TERMS OF REFERENCE
Local consultant for Cambodia Taxonomy Project Implementation
Background
The Climate Bonds Initiative (Climate Bonds) is an international non-governmental organisation whose main task is to mobilise capital to achieve climate goals. Currently, Climate Bonds has been selected to aid in the development of the sustainable finance taxonomy of Cambodia, which should contribute to the development of the green finance market in the country. The project will consist of many stages and involve the active participation of a local partner with expertise in the fields of sustainable finance.
The project is expected to last from April 2024 to February 2025. During the project, a comprehensive analysis of the target sectors (to be determined; energy, transport, agriculture anticipated) of the Cambodian economy will be carried out; technical working groups of local experts, government and business representatives will be created; criteria for classifying activities in all three sectors as low-carbon and in transition to net zero will be created; recommendations will be given on the application of the resulting criteria in real life the economy.
Upon completion of the development process, several rounds of technical, targeted and public consultations will be held to gather feedback on the drafted taxonomy. After finalising the document, a capacity building session will be held to help integrate the results of the work into the day-to-day operations of financial and industrial enterprises in Cambodia.
Purpose and Objectives
Climate Bonds is seeking an experienced consultant with expertise in sustainable finance, who is highly proficient in both English and Khmer, to facilitate development of the Cambodian taxonomy by liaising with local representatives, researching local regulatory and policy documents, providing insights on the local policy landscape, and assisting in building good working relationships with local entities. Translation from Khmer to English and back is expected.
Scope of Services and Deliverables/Outputs
The selected consultant for the project will be responsible for supporting the Climate Bonds Taxonomy Team with the following tasks:
Timeframe and Milestones for expected Deliverables/Outputs
Assistance in the creation and establishment of technical expert groups- May 2024
Analysis of Cambodia’s regulatory framework and policy documents in relation to the three target sectors- May 2024
Assist in first round virtual consultation workshop- June 2024
Assistance in data retrieval in the development of criteria and thresholds for decarbonisation of activities related to target sectors of the economy- October 2024
Assistance in conducting technical consultations, collecting and processing opinions of target experts, representatives of government agencies, NGOs and businesses- October 2024
Quality control of the translation of the first version of the taxonomy draft- October 2024
Assist in second round virtual consultation workshop- November 2024
Assistance in conducting targeted stakeholder consultations, analysis and translation of feedback- November - December 2024
Control of the final version of the translation- February 2025
Assistance in conducting the capacity building session- February 2025
Selection Criteria
The consultant should have the following skills and experience:
Documents
Candidates need to submit:</