The consulting firm will be responsible for designing and delivering a blended capacity-building programme that addresses the RBM’s identified learning needs on ESG, climate risk, and sustainable finance. The scope of work includes, but is not limited to, the following components:

A.    Landscape and Needs Analysis

The consulting firm will begin by conducting a comprehensive landscape assessment of Malawi’s financial sector, primarily focusing on the RBM. However, a secondary tier of commercial banks, the stock exchange, retail banking institutions, and the overall private sector can also be included to provide a comprehensive ecosystem picture. This analysis will identify existing practices, regulatory gaps, and capacity needs related to ESG, climate risk management, and sustainable finance. A detailed training needs assessment will also be carried out to establish baseline knowledge levels and role-specific learning objectives. The findings will be consolidated into a Landscape and Needs Analysis Report, which will serve as the foundation for curriculum design and delivery.

B.    Curriculum Design and Materials Development

Based on the findings of the needs analysis, the consulting firm will develop a customised curriculum aligned with RBM’s thematic priorities outlined in the objectives section. These include regulation and supervision of climate-related financial risks, climate change risk management, ESG disclosure and stakeholder engagement, climate stress testing and scenario analysis, fundamentals of sustainable finance, green bond market development, ESG integration into governance and operations, and managing environmental and social footprints. The curriculum should be practical, context-specific, and incorporate global best practices. Training materials will include facilitator guides, presentations, case studies, exercises, and job aids where relevant. All content must be localized to Malawi’s regulatory environment. A comprehensive course design portfolio will be submitted for approval prior to delivery.

C.    Onsite Delivery -Lilongwe, Malawi.

The core of the programme will be a five-day onsite training in Lilongwe, scheduled for the last week of November 2025. This in-person component will bring together approximately 40 participants (estimated) from RBM, the Export Development Fund and other stakeholders. The training will emphasise practical application through group exercises, simulations, and case studies drawn from comparable markets. Hands-on activities, such as drafting a green bond framework and mapping climate risk scenarios, will ensure participants can translate theory into practice.

D.    Online Delivery (Follow-on Sessions)

The consulting firm will adopt a blended learning approach, building in the foundational onsite training and the follow-on online sessions. These interactive sessions will build knowledge of participants on key concepts introduced during the onsite sessions on aspects such as ESG fundamentals, disclosure frameworks, climate risk basics, and sustainable finance instruments. Recordings, slides, and knowledge checks will be provided to ensure continuity and reinforce learning. Certificates will be issued upon completion by the business school/ executive education provider.

E.     Evaluation, Reporting, and Sustainability

The consultancy will conclude with an evaluation and sustainability component. This will include pre- and post-training assessments to measure knowledge gains, as well as a comprehensive evaluation report summarizing outcomes, lessons learned, and recommendations for future capacity-building initiatives. The firm will also develop a Capacity-Building Roadmap outlining next steps for advanced training, peer learning, and institutionalization of ESG and climate finance practices. All training materials, recordings, and tools will be submitted in editable formats as part of the final deliverable package.