Consultance : Tetra Tech recherche un.e Consultant.e en développement de produits de financement du climat pour le projet d’adaptation au climat de l’USAID aux Maldives.

Consultance : Tetra Tech recherche un.e Consultant.e en développement de produits de financement du climat pour le projet d’adaptation au climat de l’USAID aux Maldives.

Responsibilities:

The Consultant will conduct market research, identifying needs and gaps relevant to the deployment of new financial products in support to climate adaptation in the sectors tourism, fisheries and agriculture. The market research will include the potential climate impact (adaptation beneficiaries) that could be reached through the deployment of these new financial products. The Consultant will develop prototypes of proposed financial products including terms and conditions, support the product testing, and provide a final report with recommendations based on lessons learnt during testing.

* Draft an inception report presenting the methodology the consultant will apply for the deliverables and for estimating climate adaptation impacts in the relevant sectors.

* Develop a market research report on the current state of agriculture, fisheries and tourism sectors including an analysis of the financial products currently available in support to those sectors in the Maldives and their effectiveness in terms of accessibility, public reception, and usability. Using global research on existing financial products in similar country contexts, the study will identify potential new financial products that could promote climate adaptation in these sectors and their description with a focus on SMEs as target audience. The study will identify possible terms and conditions that the target audience can absorb.

* Develop prototypes of new financial products including terms and conditions with a presentation of the prototype.

* Refine prototypes by incorporating feedback from SDFC and USAID Climate Adaptation Project, and plan for testing the prototypes

* Develop a report of testing phase with recommendations on final applicable financial products and their potential climate impacts in the sectors tourism, fisheries and agriculture.

Qualifications:

* The consultant should possess a minimum PHD in Economics, Finance, Agriculture, or any other equivalent field;

* At least 7 years expertise in climate finance with a strong background in structuring, development of financial products, exposure to financial markets will be a plus;

* Experience in similar consulting assignment with verifiable track records of having compiled market research reports involving development of new financial products;

* Knowledge of the specific sectors of fisheries, agriculture, or tourism; experience of having developed financial products for these sectors would be a plus;

* Deep understanding of climate change adaptation, past experience in a multilateral development bank or financial institution would be of great advantage;

* Experience in quantifying climate change adaptation impacts with solid track records in development of climate adaptation projects for the GCF;

* Understanding of climate risks facing the fishery, agriculture and tourism sectors, related publications would be a plus;

* Understanding of how financial products can be used to mitigate or adapt to climate change threats in these sectors;

* Strong analytical skills: Developing new financial products requires a strong ability to analyze data, evaluate risks and opportunities, and make informed decisions;

* Good communication and collaboration skills; and

* Track record working with a range of stakeholders, including financial institutions, government agencies, and industry organizations will be key.