Terms of Reference (ToR)

Consultancy Title:
Stakeholder Engagement for the Development of Climate Investment Concepts and Stimulating Private Sector Finance in Kenya, Rwanda, Tanzania and Ghana.

Location:
Remote, with potential travel to Kenya, Rwanda, Tnazania and Ghana.

Duration:
July-October 2025

Background

Climate change poses significant risks to the sustainable development and economic stability of African countries. At the same time, it presents an opportunity to build low-carbon, resilient economies, if adequate financing can be mobilized. While public finance and international aid have played important roles, the scale of investment required far exceeds their capacity. There is an urgent need to unlock private capital to bridge the climate finance gap.

To address this, the World Resources Institute (WRI) is implementing an initiative titled Accelerating Private Sector Finance Flows for Climate Action. The initiative aims to identify priority investment areas and catalyze private sector engagement in Kenya, Tanzania, Rwanda, and Ghana. It will support the development of bankable, climate-aligned project concepts in sectors such as renewable energy, sustainable transport, water access, and climate-resilient infrastructure.

This Request for Proposals (RfP) seeks a consultant to lead the stakeholder engagement component of the initiative, bringing together government, industry, financiers, and civil society to identify barriers, opportunities, and viable partnerships that can help shape a robust pipeline of climate investment opportunities.

Consultancy Highlight

The consultant will support the stakeholder engagement process for this initiative which aims to increase private sector involvement in climate-relevant investments across Kenya, Tanzania, Rwanda, and Ghana. It focuses on identifying priority sectors, engaging key stakeholders, and developing a pipeline of investment concepts aligned with national climate priorities. The initiative also addresses existing financial and structural barriers to unlock private capital.

This assignment contributes to the development of bankable project concepts that meet the investment needs of the four target countries. These projects will focus on climate-related sectors such as renewable energy, sustainable transport, water access, and climate-resilient infrastructure, with the ultimate goal of attracting and mobilizing private sector finance.

Objective of the Assignment:

To lead and coordinate stakeholder engagement activities and support the development of investment concept notes that catalyze private sector financing for climate action in Kenya, Rwanda, Tanzania and Ghana.

Scope of Work and Key Responsibilities:

1. Stakeholder Engagement:
   • Identify and map key stakeholders across government, private sector, civil society, and financial institutions in each target country.
   • Organize and lead stakeholder consultations, including workshops and bilateral meetings.
   • Develop a Stakeholder Engagement Report capturing priority sectors, investment barriers, financing needs, and strategic opportunities.
2. Investment Concept Development:
   • Collaborate with national and sub-national stakeholders to define priority areas for private climate investment.
   • Draft at least three investment concept notes (one per country) aligned with national climate goals and designed to stimulate private sector engagement.
   • Ensure the concepts are technically sound, address gender and social inclusion, and reflect financial viability and investor readiness.
3. Technical and Advisory Support:
   • Provide guidance to WRI teams and partners on structuring concepts and aligning them with national and local development strategies.
   • Incorporate considerations such as development of communication, stakeholder buy-in, and capacity needs into final outputs.
   • Work with country partners to ensure institutional alignment and long-term ownership of developed concepts.

Deliverables:

Consultant Qualifications:

• Advanced degree in Climate Finance, Environmental Economics, Public Policy, Development Communication, or a related field.
• Minimum of 7 years’ experience in climate-related project design and private sector engagement.
• Proven ability to facilitate multi-stakeholder processes and synthesize inputs into coherent, investable concepts.
• Strong experience in Africa, preferably in Kenya, Rwanda, and Ghana.
• Excellent writing, communication, and analytical skills.

Level of Effort & Payment Terms:

Estimated LOE: ~60 days over the 6-month period
Payment will be milestone-based and tied to the successful delivery and approval of outputs.

Application Instructions:

Interested candidates should submit the following:

• Technical proposal highlighting approach, methodology, and experience
• Financial proposal (daily rate and estimated LOE)
• CV and two samples of similar work

Submit applications by July 4, 2025 to Ivy Murgor- ivy.murgor@wri.org .

About World Resources Institute

World Resources Institute works to improve people’s lives, protect and restore nature and stabilize the climate. As an independent research organization, we leverage our data, expertise and global reach to influence policy and catalyze change across systems like food, land and water; energy; and cities. Our 2,000+ staff work on the ground in more than a dozen focus countries and with partners in over 50 nations.