THAILAND: CONSULTANT FOR LOW CARBON BUILDING INVESTMENTS (100014325)
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
The Asia Low Carbon Buildings Transition (ALCBT) project (2023โ2028) is funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) under the International Climate Initiative (IKI). Led by the Global Green Growth Institute (GGGI), the project is implemented in Cambodia, India, Indonesia, Thailand, and Vietnam in partnership with the ASEAN Centre for Energy (ACE), Energy Efficiency Services Limited (EESL), and HEAT International.
The project aims to catalyze nationwide transitions towards low-carbon buildings (LCBs) by addressing regulatory, capacity, and financing gaps. One of the key ALCBT outputs focuses on mobilizing investments for bankable low-carbon building projects. To achieve this, GGGI seeks an Individual Consultant to identify, longlist, and shortlist LCB project opportunities in Thailand that demonstrate potential for financing and replication. To learn more please visit about ALCBT web page.
OBJECTIVES OF THE ASSIGNMENT
To achieve the project objectives, GGGI is looking for an individual consultant to develop a robust investment pipeline of low-carbon building projects in Thailand by:
Identifying and screening potential low-carbon building (LCB) projects through desk research, stakeholder consultations, and industry outreach. Preparing a longlist of potential projects and conducting initial screening. Evaluating shortlisted projects based on technical, financial, and investment readiness. Providing recommendations on priority projects for investment mobilization under the ALCBT project.The Consultant will work closely with GGGI Thailand, the ALCBT regional team, and stakeholders, performing the following tasks:
Task 1. Inception and Workplan
Develop an inception report outlining the methodology, evaluation criteria, and workplan.
Task 2. Market Scanning and Project Identification
Conduct desktop research and engage with developers, financial institutions, ESCOs, building councils, and regulators to collect project-level data. Map the initial pool of candidate projects across various building types, including commercial, residential, public and institutional facilities, mixed-use developments, as well as buildings located in industrial zones and warehouses.
Task 3. Longlisting of LCB Projects
Prepare a longlist of potential LCB projects. Develop a questionnaire survey/data collection template to collect information on project ownership, design, financing structures, permitting status, and estimated GHG mitigation potential. Develop screening criteria and conduct initial screening based on jointly agreed criteria with GGGI (e.g., scalability, bankability, policy alignment).
Task 4. Shortlisting of LCB Projects
Assess longlisted projects using relevant evaluation criteria e.g. technical, financial, investment, regulation, etc. Conduct consultations, site visits, and interviews (if required) to verify data. Prepare a shortlist of at least 20 high-potential LCB projects with profiles suitable for further structuring and investment mobilization, with a total investment size of at least EUR 24 million. The consultant, with support, will also gather relevant data for GGGI to conduct due diligence and prepare a pitching deck (information memorandum).
Task 5. Final Reporting
Prepare a final report summarizing methodology, findings, longlisted projects, shortlisted candidates, and investment recommendations.
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 10,000.
DELIVERABLES
DESCRIPTION
PAYMENT
DUE DATE
1. Inception report
A report outlining (a) the technical approach and methodology for originating bankable LCB projects, and (b) a work plan to achieve completion of the assignment.10%
15 December 2025
2. Longlist LCB projects report
Results of market scanning and stakeholder engagement, mapping candidate projects across sectors (commercial, residential, public, mixed-use, etc.). A longlist of potential LCB projects with basic profiles. A questionnaire template to collect key project information (ownership, design, financing, permitting, GHG mitigation potential, etc.). Screening criteria (agreed with GGGI) and initial screening results based on scalability, bankability, and policy alignment. This report will form the basis for further due diligence and investment mobilization40%
15 March 2026
3. Shortlist LCB projects report
Assessment of longlisted projects against agreed evaluation criteria (technical, financial, investment, regulatory, etc.). Results of consultations, site visits, and interviews (as needed) to verify project data. A shortlist of at least 20 high-potential LCB projects with detailed profiles suitable for structuring and investment mobilization, with a total investment size of at least EUR 24 million. Data gathered to support GGGI in conducting due diligence and preparing a pitching deck (information memorandum).40%
15 May 2026
4. Final report
A final report summarizing methodology, findings, longlisted projects, shortlisted candidates, and investment recommendations.10%
30 May 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. At least 7 years of experience in sustainable buildings, energy efficiency, green finance, or investment mobilization. Proven track record in conducting project origination, pipeline development, or investment due diligence. Strong understanding of Thailandโs building energy efficiency standards and regulatory landscape. Familiarity with green financial instruments (concessional loan, guarantee, blended finance). Excellent stakeholder engagement skills with financial institutions, developers, ESCOs, and government agencies. Advanced proficiency 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) 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.