added for all TORs.
3) 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.