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Date documents can be requested until : 11 March 2025 16:00
Title : Development of Knowledge Products for Private Sector Climate Investment, Indonesia
Procurement No. : 100012244
Process : RFP
Description : GGGI is inviting eligible firms/entities to submit their proposals for the following scope of work:
Important note: bidders must submit their registration documentation in Indonesia (including Tax Identification Number and an annual operating license)
* International firms are eligible to apply if the above documents which allow firms to legally operate in Indonesia are submitted. A consortium submission involving 2 or more Firms will require at least one of the consortium members to submit the above-mentioned documents.
PROJECT BACKGROUND:
GGGI works with Indonesia's Fiscal Policy Agency (FPA) as the National Designated Authority (NDA) of the Green Climate Fund (GCF) to implement a multiyear GCF Readiness Project, which aims to close the financing gap across the priority sectors identified by the Government of Indonesia. Overall, this project aims to mobilize international climate finance and private sector investment to close the financing gap across the priority sectors identified by the Government of Indonesia. It consists of a range of activities with the objective of achieving Readiness outcomes including 1) established capacity of direct access applicants and direct access entities (DAEs) to meet and maintain the GCF accreditation standards, 2) the capacity to develop a pipeline of projects, and 3) effectively implement GCF-funded activities.
Challenges in Mobilizing Private Sector Investment
The gap in financing Indonesia’s climate actions also needs to be met through alternative funding sources, including from international climate funding as well as private sector investment. However, based on the stakeholder capacity gap assessment study conducted by the NDA, mobilizing private sector investment for climate actions in Indonesia faces challenges such as a lack of awareness, assumptions that the government holds sole responsibility, and barriers like information gaps, risk uncertainty, and unfamiliarity with mechanisms such as blended finance. Therefore, through the Readiness program, the Private Sector Engagement Strategy was developed for selected priority sectors (energy, forest and land-use, water, and food) to encourage more private sector investment in climate actions. The strategy includes potential business models for each sector as well as a roadmap for the private actors to participate in climate projects, including accessing relevant sources of international funding. One of the identified needs and strategy for leveraging private sector investment in climate-related projects is through a blended finance mechanism, as an effective approach that leverages development finance to mobilize private finance. Through the deployment of climate finance in a way that addresses investment barriers and improves the risk-return profile of investments, blended finance operates as a market-building instrument.
To start the blended finance initiative, currently the GCF Readiness Project support the NDA Indonesia to develop a blended finance framework and establish a blended finance forum for relevant stakeholders to encourage more participation of private sector investment in climate projects. Through these activities, initial insights related to the private sector’s needs have been identified, particularly to increase their knowledge and awareness to participate in climate change investment.
Knowledge Products to Complement the Forum
To complement this work, the production of five knowledge products is vital to promote and increase the private sector participation and investment in climate-related projects, that focusing on:
• Raising Awareness: Knowledge products will educate stakeholders on the principles, opportunities, and benefits of private sector investment in climate projects, bridging the information gap.
• Demonstrating Success: Case studies and best practices will showcase successful blended finance projects that have attracted private investment, illustrating tangible benefits.
• Encouraging Innovation: Knowledge products will stimulate creative financial solutions by highlighting innovative financing mechanisms can make an impact, for example through blended finance scheme.
• Building Trust and Confidence: By disseminating reliable, well-researched information, these products will reduce perceived risks, making private investors more confident in participating in climate finance projects.
OBJECTIVE OF THE ASSIGNMENT:
GGGI seeks to contract a consulting firm to develop knowledge products that promote private sector investment in climate projects in Indonesia, as explained above. The potential topics for knowledge products are as below:
• International business cases for priority climate change projects.
• Detailed GESI mainstreaming guidance in specific sectors for private companies.
• Step by step guidance in assessing climate risk impact to business supply chains for selected industries.
• The significant role of private sector investment in achieving Indonesia’s NDC targets and how blended finance may help to improve the situation.
• Indonesia’s strategy to leverage private climate investment.
To discuss and agree on the potential topics, the Readiness program will conduct business dialogue(s) for private and public stakeholders in priority sectors. These knowledge products aim to equip private actors with the skills and knowledge needed to effectively invest in Indonesia's climate initiatives. This assignment will contribute to achieving the objectives of Indonesia’s Readiness program.
For further details on the Scope of Work, please refer to the Terms of Reference available under the published Document Set.
IMPORTANT TIMELINES:
The tender submission deadline is 11 March 2025, 16:00 pm KST (Korean Standard Time) / 15:00 pm WITA.
Note: If any bidder has any request for clarification on the TOR or any part of the tender documents, GGGI will be happy to clarify if the request is received on or before 7 days before the deadline (namely: if the tender submission deadline is 16:00 15 April KST, then the due date for submission of request for clarification is 16:00 8 April KST).
Interested parties will be required to register their details on the GGGI e-Green Procurement Portal (https://in-tendhost.co.uk/gggi).
HOW TO OBTAIN THE DOCUMENTS:
Documents can be accessed via the e-Green Procurement Portal by selecting ‘View Details’ on the relevant notice and then clicking the ‘Tender Application’ button. If you are a new supplier, you will be required to register your details. If you have an existing account, you will need to login to the portal. Please refer to the guidance documents under the `Supplier Guidance` area of the portal for further information.
ONLINE TENDER MANAGEMENT:
Once in the Tender Management Area for the tender, there are five possible tabs: ‘Tender’, `Tender Documents`, ‘Correspondence’, ‘Clarifications’ and ‘History’. Select the 2nd tab (`Tender Documents`) where you will find useful information regarding the RFP. Scroll down to the heading ‘Tender Documents Received’ where you will be able to view / download the documents.
OPTING IN & OPTING OUT:
Please note that you may be required to ‘Opt In’ before you can start populating your response. The ‘Opt Out’ functionality will also be available throughout the duration of the tender process. Opting out will give you the option of declaring you no longer want to receive any further communication in relation to this tender along with the opportunity of providing comments and feedback for this decision. You can choose to ‘Opt In’ at any time during the tender process if you initially decided to ‘Opt Out’.
SUBMITTING YOUR RESPONSE VIA THE PORTAL:
Please note that you may be required to ‘Opt In’ to be able to submit a response through the portal. Tenderers will be required to upload any mandatory Placeholders (i.e. specified documents) within the `Tender Documents` tab. The ability to attach additional documents may also be available. Your proposal will not be submitted until you click `Submit Return`, located towards the bottom of the screen. On clicking `Submit Return`, you will receive a receipt confirming that your proposal has been submitted to GGGI.
Please read Instructions on How to submit the Proposal.
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