Global Energy Efficiency Financing Facility (GE2F2) - Lead Implementation Expert

Description

Country:

Regional

Business sector:

Sustainable Resources and Climate Change

Project number:

68156

Funding source:

GEF2 - Global Environment Facility II

Contract type:

Consultancy Services

Notice type:

Invitation for expressions of interest (CSU)

Issue date:

15 Feb 2017

Closing date:

05 Apr 2017 at 17:00 London

Access eSelection

Background and Project Description:
The European Bank for Reconstruction and Development (EBRD or the Bank) has developed a unique track-record of working with local partner banks in its Countries of Operations to build up their capacity to identify and finance energy efficiency (EE) measures and projects. In the past 12 years, the EBRD has worked with 120 local financial institutions in 25 countries, enabling them to support thousands of energy efficiency and renewable energy projects.

The Global Environment Facility (GEF) has endorsed a knowledge sharing initiative aimed at transferring this EBRD expertise to banks from China, India and Brazil (“the three countries”). These are large emerging economies set to play a crucial role in addressing the global climate change challenge.

The same barriers to greater investment in EE exist in the three countries, as those addressed by the EBRD via its work with banks in its Countries of Operations. Namely:
• the lack of information to support decisions to invest in EE based on clearly articulating the returns from optimising energy use;
• the lack of services to standardise such “translation” of technical benefits for EE measures of relatively small size which are usually part of larger investment packages; and
• the lack of these services and of dedicated finance lines targeted at streamlining EE within local banks which have extensive local networks of clients.

The EBRD addresses these barriers by supplementing the capacity of banks to integrate attention to EE opportunities into their existing origination and appraisal processes. For instance, this can refer to “adding-on” financially-sound EE measures into larger capex support packages for corporates, or to focus retail or consumer lending on higher efficiency products. The model does not rely on third-party or off-balance sheet financing.

The knowledge sharing initiative conducted with GEF support aims to share some elements of this expertise with banks in the three countries. The initiative is purely dialogue-based, unlike the work with banks in the EBRD Countries of Operations where financing facilities combine both technical assistance and financing.

Assignment Description:
The Bank now intends to engage a Lead Implementation Expert (the Consultant) to work alongside the Energy Efficiency and Climate Change team at EBRD to plan the rollout of the initiative, conduct missions in the three countries to engage interested banks and advise banks on adopting some of the EBRD experiences (the Assignment). The role will also involve liaising with multilateral partners and national stakeholders.

The overall objective of the Assignment is to design, oversee and deliver the transfer of EBRD EE financing expertise to banks and institutional partners from the three countries.

The Consultant is expected to undertake the following main tasks:

a) Lead missions to engage banks in each of the three countries. The Lead Expert may be required to identify, establish links and organise events with local organisations able to facilitate the engagement of local banks (e.g. financial /EE regulatory bodies, state-owned banks, regional IFIs, etc).

b) Advise committed banks on how to develop their EE financing capacities, by drawing on EBRD’s experience. The Lead Expert will provide targeted, short-term support to some of the banks in setting up EE-focused business processes.

Specific areas of advice /knowledge transfer may include:
• Process-mapping how EE financing can become a business priority (define financing products, target clients, performance targets, staffing, etc.);
• Training material for banks’ staff to up-sell EE financing;
• Advising banks on marketing strategies to raise awareness of their EE financing products;
• Procedures to screen banks’ pipeline of deals for opportunities to up-sell financing based on EE potential (for instance energy-intensive clients);
• Process to deploy energy use auditing services to recommend customised investment plans for larger-scale EE investment opportunities;
• System for banks’ staff to up-sell higher-value purchase options based on pre-defined lists of high efficiency equipment, materials and suppliers;
• Simple systems to track and report the additional EE financing and the its estimated climate impact (greenhouse gas emission reductions);
• Advice on identifying and using concessional or grant funding opportunities to support the extra costs of scaling up EE financing;
• Potential experience exchange assignments.

