GCF GEFF Regional - Egypt II TC - Project Consultant

Location:

Egypt

Business sector:

Sustainable Resources and Climate Change, Natural resources, , Financial institutions, Other

Funding source:

Not Yet Determined

Contract type:

Consultancy Services

Notice type:

Invitation for expressions of interest (CSU)

Issue date:

19 Aug 2020

Closing date:

10 Sep 2020   at  16:00   London

Access eSelection

20 August 2020: The procurement notice is updated as follows: Assignment Start Date and Duration: The Assignment is expected to start in January 2021 and has an estimated overall duration of 48 months.

Programme Description:

The European Bank for Reconstruction and Development (the EBRD or the Bank) aims at addressing climate risks in Egypt by establishing a Facility entitled Green Economy Financing Facility in Egypt II (“GEFF Egypt II” or “the Facility”). The Facility will continue in activities successfully implemented under the European Union (EU) supported GEFF Egypt (energy efficiency and renewable energy) and will extend them to climate change adaptation measures (including resource efficiency) ensuring gender-responsiveness and including activities promoting the uptake by women sub-borrowers, as well as policy dialogue. The Facility is expected to be supported by the EU and the Green Climate Fund (GCF).

The Facility will also extend its support to implementation of energy improvements in residential and commercial buildings. The Facility will apply Best Available Technologies that are locally available in the market and listed in the recently populated Green Technology Selector.

The Facility is closely aligned to the country’s national sustainable development strategy and implementation plans, and will complement the government’s efforts in scaling up private sector investment for a competitive, green and inclusive economy. The Facility also aims to achieve a balanced geographical distribution of green economy investments within Egypt – in both urban and rural locations – by leveraging the wide branch networks of PFIs - and will raise awareness in underserved customer segments, particularly women-led businesses, about green technologies and help improve their access to green finance. A gender baseline assessment will inform a comprehensive Gender Action Plan targeting both the PFI as well as the sub-borrower level.

It will be implemented in parallel with three other EBRD programmes: the EU-supported GEFF Egypt I, the EU and GCF supported Green Value Chain programme and a new GCF supported Green SME Line with National Bank of Egypt (NBE).

In this context, GEFF Egypt II will provide financing of up to EUR150 million that will be on-lent by the local Participating Financial Institutions (PFI) to finance energy efficiency (“EE”), renewable energy (“RE”) and resource efficiency (“RES”) sub-projects in Egypt. This will promote EBRD’s Green Economy Transition (“GET”) approach in Egypt, a country with a strong need to diversify its energy supply and tackle resource inefficiency, specifically in water and waste management and soil protection. The local PFIs will be strong partners in fostering a more active green finance ecosystem in the country. Targeted TC following the standard GEFF model will ensure a tailored and sustainable lending approach for the PFIs. Gender considerations are reflected in the implementation of the TC.

In addition, GEFF Egypt II forms part of the “GCF-GEFF Framework”, a cooperation between EBRD and the Green Climate Fund (GCF) that will be implemented in ten of EBRD’s countries of operation. In this context, GEFF Egypt II structure, procedures and eligibility requirements will follow a standardised GEFF approach and that of the GCF-GEFF Regional Framework.

The expected outcome of the Facility is to transfer strategic expertise and raising awareness about highly performing climate mitigation and climate adaptation technologies and measures and environmental standards to contribute to creation of a demand-driven, self-sustaining market for investments in high performance technologies and services supporting a green economy that promotes women and men’s equal access to green finance.

Assignment Description:

EBRD will engage three separate consultants–Project Consultant, Verification Consultant, and Policy Dialogue Consultant – based on three separate procurement selections.

The Project Consultant Assignment may include a specific Gender Component sub-assignment that is expected to be funded by the Green Climate Fund and contracted separately from the main Project Consultant Assignment.

The term “Facility Consultant” is used to describe the total technical assistance package provided by the Project Consultant and Verification Consultant.

This procurement process is for the Project Consultant Assignment.

The EBRD intends to enter into a Framework Contract with one Consultant to deliver professional consultancy services as follows:

The selected Consultant is expected to provide the following services:

· Support to PFIs in development of a pipeline through marketing and project origination activities leading to a portfolio of EUR 150 million of eligible sub-loans for financing by PFIs;

· Providing training and capacity building to PFIs, including e-Learning activities, helping them to build an internal capacity for sustainable green landing;

· Support to SMEs in preparing and developing their sub-projects for financing by PFIs;

· Providing gender-responsive capacity building and training to PFI staff and local experts as required;

· Raising awareness of green economy lending in Egypt among women and men led sub-borrowers as required; and

· Awareness raising on the Facility outcomes through various communication channels, dissemination of case studies on successfully implemented projects and providing donor visibility.

Status of Selection Process: Interested firms or groups of firms are hereby invited to submit expressions of interest.

Assignment Start Date and Duration: The Assignment is expected to start in January 2021 and has an estimated overall duration of 48 months.

Cost Estimate for the Assignment: EUR 4,500,000 (exclusive of VAT).


Subject to availability of funding, the performance of the selected Consultant and the specific needs of the Bank the Contract may be extended beyond the current scope.

The Consultant must determine whether any VAT would be chargeable on the services and the basis for that determination, without taking into consideration the special status of the Bank as an IFI and state this to the Bank in their response to the Invitation for Expressions of Interest. To the extent that a Consultant incurs input VAT on goods and services purchased in connection with the provision of services (e.g. VAT on airline ticket) which is not otherwise recoverable by the consultant from the local tax authority, the gross cost to the consultant of such expenses shall be treated as a reimbursable expense.

