IC - Lead Consultant – Development of a Green Taxonomy

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Introduction

Country:   Malawi

Climate change presents substantial risks to Malawi’s economy and financial system. The country remains highly vulnerable to climate-related shocks, including floods, droughts, and cyclones, which frequently damage infrastructure and livelihoods and trigger significant economic disruption. Concurrently, global financial markets are increasingly aligning with green standards and Environmental, Social, and Governance (ESG) criteria. Countries that fail to adapt risk exclusion from major investment flows and diminished access to capital markets.


The development of a green finance taxonomy—a formal classification system defining environmentally sustainable economic activities—can help Malawi respond to these dual challenges. Such a taxonomy provides clear guidance for directing capital toward climate-resilient and sustainable investments and will support more informed credit decisions by banks and promote investment opportunities that contribute to attaining national environmental objectives, while minimizing reputational risks associated with ‘greenwashing’ practices. By improving transparency and investor confidence, it serves as a catalyst for mobilizing sustainable development finance. 


Period of assignment/services 130 Working days

 

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Documents :

Negotiation Document(s) (Before Accessing other negotiations Document(s), please click on this link)