• Quito


Location Ecuador
City Quito
Contract Type Individual Consultant (Daily Rate)
Grade Individual Consultant 5
Salary scale Individual Consultant Scale
Contract Duration 260 days
Deadline 03/06/2024
Job Reference 100010235

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 in collaboration with the Ministry of Environment of the Government of Ecuador is rolling out an 18-month technical assistance project to the Government of Ecuador titled “Greening Ecuador Central Bank”. The project, funded by the Green Climate Fund (GCF) Readiness and Preparatory Support Program, aims to enhance the institutional capacity, strategic frameworks, and partnerships of the Central Bank of Ecuador to enhanced management and disclosure of climate-related financial risks and promoting greater financial sector’s contribution to Ecuador’s climate agenda.



GGGI is seeking an experienced ESG and climate risk expert Consultant. Based in Quito, the Consultant will lead and undertake the capacity building on environmental and climate-related financial risks of Central Bank of Ecuador (BCE), develop its first assessment on the Ecuador’s vulnerability to climate-related financial risks, and strengthen its data management/disclosure of green and climate-related statistics.

The Consultant will coordinate the engagement with stakeholders and the implementation of the products, under the technical leadership of GGGI staff members.

The ESG and climate risk expert Consultant will be responsible for providing technical assistance to develop and deliver the BCE’s ESG Roadmap and Action Plan.



The Consultant will be required to provide technical assistance to BCE on climate-related financial risk and ESG standards.

[A] Specific Objectives

  • Leading, developing, structuring, and implementing the first assessment on the Ecuador’s vulnerability to climate-related financial risks.
  • Developing, and structuring the BCE’s ESG Roadmap and Action Plan.
  • Strengthening BCE capacity and main stakeholders on ESG, green statistics, and climate-related risks.


[B] Scope of work

  • Prepare a Work Plan of the activities to undertake under the assignment.
  • The Work Plan should include timeline of main activities, methodology, milestones, validation meetings, final deliverables description and the scheduling of capacity building workshops.
  • Review of policy and regulatory provisions for ESG, sustainable finance, and climate-related risk.
  • Organize, participate in, and facilitate meetings with relevant stakeholders. The consultant is responsible for writing meeting reports for all meetings in which the consultant participates.
  • Organize meetings as required to obtain relevant information.
  • Conduct a thorough review of existing methodologies to quantify climate change’s physical and transition risks.
  • Systematize methodologies to estimate the country’s financial sector’s exposure and vulnerability to climate-related financial risks.
  • Develop and delivery BCE’s capacity building plan on ESG and climate-related financial risk.
  • Develop BCE’s first assessment on the country’s vulnerability to climate-related financial risks.
  • Develop recommendations for the BCE to i) fill data-management gaps on climate-related financial risks and flows, ii) comply with international best practices on the disclosure of climate-related financial risks.
  • Develop BCE’s ESG Roadmap and Action Plan.
  • Identify and prioritize sectors, industries, and economic activities included in the BCE’s statistics that contribute with information related to Ecuador’s green and climate goals.
  • Develop a Partnership Strategy defining the strategic objective and target of the BCE engagement with other central banks and banking sector regulators.
  • The consultant will be asked to produce executive summary reports and PowerPoint presentations based on their activities.
  • Conduct training workshops and provide technical assistance as required.
  • Systematize all collected information, annexes, meeting minutes, etc.
  • Develop a final report with all relevant technical papers, reports, and other documents prepared from the start to the end of the assignment shall be attached.


  • All relevant technical papers, reports, and other documents prepared from the start to the end of the assignment shall be included in a digital repository for GGGI an BCE.
  • The consultant will make the best use of both primary and secondary sources of information to develop activities defined under the contract objective.
  • The consultant selected must dedicate 100% of his/her time to this process. Therefore, it is forbidden to consider other consultancies during the contract period.
  • The consultant will work closely with GGGI staff and BCE focal point to ensure the goals of this consultancy, and he/she will also be responsible for reporting their progress to the GGGI supervisor.
  • The Consultant will be responsible for covering her/his own travel expenses.
  • The consultancy budget covers the costs of transportation and accommodation, and necessary resources for field studies. The selection of these places must be coordinated with GGGI.
  • Total fee amount for this service is a lump sum.


  • Master’s degree, superior or equivalent in economics, finance, development, environmental finance, or related areas.
  • At least 15 years of relevant work experience in the financial sector.
  • At least 8 years of experience in climate-related financial risks analysis in Latin America.
  • Knowledge of ESG and sustainable banking in Latin America context.
  • Verifiable experience in assessing financial risk.
  • Full English proficiency (C1 or TOEFL) is required.


  • Leadership, teamwork, and creative problem-solving abilities.
  • Knowledge of statistical analysis tools.
  • Skills in working with multidisciplinary groups.
  • Ability to interact and form relationships with high-level government officials and partners.
  • Negotiation, promotion, and conflict resolution skills.
  • Syntaxy and redaction proficiency


  • Selection method/process: Competitive selection
  • Cover Letter, and CV must be sent in English. A consortium, or a firm may not be engaged for the individual consultant assignment
  • Date to close is Korean Standard Time (KST).
  • Timeline of selection : 7 days