Background:

Grenada’s economy depends on climate-sensitive sectors like tourism, agriculture, and construction, which are highly exposed to extreme weather and sea-level rise. 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: 

a) financial institutions – commercial banks, development banks, credit unions, regulatory bodies

b) insurance companies and insurance service providers

c) private sector businesses – hoteliers, micro, small, medium, and large commercial businesses

d) commodity boards and state-owned enterprises

e) private sector education and medical service providers, and training agencies

f) 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 Risk Screening Specialist who will be responsible for implementing deliverables for the following Outputs:

    • Output 1.3.3 (a): Private sector stakeholders are trained to develop concrete procedures and standards for their green finance portfolio 

    • Output 1.3.4: Private sector stakeholders are sensitised on the provisions of the building code for risk-proofing construction works and are able to conduct climate risk assessments of investments and resilience-building using risk-screening tools such as CCORAL.

Timeline: 

The Climate Risk Screening Specialist will be engaged in a fixed-price consultancy, expected to be implemented within two-man months, over three months. 

Key Qualifications and Experience:

The Climate Risk Screening Specialist must possess the following key qualifications, skills, and demonstrated experiences: 

Education: 

A degree in Architecture, Engineering, Project Planning or Development, or a graduate degree in International Development Studies, Natural Resources/Environmental Science/Management, or related fields. 

Professional Experience:

At minimum 5 years of experience in project/programme development and project cycle management, architecture, engineering, or building construction, preferably in Grenada or the wider Caribbean

Technical Expertise:

    • Demonstrated experience and or training in climate/ disaster risk proofing of buildings and other physical infrastructure.

    • Demonstrated experience delivering stakeholder workshops or capacity-building sessions.

    • Demonstrated knowledge of the revised building code for Grenada.

    • Experience in the use of the CCORAL tool, or the use of other risk screening tools for adaptation and mitigation

    • Experience working with private sector organisations, which includes engagement with and project development/implementation.

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 - 45% 

    • Relevant experiences - 55% 

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

Submission Guidelines:

Expressions of Interest (including disclosure of any actual or potential conflict of interest) must be submitted with the headline GCF Readiness and Preparatory Support Programme - Climate Risk Screening Specialist on or before 2 pm AST, March 5th, 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 submitted via the following email: info@gdbbank.com, copied to cpu@gov.gd, and 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 grenadadevelopmentbank.com, or obtained by request, writing to info@gdbbank.com.