EV FINANCING EXPERT CONSULTANT, VANUATU

EV FINANCING EXPERT CONSULTANT, VANUATU

PROJECT BACKGROUND

The Global Green Growth Institute (GGGI) is currently co-executing the “Support to the acceleration of sustainable land transport and the introduction of electric mobility in Vanuatu” Project with the Department of Energy (DoE) under the Ministry of Climate Change (MoCC). The project is supported by the United Nations Environment Programme (UNEP) as the Global Environment Facility (GEF) implementing agency. The three-year project aims to accelerate the introduction of electric mobility in Vanuatu to reduce land transport emissions and support the transition to a sustainable, low-carbon transport system.

The project comprises four interrelated components focusing on enabling policies, sustainable urban mobility planning, development of financial products for facilitation EV adoption, and awareness-raising. The project will involve policy analysis, stakeholder engagement, feasibility studies, and the development of financing and implementation mechanisms. Under this framework, GGGI is also supporting the National Green Energy Fund (NGEF) of Vanuatu to design and operationalize an e-mobility financing product that is responsive to Vanuatu’s context, including the needs of public institutions, public transport operators, tourism-related transport providers, and women-led enterprises.

OBJECTIVES OF THE ASSIGNMENT

GGGI will mobilize one (1) individual consultant as the EV Financing Expert Consultant on a fixed-term contract basis. The primary objective of this assignment is to design an e-mobility financial product under the National Green Energy Fund (NGEF) and support its operationalization, early implementation readiness, and future scale-up. The main outcome of the assignment will be a technically sound, financially viable, operationally implementable and inclusive financial product that can catalyse EV adoption in priority sectors in Vanuatu. Based with the National Green Energy Fund offices at the Ministry of Climate Change, Port Vila Vanuatu, the Individual Consultant will work closely with the NGEF fund manager, Senior Economist and the Chief Technical Officer of the project (CTA). The consultant will report to the CTA for the completion of the tasks and duties as outlined in these terms of reference.

Within the scope of the Assignment, the Individual Consultant is expected to provide consultancy services for the below listed activities:

• Review the NGEF Manual, current allocation envelope, and relevant policies and procedures to identify the most suitable financial mechanism(s) for EV uptake, including loans, guarantees, grants, blended structures, and de-risking approaches.
• Undertake market, financial, and technical assessments to determine the suitability of EV financing for priority beneficiary groups, including public service vehicles, public transport operators, tourism transport providers, and women-led or women-benefiting enterprises.
• Design the e-mobility financial product, including product structure, eligibility criteria, application procedures, appraisal parameters, technical assistance arrangements, and monitoring and evaluation framework.
• Assess EV financial viability, total cost of ownership, vehicle suitability, and operating conditions in Vanuatu to inform the design of the financing product and eligible asset categories.
• Prepare the operationalization and approval package required for submission to the NGEF Fund Manager and Board, and support the review process toward launch readiness.
• Develop a replenishment and scaling proposal based on pilot design assumptions, expected results, funding needs, and opportunities to mobilize support from development partners and other financiers.
• Design and deliver capacity-building and awareness support for NGEF staff and relevant stakeholders on EV technologies, product implementation, customer engagement, and inclusive access to the financing product.
• Develop communication materials and awareness content to explain the financial product, address misconceptions around EVs, and support uptake among target users.
• Ensure that gender equality and social inclusion considerations are integrated across product design, eligibility, outreach, capacity building, and monitoring frameworks.

If required by the GGGI, the Individual Consultant could be requested to provide additional consultancy services on topics related to her/his expertise area for other activities of the Project.

DELIVERABLES AND PAYMENT SCHEDULE

The consultant’s responsibilities will be divided into interlinked technical and operational workstreams to support the design, approval readiness, implementation preparation, and scaling of the NGEF e-mobility financing product.

