International Consultant for ESG for PFM

Description UNDP Bhutan is seeking proposals from the eligible and qualified International Individual Consultants for Operationalizing and Integrating an Environmental, Social, and Governance (ESG) Framework into Bhutan’s Public Financial Management System, under the UNDP, Biodiversity Finance Initiative (BIOFIN) Phase II and Equanomics Funding Window.While preparing your technical Proposal you are encouraged to thoroughly review the attached tender documents particularly the terms of reference. A brief objective and scope of the assignment below:Objective of the Assignment:The objective of this assignment is to support the MoF in the validation, operationalization, and integration of ESG Framework within the PFM system. The framework will be integrated into the UCoA, budget processes and the IFMIS to enable systematic identification, tagging, attribution, measurementand reporting of ESG-related public expenditures and investments. The assignment will place particular emphasis on strengthening biodiversity finance tracking in line with the BIOFIN methodology and Global Biodiversity Expenditure (GLOBE) taxonomy, integrating Gender Equality and Social Inclusion (GESI) considerations through gender-responsive budget and expenditure tracking approaches, and fulfilling Bhutan’s international reporting obligations to the Convention on Biological Diversity (CBD) and Convention on the Elimination of All Forms of Discrimination against Women (CEDAW).Specific Objectives:1. Review, validate and operationalize the ESG Taxonomy within Bhutans PFM system.2. Develop an integrated ESG tagging, attribution and expenditure measurement framework and guidance.3. Strengthen biodiversity finance and GESI integration within the ESG framework.4. Establish ESG reporting and sustainability disclosure methodologies and outputs.5. Support institutionalization of the framework and ESG tagging through governance arrangements, IFMIS integration, piloting, capacity development and implementation planning.Scope of Work:The consultant shall support the review, validation, piloting and institutionalization of an ESG Framework within Bhutans PFM system. The assignment shall cover:A. Strengthening ESG taxonomy and framework and support its operationalization;B. Development of ESG tagging, attribution, and expenditure measurement methodologies;C. Design of ESG reporting and disclosure frameworks;D. Integration of ESG requirements into IFMIS and PFM business processes;E. Pilot testing and validation of the framework;F. Capacity building and knowledge transfer; andG. Development of governance arrangements and a phased implementation roadmap.All activities shall be undertaken through a consultative and co-creation process involving the MoF, UNDP, relevant government agencies, oversight institutions and other partners.Please indicate whether you intend to submit a bid by creating a draft response without submitting directly in the system. This will enable the system to send notifications in case of amendments of the tender requirements. Should you require further clarifications, kindly communicate using the messaging functionality in the system. Offers must be submitted directly in the system following this link: http://supplier.quantum.partneragencies.org using the profile you may have in the portal. In case you have never registered before, you can register a profile using the registration link shared via the procurement notice and following the instructions in guides available in UNDP website: https://www.undp.org/procurement/business/resources-for-bidders. Do not create a new profile if you already have one. Use the forgotten password feature in case you do not remember the password or the username from previous registration.Search for the specific tender using search filters and subscribe to the tender in order to get notifications in case of amendments of the tender document. If you need support with the online system, you can contact the contact details of this tender as indicated in the solicitation document.[UNDP OFFICE BTNPROCUREMENT UNIT]