Objectives

The primary objective of this tender is to appoint a professional service provider to undertake a comprehensive feasibility study and develop a detailed business case (including a Theory of Change) for establishing the proposed Climate Change Response Fund (CCRF). The study aims to evaluate the viability, legal and institutional frameworks, and strategic design of the fund to enhance climate resilience, mitigation, and adaptation efforts in South Africa over a period of six months.

Scope

The scope encompasses:

• Conducting an independent review of existing recommendations and baseline documentation related to the CCRF.
• Assessing implications under relevant legislation such as the Public Finance Management Act (PFMA), Treasury Regulations, and the Division of Revenue Act (DORA).
• Analyzing options for legal and institutional structures (e.g., public entity, trust, fund of funds, etc.) for the CCRF.
• Developing a comprehensive Business Case Report, including stakeholder input, funding modalities, operational modalities, and institutional arrangements.
• Formulating a Theory of Change to guide the envisaged impacts, including medium to long-term outcomes.
• Addressing strategic objectives such as building resilience, supporting ecosystem-based adaptation, climate-smart agriculture, infrastructure development, and disaster risk management.
• Delivering all outputs within a six-month timeframe, including stakeholder engagement workshops and draft and final reports.

Technical Requirements

The technical requirements include:

• Review and synthesis of key documents: Stakeholder Perspectives Report and Climate Change Response Fund Recommendations Report.
• Assessment of legal, regulatory, and intergovernmental coordination needs for establishing the CCRF.
• Development of a detailed feasibility analysis covering options for legal structures and operational modalities.
• Preparation of a Business Case with clear funding mechanisms, governance, and accountability systems.
• Formulation of a Theory of Change reflecting objectives, impacts, and measurement parameters.
• Stakeholder engagement, including workshops and consultations, to inform the business case.
• Provision of draft and final reports, including all supporting documentation, within the stipulated six-month period.

Skills Requirements

The successful bidder must demonstrate expertise and experience in:

• Environmental management, climate finance, and sustainable development.
• Legal and institutional analysis related to climate funds and public finance mechanisms.
• Development of feasibility studies and business cases for climate-related financial instruments.
• Formulating theories of change and impact measurement frameworks.
• Stakeholder engagement and facilitation, particularly with government, private sector, and development partners.
• Project management and timely delivery within a six-month timeframe.

Key personnel should possess relevant academic qualifications (minimum NQF level 7 or higher), extensive experience in climate finance and policy, and proven track records in similar projects, supported by detailed CVs and references.