The scope of work will include:

Financial Product Design:

• Review relevant NGEF procedures, financing windows, and governance arrangements and assess feasible financing instruments for EV uptake under the NGEF mandate.
• Assess the existing NGEF allocation for energy efficiency and electric mobility activities and identify options to structure a dedicated e-mobility financing product.
• Undertake market and financial analysis to assess EV suitability, beneficiary demand, procurement and operating costs, battery replacement considerations, affordability, and expected operating performance in Vanuatu.
• Define the proposed financing structure, target users, eligible asset classes, eligibility criteria, application procedures, documentation requirements, appraisal metrics, and implementation modalities.
• Integrate gender-responsive and inclusive design features, including pathways for women’s participation and access by women-led enterprises.

Operationalization and Approval Support:

• Prepare the detailed operationalization package for the product, including product note, process flow, appraisal framework, technical assistance approach, service provider engagement arrangements, and supporting annexes.
• Compile and refine the documentation required for submission to the NGEF Fund Manager and Board and support the review and approval process toward launch readiness.
• Provide technical inputs on the proposed use of seed funding for early implementation, including de-risking approaches and/or support for incremental EV and charging infrastructure costs.

Monitoring, Evaluation, and Scaling:

• Develop a monitoring and evaluation framework with indicators, baseline assumptions, data collection methods, and reporting tools to track EV uptake, operating performance, and environmental, economic, and social impacts.
• Prepare a replenishment and scale-up proposal drawing on lessons from the product design and early implementation arrangements, including expansion pathways, funding needs, and prospective financing partners.

Capacity Building and Communication:

• Design and deliver capacity-building support for NGEF staff and relevant stakeholders on EV technologies, product implementation, customer engagement, and common misconceptions around EVs.
• Develop user-oriented communication and awareness materials in appropriate formats and language for target beneficiaries and stakeholders.

No.

Deliverable

Description

Timeline

Payment

1

Inception Report and Detailed Work Plan

Inception report setting out methodology, stakeholder engagement approach, data requirements, workplan, and delivery schedule for the assignment.

Month 1

4000 US$

2

NGEF Financial Mechanism Review and Product Options Paper

Review of the NGEF Manual, existing allocation, and feasible financing mechanisms under the NGEF mandate, including recommended product options for EV uptake.

Month 2

4000 US$

3

Beneficiary, Eligibility and Application Framework

Eligibility criteria, target beneficiary segmentation, inclusion measures for women and women-led enterprises, application procedures, documentation requirements, and evaluation metrics.

Month 3

4000 US$

4

EV Suitability and Financial Viability Assessment Report

Assessment of vehicle suitability and financial viability for priority use cases, including EV procurement costs, operating costs, battery replacement considerations, and available local market data.

Month 4

4000 US$

5

Draft E-Mobility Financial Product Design Package

Draft comprehensive financial product design, including financing structure, product features, target users, eligibility rules, implementation approach, and draft M&E framework.

Month 5

4000 US$

6

Final E-Mobility Financial Product Design Package

Final product design package revised based on GGGI, NGEF, and stakeholder feedback, ready for operationalization processing.

Month 6

4000 US$

7

Operationalization Plan and Approval Documentation Package

Approval-ready documentation for submission to the NGEF Fund Manager and Board, including operationalization arrangements, financial terms, seed-funding approach, and supporting annexes.

Month 7

4000 US$

8

Product Approval and Launch Support Note

Technical support to the review and approval process, including responses to comments, revision of documentation, and a short note on next steps for product launch and implementation.

Month 8

4000 US$

9

Capacity-Building Package for NGEF Staff

Training package includes agenda, presentation materials, facilitator notes, handouts, and guidance on EV technologies, product implementation, customer engagement, and gender-responsive outreach.

Month 9

4000 US$

10

Capacity-Building Delivery Report

Delivery of training sessions for NGEF staff, with attendance records, summary of issues raised, participant feedback, and recommendations for further institutional strengthening.

Month 10

4000 US$

11

Draft Replenishment, Upscaling and Communication Package

Draft replenishment and scale-up proposal, including funding needs, expansion strategy, potential financing sources, and draft communication/awareness materials for stakeholders and target users.

