The preliminary objective of this Green Economy Framework would be to constitute a strategic and action framework, in order to promote the establishment of a coherent and ambitious trajectory of structural change in the Cambodian economy, in the direction of a low-emission economy, resource-efficient, socially inclusive and geared towards dynamic and sustainable growth. As such, the Green Economy Framework aims to support the adaptation of processes, practices and structures to the challenges posed by climate change/transition, by ensuring that as far as possible, the opportunities and the induced effects of these evolutions in terms of development benefits. In this way, the aim is to promote innovation, create green jobs, increase competitiveness and qualitative inclusion in value chains, and improve quality of life.

It is expected the Green Economy Framework will be supported by adequate economic models and projections, taking into account environmental considerations, as well as climate and transition risks. 

It is also expected that it will be able to rely on a Green Finance Framework, allowing on the basis of funding needs assessment, to clearly identify sources of funding (public and private), that can be mobilised, the measures to be taken and mechanisms to be implemented to facilitate and ensure the effective mobilization of these resources, at the expected level. The process of developing the Green Economy Framework is an ambitious exercise. In particular, it must take into account:  

·         Alignment with existing strategies and development plans, including the Pentagonal Strategy.

·         A resolutely cross-sectoral approach, making it possible to establish a harmonized framework.

·         A government-led exercise, but necessarily involving different stakeholders, both internally in the public sector, and externally, with the private and financial sectors, civil society, research institutions, and international partners.

·         Existing and/or to be carried out global and thematic studies and analyses on the different dimensions that may be covered, including the financial dimension.  

In this regard, it will be necessary to define clearly and in a structured way the methodological approach that underlies this exercise.

The objective of the present consultancy work is to support the Ministry of Economy and Finance, and in particular the NED, in defining the methodological framework for the development of the Green Economy Framework (including Green Finance Framework) and the development of a roadmap.

The consultant’s mission will be structured around two components:

Component 1: Support to the NED in the contextualization of the Green Economy Framework development exercise;

Component 2: Support to the NED in the development of the detailed roadmap for the development of the Green Economy Framework, and the process governance scheme.

the expected work mainly concerns the identification, perspective and critical review of the documents and information available. The contextualisation exercise is not intended to be an exhaustive exercise. Nevertheless, it should provide sufficient information to guide the Green Economy Framework development process.

The consultant will propose a concept note for the Green Economy Framework development exercise, together with a roadmap. 

The Concept Note should address the following:

·         Preliminary Orientation/Structure: tentative objectives, tentative period, general/thematic scope – including the linkages with the Green Finance Framework.

·         Articulation and forward-looking integration with existing strategic frameworks.

·         Relevant stakeholders, with identification of their respective roles.

·         Governance and coordination scheme.

·         Existing information and data, to be completed or produced.

·         Prerequisites to satisfy and main work to be carried out (analysis, consultation, etc.), their sequencing and articulation, the methodology followed.

·         Schedule, key milestones and associated deliverables.

·         Technical assistance and other financial needs.

·         Technical, institutional risks, etc.

 The roadmap will make it possible to transcribe the elements of the concept note, in clearly identified and sequenced stages over time, with a clear identification of the responsible/involved activities and structures.

The field mission of about two week-time will mainly focus on the conduction of various interviews and consultations, and outreach work with the NED. The rest of the work will be conducted at distance.

Expected deliverables (3):    Brief methodological note, Contextualization note, Concept note and roadmap.