Such work should be expected to lead to new financing by the banks. Projects thus financed will yield climate impact results (i.e. estimated CO2 emission reductions from energy saved) to be reported at the level of the initiative within 2 years of engaging the banks.

c) Under the guidance of the EBRD, facilitate knowledge sharing dialogue with multilateral and/or national institutional stakeholders with the aim of showcasing the initiative and its results.

It is expected that the Consultant shall be based full time at the Bank"s Headquarters in London during the Assignment period.

Status of Selection Process: Interested individual experts or firms interested to nominate an expert are hereby invited to submit expressions of interest.

Assignment Start Date and Duration: The Assignment is expected to start in May 2016 and has an estimated duration of up to 36 months.

Funding Source: It is expected that the Assignment will be funded by the Global Environment Facility. Please note selection and contracting is subject to availability of funding.

Eligibility: There are no eligibility restrictions.

Consultant Profile: Individual services are required. The Consultant shall be an expert (individual expert or an expert nominated by a firm) preferably with:

a) Relevant degree in a technical discipline (e.g. engineering, economics, finance); a combination of technical and commercial skills is desirable.
b) Sound demonstrated understanding of business and finance principles, including good understanding of a bank’s sales and credit analysis processes is desirable
c) 10 years’ or more relevant experience from
• an engineering /consultancy organisation focused on EE matters, or
• a consultancy with track-record of activities focused on process, organisational or management change /restructuring /optimisation, or
• the banking /financial sector, especially in corporate or retail banking.
d) Experience of working with
• relevant EBRD energy efficiency programmes, and/or
• similar energy efficiency financing programmes
e) Excellent communication skills both verbal and written in English; fluency in Mandarin or in Portuguese is very advantageous.
f) Work experience in emerging markets, especially in any of the three countries (China, India and/or Brazil), is desirable.
g) Ability to travel to the three countries is essential.

Submission Requirements: In order to determine the capability and experience of experts seeking to be selected for this Assignment, the information submitted should include the following:

1. Cover letter (max. 2 pages) summarising why the Consultant believes to satisfy the requirements as defined in the above section Consultant Profile;

2. CV (not exceeding 4 pages) which should include full descriptions of responsibilities carried out (not just a job title), including information on contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided (if different from duration), main activities, objectives;

3. Completed Consultant Declaration Form and Contact Sheet, the template for which is available from the following web-link:
http://www.ebrd.com/pages/workingwithus/procurement/notices/csu/contact_sheet.doc.

Expressions of Interest should be submitted in English electronically through e-Selection, to reach the Bank not later than the closing date. The complete expression of interest (including cover letter, CV, declaration and contact sheet etc.) should be one file (pdf) not exceeding 4MB to be uploaded to eSelection.

Bank Contact Person
James Yoo
European Bank for Reconstruction and Development
One Exchange Square
London EC2A 2JN
Tel: + 44 20 7338 6369
Email: YooJ@ebrd.com (submissions should be sent through eSelection and not to this email address)

Important Notes:
1. Selection and contracting will normally be made from the responses to this notification. The Consultant will be selected from a shortlist. Consultants will not be asked to submit a technical or financial proposal as part of the expression of interest.

2. Following evaluation of the submissions, up to 6 of the highest rated individuals will be invited to attend interview as part of the selection process, where the qualifications, experience, knowledge and personal qualities of candidates can be further assessed.

a) Consulting firms (proposing individuals) and individuals may apply. However, the evaluation will be based on the experience and expertise of the individual and not of the firm. Consulting Firms nominating an individual expert shall submit one complete individual application for each expert via eSelection. Single applications for a number of experts containing various CVs may result in rejection of such application and all concerned experts.
b) The shortlist criteria and weightings are as follows:
• Background and qualifications in related disciplines/sectors – 10%
• Experience of working with energy efficiency financing programmes/projects – 30%;
• Expert’s previous project experience in emerging markets relevant to the Assignment (preferably China, India and/or Brazil) - 30%
• Personal qualities to be assessed at interview - 30%