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:

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