GGGI Mexico has a growing portfolio of programs managing a diverse set of programs and projects focused on four key thematic areas of land-use, water, transport, and green cities, as well as the cross-cutting areas of climate action and socially inclusive development, all of which contribute significantly to the potential for achieving green growth in Mexico.
Following these thematic areas, GGGI Mexico seeks to support the Ministry of Finance, mainly the Direction of Sustainable Finance, to increase the pipeline of projects aligned with the strategic priorities of the Government of Mexico across key sectors, whilst maintaining its alignment to the Sustainable Taxonomy. Moreover, GGGI aims to support the Ministry of Finance in advancing the goals established in the Sustainable Finance Mobilization Strategy.
Mexico’s pipeline of projects for Green Climate Fund (GCF) approval consists of 13 projects, including 9 national projects and 4 multi-country projects. Managing this portfolio presents significant challenges, particularly in light of the evolving political context within both the Mexican government and the GCF.
In 2024, both the Government of Mexico and the GCF are redefining their strategic priorities. This requires aligning the current portfolio with the new national policy instruments, utilizing methodological tools for informed decision-making, implementing projects that deliver high climate impact and cost-effectiveness, updating the access guidelines for the GCF, and redesigning the GCF Country Program.
Additionally, the GCF's new 2024-2027 Strategy emphasizes the need to strengthen the implementation of national projects executed by Nationally Accredited Entities. It also seeks to promote the use of the private sector access window and prioritize projects that demonstrate significant climate impact and high levels of co-financing.
The objective of the consultancy is to support the Direction of Sustainable Finance (DFS) of the Public Credit and International Affairs Unit of the Ministry of Finance (UCPAIH for its acronym in Spanish) in managing the project portfolio of the Country Program and the private sector window under the Green Climate Fund (GCF); collaborate in the preparation of strategic positions for the Ministry of Finance in international forums and platforms; and manage bilateral cooperation on sustainable finance to ensure alignment with national and international priorities.
a) Technical review of documents such as Concept Notes, Project Preparation Facility (PPF) submissions, and Full Funding Proposals submitted to the GCF.
b) Evaluate Concept Notes and Full Funding Proposals submitted to the GCF using a methodology developed by SHCP.
c) Conduct technical reviews of contracts between the GCF and Mexican technical and financial institutions.
d) Keep Mexico's GCF project pipeline up-to-date, reflecting the status of submissions, approvals, and key milestones.
e) Monitor the GCF project pipeline, including identifying and tracking critical deadlines for proposal submissions.
f) Provide guidance to project proponents on GCF standards and criteria, focusing on climate impact, financial feasibility, and co-financing requirements for Accredited Entities seeking access to the GCF.
g) Prepare reports, presentations, and materials regarding the pipeline for national and international meetings to support strategic decision-making and stakeholder engagement.
2. Governance Evaluation and Strategic Decision-Making Support
a) Monitor and attend GCF Board Meetings, which occur at least twice a year, ensuring adequate follow-up on outcomes and resolutions.
b) Review technical documents issued by the GCF during Board Meetings, analyzing agreements and their implications.
c) Maintain and foster relationships with the GCF Board, particularly with the division overseeing the Latin America and Caribbean region, to ensure effective communication and coordination.
3. Private Sector Strategy Development and Pipeline Management
a) Provide guidance to private sector investors on GCF standards, focusing on climate impact, financial feasibility, and co-financing through Accredited Entities.
b) Identify opportunities to strengthen project preparation and streamline access to GCF resources via the private sector facility.
c) Support the formulation and submission of funding proposals to the GCF private sector facility, ensuring compliance and alignment with strategic objectives.
d) Facilitate coordination among project developers, Direct Access Entities (DAEs), and other stakeholders to create coherent and impactful funding proposals.
e) Monitor the progress of the pipeline of projects submitted to the GCF, ensuring timely follow-up on the feedback provided by the GCF during the proposal review process.
f) Track and address any observations or recommendations from the GCF during the review of project proposals, ensuring that these are properly addressed to improve the quality and alignment of proposals.
g) Organize meetings, calls, or visits with private investors who approach the DFS for access to the GCF private sector window, aiming to identify opportunities for financing projects with high potential.
h) Assist investors by providing guidance on the criteria and standards required for GCF private sector access, helping them to prepare competitive proposals that meet the GCF’s funding priorities.
4. Analysis and Evaluation of SHCP's Positioning in International Forums
a) Facilitate Mexico’s participation and positioning in joint communication initiatives, ensuring that Mexico’s contributions are recognized as key references in the field of sustainable finance.
5. Bilateral Cooperation Management in Sustainable Finance
a) Support the definition of collaboration priorities between bilateral cooperation entities and the SHCP, aligning with Mexico's national and international commitments in sustainable finance.
b) Coordinate with internal areas within SHCP to ensure compliance with administrative, technical, and communication requirements for bilateral agreements.
c) Analyze and coordinate the review of bilateral cooperation agreements, ensuring that they align with the interests of both parties and Mexico’s international sustainable finance commitments.
Payment | Deliverable | Delivery time | Percentage |
Payment No. 1 | Deliverable 1. Workplan and methodology. | 2 weeks after signing the contract | 15% |
Payment No. 2 | Deliverable 2. A detailed progress report of the activities and products supported from week 3 to 11. | By April 15th, 2025 | 15% |
Payment No. 3 | Deliverable 3. A detailed progress report of the activities and products supported from week 12 to 20. | By June 15th, 2025 | 15% |
Payment No. 4 | Deliverable 4. A detailed progress report of the activities and products supported from week 20 to 28. | By August 15th, 2025 | 15% |
Payment No. 5 | Deliverable 5. A detailed progress report of the activities and products supported from week 29 to 37. | By October 15th, 2025 | 15% |
Payment No. 6 | a) Deliverable 6. A detailed progress report of the activities and products supported from week 38 to 50. |
| 25% |
All products (documents with their annexes and infographics, tables, diagrams and/or other graphic aspects developed to facilitate the understanding of the technical contents) will be delivered in digital support, in open files that allow their edition.
* El índice de referencia salarialse calcula en base a los salarios que ofrecen los líderes de mercado en los correspondientes sectores. Su función es guiar a los miembros Prémium a la hora de evaluar las distintas ofertas disponibles y de negociar el sueldo. El índice de referencia no es el salario indicado directamente por la empresa en particular, que podría ser muy superior o inferior.