Consultancy for Scoping and Feasibility Study of Papua New Guinea’s Green Catalogue under PNG’s Inclusive Green Finance Policy and Roadmap (IGFPR)

Date documents can be requested until : 18 September 2025 16:00
Title : Consultancy for Scoping and Feasibility Study of Papua New Guinea’s Green Catalogue under PNG’s Inclusive Green Finance Policy and Roadmap (IGFPR).
Procurement No. : 100013575
Process : RFP
Description : Global Green Growth Institute in Papua New Guinea invites eligible firms to submit their proposals for Consultancy for Scoping and Feasibility Study of Papua New Guinea’s Green Catalogue under PNG’s Inclusive Green Finance Policy and Roadmap (IGFPR).

ABOUT 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.
Since joining GGGI in 2012, Papua New Guinea (PNG) has embarked on a partnership to foster sustainable and inclusive economic growth. GGGI established its presence in PNG in 2018, working closely with the government to integrate climate-resilient green growth (CRGG) strategies and execute green growth projects by mobilizing climate finance and investments
The GGGI PNG main office is strategically positioned within the Climate Change Development Authority (CCDA) of the Government of Papua New Guinea, with additional presence housed within the Bank of Papua New Guinea (BPNG) and seven select provincial governments.
GGGI PNG is currently implementing several national and regional projects supported by bilateral and multilateral donor partners. One of the flagship projects under the GGGI PNG Program is the Inclusive Green Finance Project (IGFP) which has established the Green Finance Center (GFC) with funding from New Zealand and the Agence Française de Développement (AFD). The IGFP is being implemented by GGGI as the delivery partner in collaboration with the BPNG, CCDA and Department of Treasury (DoT). The GFC which is responsible for implementing the IGFP Policy and Roadmap which aims to enhance the financial ecosystem in PNG by integrating green finance principles, creating an enabling environment to mobilize climate finance, and promoting green investments in the country. The GFC office, strategically located within the BPNG, provides a platform for collaboration with financial stakeholders to advance green financing initiatives at both national and sub-national levels.

PROJECT OBJECTIVES AND BACKGROUND:
Background
The Green Catalogue (GC) is an initiative under the IGFP Roadmap, supported by BPNG and will be funded by AFD. The objective of the GC is to assist financial institutions to identify green loans in their lending operations and aid in scaling up the volume of inclusive or green loans in Papua New Guinea, aligning with the country’s Inclusive and Green Taxonomy.
Objective
To engage consultants/consulting firms to provide expert services in Scoping and Feasibility Study for the Green Catalogue:
The primary objectives of the Green Catalogue are to:
- Facilitate Green Financing: Enable financial institutions to effectively utilize green finance refinancing facilities to support environmentally sustainable projects by offering a standardized reference for green technologies.
- Mitigate Greenwashing Risks: Reduce the risk of misleading or unsubstantiated claims in green portfolio reporting by establishing clear eligibility criteria.
- Streamline Investment Decisions: Simplify the process for financial institutions to determine whether investments qualify as green, ensuring consistency and transparency.
Project Summary & Impact
The project aims to assess the potential and develop a design concept with costs for creating a Green Catalogue tailored to the banking and microfinance sector in Papua New Guinea. This catalogue will serve as a comprehensive list of eligible green technologies, providing a clear framework for identifying and categorizing green investments.
The GC will completement the Green Refinancing Facility developed by GFC and funded by AFD. The project will be managed by GFC under the guidance of the IGFP Steering Committee in close collaboration with BPNG.
Project Context
Summary of IGFP Phase I (2020-2023). The first phase of IGFP project involved the following:
• Establishment and operationalization of the IGFP Steering Committee (chaired by BPNG),
• Establishment and operationalization of the IGFP Technical Working Group (comprised of line ministries, local financial institutions, bilateral/multilateral development agencies, and NGOs)
• Development of the Inclusive and Green Finance Policy (IGF Policy) of PNG, which includes:
o A Diagnostic Report on the State of Inclusive and Green Finance in PNG,
o Inclusive and Green Taxonomy, and,
o IGFP Implementation Roadmap

Establishment and operationalization of the GFC to be responsible for implementing the IGF Policy and all future initiatives related to green finance in Papua New Guinea

Summary of IGFP Phase II (2024-2027). The second phase of IGFP project involves the following:
• Enhancing the readiness of local FIs to apply the taxonomy to their lending operations and receive/utilize funding (e.g., grants and concessional loans) from donors to increase their portfolio of inclusive or green loans, and,
• Developing green loan products aligned with the taxonomy with participating financial institutions.
• Development of GRF in IGFP Phase III (2025-2026) to incentivize and scale up the volume of inclusive or green loans in PNG.
Establishing a robust and user-friendly Green Catalogue, this initiative seeks to promote sustainable financing practices, enhance accountability, and support Papua New Guinea’s transition toward a greener economy

PROPOSED ACTIVITIES & DETAILED SCOPE OF WORK:
The GC will be implemented in IGFP Phase III (2025-2026) to aid financial institutions in identifying and scale up the volume of inclusive or green loans in PNG. While the detailed elements shall be developed as part of the project proper, a high-level list of activities required to develop and implement the GC are provided below.

This Scoping and Feasibility Study is the first part of a 3-phase.
1. Scoping and Feasibility study – is a preparation stage described in detail in the Activities table below.
2. Development stage – the stage when the GC is being developed according to the findings of the Scoping and Feasibility Study. This leads to the creation of a functional Catalogue ready to be rolled out.
3. Operationalization of the GC – the stage when the GC is rolled out to the market. The relevant stakeholders (vendors/suppliers, clients, and FI’s) are informed and trained on the tool, and the Catalogue continues to be populated by green technologies. This leads to the FIs using the Catalogue in their green financing.
Splitting the Green Catalogue development into phases allows the stakeholders to: get acquainted with the idea and function of the tool and its objectives, provide feedback at an early stage, build an understanding of the steps, tasks, and level of effort required to develop a Catalogue and plan and optimize the design process and budget utilization.
The Consultant/firm will leverage previous in-depth experience in building, implementing, and launching green catalogues. The steps in Phase 1 will allow the Consultant to understand the local context, market and stakeholder needs, and provide the initial concept design of the GC in a structured and optimal manner.

For more details, please refer to the Terms of Reference (TOR) document attached.

IMPORTANT TIMELINES:
The tender submission deadline is 18 September 2025, 2025 16:00 HRS KOREAN STANDARD TIME (KST).

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 they are received on or before 7 days before the deadline (namely: if the tender submission deadline is 16:00 18 Sept 2025, 2025 KST, then the due date for submission of request for clarification is 16:00 11 Sept 2025, 2025 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:
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SUBMITTING YOUR RESPONSE VIA THE PORTAL:
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Please read Instructions on How to submit the Proposal.

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