Public-private Partnerships Consultant

hace 5 días

Lima, Perú Global Green Growth Institute A tiempo completo

**INTRODUCTION TO 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.

**GENERAL INFORMATION**:

- Duty Station: Lima, Peru
- Contract Duration: December 2024 to August 2025
- Estimated Workdays: 154 working days
- Consultant Level: Level 4 Total Fees: US$60,000
- Deliverable-based

**PROJECT BACKGROUND**:
In Peru, progress in implementing climate policy has been slow, with greenhouse gas (GHG) emissions, excluding land use, land-use change, and forestry, increasing by 90%, from 54 MtCO2eq in 1990 to 109 MtCO2eq in 2021. At the same time, Peru’s economy and population are highly vulnerable to climate change, particularly water and food security, biodiversity loss, and ecosystem impacts.

In this context, the Peruvian government faces multiple challenges in addressing climate change, including limited institutional capacity to integrate environmental, social, and climate considerations into programmatic and financial planning, as well as in public debt instruments. Similarly, national financial institutions show insufficient capacity to manage climate, environmental, and social risks. These challenges impact the work of the Ministry of Economy and Finance (MEF), the Ministry of Environment (MINAM), the Superintendency of Banks, Insurance, and AFPs (SBS), the Superintendency of the Securities Market (SMV), and local financial institutions.

Similarly, the lack of mechanisms to integrate climate change and environmental considerations into the National Public Investment System and the institutional framework regulating public-private collaboration mechanisms (Public-Private Partnerships or PPPs) in Peru affects planning to address the sustainable infrastructure gap—ensuring it is climate-smart—across various sectors at the central, regional, and local government levels.
This context highlights various challenges in achieving institutional capacity to efficiently and promptly take advantage of the facilities provided by international climate and environmental funds, such as the Green Climate Fund (GCF). As a result, efforts in climate action for adaptation and mitigation, fulfillment of sustainable development goals, and the resilience of the country’s infrastructure are hindered, making it more vulnerable to the impacts of climate change and the degradation of ecosystems (and the ecosystem services they provide).

The GGGI Peru program aims to support the government in advancing climate and environmental financing efforts through a set of complementary Workstreams:

- Workstream 1: Strengthening the institutional capacity of the MEF, MINAM, SBS, and SMV to integrate environmental, social, and climate change considerations into public debt instruments, financial planning, and the supervision and regulation of financial markets.
- Workstream 2: Promoting the greening of Peru’s financial markets by supporting various activities outlined in the Green Finance Roadmap and national strategies for mobilizing climate finance.
- Workstream 3: Including in the institutional framework that regulates investment projects and PPPs the necessary arrangements for developing climate-smart PPPs (sustainable, low-carbon, and climate-resilient).
- Workstream 4: Accelerating access to resources and facilities offered by the GCF and other global environmental funds.

It is noted that Workstream 3 aims to support the Peruvian government in identifying a public-interest investment project that can be developed through public-private partnership (PPP) agreements. This project would serve as a flagship initiative to highlight the contribution of private financing towards achieving the country's goals for low-emission, climate-resilient development, incorporating environmental and social sustainability criteria throughout the entire investment cycle, including the formulation stage. To this end, this workstream includes activities to support the development of an intervention strategy, proposals for regulatory and methodological instruments, outreach processes, as well as a prioritization strategy to identify potential flagship projects.

**OBJECTIVES OF THE ASSIGNMENT**:
(1) General Objectives

The consultant will formulate recommendations to implement the "Sustainability Principle" in the relevant PPP regulations, particularly for the development of low-carbon, climate-resilient, eco-efficient projects based on the use of clean energy, and that promote the circular economy, natural infrastructure, and green financing.
To achieve this, the consultant will consider the best international practices in the existing regulations governing PPPs to update the regulatory framework of the National System for the Promotion of Private Investment (SNPIP), which enshrines the "Sustainability Princi

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