Funding Source: It is anticipated that the assignment will be funded by the European Union. Gender component is expected to be funded by the Green Climate Fund and contracted separately. Please note that selection and contracting will be subject to the availability of funding.

Eligibility: There are no eligibility restrictions based on Consultant’s nationality.

Consultant Profile: Corporate services are required. The Consultant will be a firm or a group of firms preferably with previous project experience related to:

1. Implementing financial programmes for climate adaptation and resilience measures

2. Financial product development,

3. Assessment and development of small-scale green technology investments, and

4. Working with private sector businesses.

The Consultant’s expert team is expected to include key experts as follows:

a. Project Manager, with:

· preferably 15 years’ of previous professional experience in project management;

· international technical experience in industrial/agricultural/building/residential/corporate EE and/or RE including related EE and RE financing schemes;

· expertise in project implementation planning;

· fluent spoken and written English is essential; and

· knowledge of Arabic language would be an advantage.

b. Financial/Economic Expert(s), with:

· preferably 10 years’ of previous professional experience as corporate finance expert, bank loan officer or economist with specialisation in financial analysis (including capital investment appraisal),

· expertise in financial structuring of cash flow-based lending projects;

· fluent spoken and written English is essential for the expert(s) serving as PFI relationship managers; and

· knowledge of Arabic language would be an advantage.

c. Lead Engineer, with:

· preferably 15 years’ of previous professional international project experience, including overseeing the work of a team of engineers;

· knowledge of regulations applicable to Egypt as well as best practices in EU and in SEMED region for sustainable energy, water efficiency and resource efficiency in the agricultural-, industrial-, commercial-, and residential sectors; knowledge of regulations and best practices applicable to sustainable land management

· experience of explaining engineering measures in financial terms;

· fluent spoken and written English is essential; and

· knowledge of Arabic language would be an advantage.

d. Pool of Local Engineers, with:

· knowledge of regulations applicable to Egypt as well as best practices for sustainable energy, water efficiency and resource efficiency in the agricultural-, industrial-, commercial-, and residential sectors.

· knowledge of regulations applicable to Egypt as well as best practice in sustainable land management in the agricultural sectors

· previous professional experience in developing sustainable energy and climate adaptation projects, including: (i) conducting energy audits, (ii) assessment of project investment plan including its risks and mitigation strategy, (iii) commercially based sustainable energy projects financing, and (iv) calculation of energy savings and greenhouse gas emission reduction for such projects;

· fluent spoken and written English/Arabic language is essential; and

e. Environmental Expert, with

· knowledge of environmental and safety regulations applicable to Egypt as well as best practices for sustainable energy, water efficiency and resource efficiency projects

· minimum 10 years’ of previous professional experience of conducting environmental due diligence and environmental impact assessment for a variety of sustainable energy projects

· fluent spoken and written English/Arabic language are essential; and

f. Communications and Marketing Experts, with:

· preferably 10 years’ of previous professional experience in developing marketing strategy and marketing tools

· preferably 10 years’ previous professional experience in carrying out successful marketing projects in a business-to-business as well as business-to-consumer marketing context, particularly in the banking sector;

· previous professional experience in working with corporate clients and/or banks on marketing their products; experience in organising high-level marketing events with international audience

· good understanding of Arabic and Egyptian culture

· fluent spoken and written English/Arabic language are essential.

g. Gender Expert(s), with:

· preferably 8 years of previous professional experience in the field of gender and access to (green) finance

· a proven record of experience conducting gender assessments and implementing gender action plans with client PFIs as well as organizing outreach activities targeting potential female sub-borrowers

· fluent spoken and written English and Arabic is essential

Submission Requirements: In order to determine the capability and experience of Consultants seeking to be shortlisted for the Programme, the information submitted should include the following:

1. Company/group of firms’ profile, organisation and staffing (max. 2-4 pages).

2. Details of previous project experience or similar assignments particularly undertaken in the previous five years, including information on contract value, contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided (if different from duration) , main activities, objectives.

3. CVs of key experts who could carry out the Assignments detailing qualifications, experience in similar assignments, particularly assignments undertaken in the previous five years, including information on contracting entity/client, project location/country, duration (mm/yy to mm/yy), expert months provided, assignment budget, main activities, objectives.

4. 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.

The above information should not exceed 15 pages excluding CVs and contact sheet.

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.) shall be one file (pdf) to be uploaded to eSelection. The EBRD reserves the right to reject applications of experts submitting more than one file. Only if the permissible file size (4 MB) is exceeded, the Consultant may split the expression of interest into further files.

Bank Contact Person:

Maria Haugh

European Bank for Reconstruction and Development

One Exchange Square

London EC2A 2JN

haughm@ ebrd.com (submissions should be sent through eSelection and NOT to this email address)

Notes:

1. Following this invitation for expressions of interest, a shortlist of qualified firms will be formally invited to submit proposals. Consultant selection and contracting will be subject to availability of funding.

2. The shortlist criteria are:

a. Firm’s previous project experience in implementation of comparable or relevant assignments related to financial product development, marketing, project appraisal and pipeline/portfolio of projects development, in cooperation with financial institutions and private sector businesses (30%)

b. Firm’s previous project experience in similar assignments in Egypt and/or countries of North Africa and Middle East (20%)

c. CVs of Key Experts (50%).