Regional Program on Green Microfinance the "ECOMICRO" Program

Project ID: RG-M1205

Country: REGIONAL

Project Name: REGIONAL PROGRAM ON GREEN MICROFINANCE THE "ECOMICRO" PROGRAM 

REQUEST FOR EXPRESSIONS OF INTEREST CONSULTING SERVICES

Loan No: ATN/ME-12961-RG

Project No: RG-M1205 

The The EcoMicro Facility has received financing from the Multilateral Investment Fund (MIF), and intends to apply part of the proceeds to payments under the project REGIONAL PROGRAM ON GREEN MICROFINANCE THE "ECOMICRO" PROGRAM. The objective of the consultancy is to develop a study to guide the MIF's implementation of the EcoMicro Caribbean program. The consultant should provide actionable inputs to the implementation of energy efficiency/renewable energy finance pilots and should determine the value, market, and implementing conditions that would support including adaptation pilots in the program.  For the purpose of this Program, the Caribbean is defined as Antigua and Barbuda, The Bahamas, Barbados, Dominica, Grenada, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Trinidad and Tobago, Belize, Guyana and Suriname.

The market study should:

I. Provide a summary of any existing end-user green finance products being offered in each country (market product mapping);

II. Outline the enabling environment for green finance in the targeted countries;

III. Outline challenges to the development of green finance products, including risk, client demand, cost-benefit to end users, available funding, technology, gender and/or other institutional barriers to implementation and suggest possible solutions to identified challenges.

IV. Identify existing FIs operating in each country that represent the best partners for the MIF for the implementation of a green finance pilot project based on an analysis of their client segment, experience, financial soundness, demonstrated institutional interest in commercializing these products as a business opportunity, execution capacity, governance, and opportunity for scale.

V. Outline the capacity building and training needs of these possible partners in order to ensure more successful product design and launch.

VI. Determine the needs of possible FI partners for loans and/or other financial instruments (e.g. guarantees) to implement and scale green finance products.

VII. Outline the main green finance opportunities in each country in terms of type of financial product needs, market size, local incentives, existing or potential partnerships with technology providers or adaptation extension agents.

VIII. Provide suggestions on technology companies, investors, adaptation service providers, or other capacity-building actors who should be included in activities to create and sustain a green finance ecosystem, including names and contact information..

The Multilateral Investment Fund now invites eligible consulting firms to indicate their interest in providing the services. Interested consulting firms must provide information establishing that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc). Consulting firms may associate to enhance their qualifications. 

Consulting firms will be selected in accordance with the procedures set out in the Inter-American Development  Bank: Policies for the selection and Contracting of Consulting firms financed by the Inter-American Development Bank (current edition) and is open to all eligible bidders as defined in the policies.  

Interested consulting firms may obtain further information with the contact person indicated below during office hours 09:00 AM to 05:00 PM (US Eastern Time) through the e-Sourcing tool. 

Expressions of interest must be delivered via e-Sourcing application at: https://enet.iadb.org/BidderWeb/signOn.aspx by Sep 21, 2016 06:00 PM (US Eastern Time). 

Multilateral Investment Fund
Division: MIF
Assignment: REGIONAL PROGRAM ON GREEN MICROFINANCE THE "ECOMICRO" PROGRAM
Attn: Gregory Watson 

1300 New York Ave, NW, Washington DC 20577, USA
E-mail: gregoryw@iadb.org
Tel: (202) 623-2667
Fax: (202) 623-1579
Web site: www.iadb.org