Month 11

4000 US$

12

Final Assignment Report and Final Communication Materials

Final consolidated report incorporating comments on all deliverables, key recommendations, implementation of next steps, and finalized communication materials for dissemination.

Month 12

4000 US$

All output must be in English and in the format required by the CTA/Senior Economist.

The consultant will be paid upon submission and validation of agreed deliverables, in accordance with the contract and GGGI payment procedures.

EXPERTISE INFORMATION

Education:

Master’s degree in economics, Finance, Environmental Studies, Business Administration, or a related field. A first-level university degree combined with additional years of relevant experience may be accepted in lieu of an advanced degree.

Experience:

• Five to eight years of relevant professional experience in developing financial products, conducting market assessments, or managing financial-sector or climate-finance initiatives.
• Proven track record in the design and operationalization of financial mechanisms such as loans, guarantees, grants, blended finance instruments, or de-risking facilities.
• Demonstrated experience in developing or advising on financing solutions for sustainable transport, e-mobility, renewable energy, green finance, or closely related sectors.
• Experience in preparing approval documentation, investment or product notes, operational manuals, or similar materials for financial institutions, public funds, or donor-supported facilities.
• Demonstrated experience in creating inclusive programs, with a focus on gender equity and the empowerment of women-led enterprises.
• Familiarity with monitoring and evaluation frameworks, impact assessment approaches, and results-based reporting.
• Previous work experience in Vanuatu or similar Pacific Island contexts, with an understanding of the geographic, institutional, infrastructure, and market challenges relevant to EV adoption, is highly desirable.

Skills:

• Exceptional skills in strategic planning, proposal development, stakeholder engagement, and analytical writing.
• Ability to deliver comprehensive training and awareness programs to diverse audiences, including local staff, public institutions, and beneficiaries.
• Fluency in English with strong communication, analytical, and report-writing skills. Knowledge of Bislama or French will be an asset.
• Strong command of Excel, Word, PowerPoint, and financial modelling or analysis tools relevant to the assignment.

Desirable:

• Knowledge of Vanuatu’s transport, energy, and financing landscape, including public sector fleet needs and private operator realities.
• Experience working with public financing facilities, development partners, multilateral projects, or climate and green finance programs in small island developing states.
• Knowledge and awareness of gender aspects relevant to transport, finance, and entrepreneurship.

• Familiarity with GEF, UNEP, or GGGI project cycles and reporting requirements.
• Knowledge of Vanuatu’s transport sector, policies, and institutional landscape.
• Existing networks with government, private sector, and financial sector stakeholders in Vanuatu and/or the Pacific.

ADMINISTRATIVE INFORMATION

Interested candidates must meet the minimum qualifications listed above. Selection will be based on a panel evaluation of the criteria below. Only shortlisted applicants will be contacted for an interview. GGGI does not pay for any expenses associated with the interviews unless pre-authorized. Reference checks will be conducted for selected candidates. The applicant’s references must be able to provide substantive information about his/her past performance and abilities.

Application Package Must Include:

1. A cover letter of no more than 3 pages demonstrating how the candidate's qualifications meet the work requirements and address the selection criteria.
2. A curriculum vitae (CV) detailing education, professional experience, and relevant achievements.
3. Contact details (email and phone) of three professional references.

All the above information must be included in the application package for the package to be considered complete.

At GGGI’s discretion, reference checks and interviews may be conducted as part of the evaluation process.

All application submitted by GGGI website no later than July 13, 2026, at 11:59 pm Korean Standard Time (KST). Application submitted after the deadline will not be considered Application. Cover Letter, and CV must be sent in English. A consortium, or a firm may not be engaged for the individual consultant assignment.

GENERAL INFORMATION

Project: EV Financing Expert Consultant Vanuatu
Duty Station: Port Vila, Vanuatu
Contract Duration: 12 Months
Consultant Level: 4
Total Fees: USD 48,000

Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.