GCF Private Sector Request for Expression of Interest - Climate Change Project Development Specialist

To transition to a low-carbon, climate-resilient economy as outlined in its Nationally Determined Contributions (NDC) and National Adaptation Plan (NAP), Grenada will need over $500 million in investments over the next decade. However, limited access to international climate finance and innovative financing options highlights the need for private sector engagement.

To address this, the Government of Grenada, through the Grenada Development Bank (GDB) and the Green Climate Fund (GCF), are leading a readiness project to strengthen local capacity for climate finance. The initiative includes frameworks and training for private sector stakeholders on green finance management, climate risk screening, and investment planning. Through various targeted training and policy development, the project aims to foster an environment where the private sector can actively contribute to Grenada’s climate adaptation and mitigation efforts.

Targeted beneficiaries include:

1. financial institutions – commercial banks, development banks, credit unions, regulatory bodies
2. insurance companies and insurance service providers
3. private sector businesses – hoteliers, micro, small, medium, and large commercial businesses
4. commodity boards and state-owned enterprises
5. private sector education and medical service providers, and training agencies
6. construction service providers - builders, architects, engineers, etc

Consultancy Objectives:

The Government of Grenada, through the Grenada Development Bank (GDB), is seeking to engage a Climate Change Development Specialist who will be responsible for implementing deliverables for the following Outputs:

• Output 1.3.1: Private Sector stakeholders are trained to prepare and/or contribute to the preparation of GCF Project Concepts and Proposals, as well as equipped to effectively engage with AE’s and NDA on proposals developed.

• Output 1.3.5: Certified, technically and professionally trained people in the labor force to undertake climate change mitigation and adaptation activities.

• Output 1.3.6: The private sector is actively engaged and supported throughout the life cycle of climate change-related private sector projects and investments, i.e., from concept development to ex-post evaluation, utilizing a knowledge-sharing and learning platform.

• Output 4.1.1: Three concept notes targeting Renewable Energy/Energy Efficiency (RE/EE) and adaptation investments.

Timeline:

The Climate Change Project Development Specialist will be engaged in a fixed-price consultancy, which is expected to be implemented over six months.

Key Qualifications and Experience:

The Development Specialist must possess the following key qualifications, skills, and demonstrated experiences: 

Education:

Master’s degree or equivalent in Project Development, Natural Resources/Environmental Science, International Development, or related fields of study.

Professional Experience:

At minimum five (5) years of experience in project development, climate change adaptation and/or mitigation, or international development, climate finance, and knowledge management.

Technical Expertise:

o Experience in Green Climate Fund project development, projects, and programs

• Experience working with private sector organizations; engagement and project life cycles
• Experience in the use of the CCORAL Tool and/or any other risk screening tool

Regional Experience:

Experience working in the Caribbean or similar regions, with insight into local financial and cultural contexts for climate finance and climate adaptation.

The GDB now invites individual consultants (“Consultants”) to indicate their interest in providing these services. Firms may propose qualified individual consultants for this assignment; one individual consultant per firm. Only the experience and qualifications of individuals will be considered in the selection process.

Selection Process:

The selection process will follow the procedures for Individual Consultant Selection as outlined in the Public Procurement Act 39 and Public Procurement Regulations SRO 32. Consultants will be evaluated based on the following criteria:

• Relevant qualifications - 35%

• Relevant experiences - 65%

Only shortlisted consultants from the Expression of Interest process will be invited to submit full proposals (technical and financial).

Submission Guidelines:

Expressions of Interest must be submitted with the headline GCF Readiness and Preparatory Support Programme - Climate Change Project Development Specialist on or before 2 pm EST, February 9^th, 2026, and include 1) A Statement of Capability, with an indication of availability, and 2) A Curriculum Vitae with relevant accomplished works. Expressions must be addressed to:

The General Manager

Grenada Development Bank

Melville Street

St. George's

Grenada

The detailed Terms of Reference (TOR) can be found at the following websites: www.procurement.gd, or grenadadevelopmenttbank.com