Description

Overview

The United Nations Development Programme (UNDP) in Namibia is seeking an international consultant to develop a Sustainable Finance Taxonomy aligned with national policy frameworks and sustainable finance strategies. The assignment supports the structuring of clear definitions and classification systems for sustainable economic activities to guide investment, regulation, and financial sector transformation.

The consultancy is embedded within Namibia’s broader efforts to strengthen sustainable finance architecture and align financial flows with national development and climate objectives.

Key Details

• Commissioning agency: UNDP Namibia
• Procurement type: Request for Proposal (RFP)
• Reference number: UNDP-NAM-00170
• Deadline: 03 July 2026, 09:10 AM (New York time)
• Scope: national taxonomy development for sustainable finance
• Output: taxonomy framework, roadmap, and implementation strategy
• Geographic focus: Namibia

Purpose and Strategic Focus

The assignment aims to establish a structured sustainable finance taxonomy to improve alignment between financial systems and national development priorities. It is designed to support policy coherence across climate, development, and financial sector reforms, and to enhance regulatory clarity for green and sustainable investments.

The work also supports Namibia’s financial sector transformation agenda and climate-related policy commitments by providing an operational classification tool for sustainable economic activities.

Scope / Priority Areas

The consultancy covers the design and operationalization of a national sustainable finance taxonomy, including:

Analytical alignment with national frameworks such as:

• Namibia Financial Sector Transformation Strategy (NFSTS) 2025–2035
• National Development Plan 6 (NDP6)
• Nationally Determined Contributions (NDCs)
• National Climate Change Policy
• National Sustainable Finance Strategy

Technical components:

• Definition of taxonomy objectives, scope, principles, and classification structure
• Design of sectoral and activity-based classification systems
• Development of implementation roadmap and governance arrangements

Stakeholder and institutional engagement:

• Consultations with regulators, ministries, financial institutions, DFIs, and private sector actors
• Validation workshop with technical committee and governance bodies
• Capacity-building programme for policymakers and financial sector institutions

Participation / Eligibility

The assignment is open to international consultants with demonstrated expertise in sustainable finance, financial regulation, or taxonomy development. Applicants should have experience working with governments, financial regulators, or development institutions, particularly in emerging or developing country contexts.

Relevant institutional stakeholders include:

• Bank of Namibia
• NAMFISA (Non-Bank Financial Institutions Authority)
• Ministry of Finance
• Ministry of Environment, Forestry and Tourism
• Banking and non-banking financial institutions and development partners

Outputs and Activities

The consultant is expected to deliver a structured set of technical and policy outputs, including:

• A national sustainable finance taxonomy framework
• Stakeholder consultation reports and validation outputs
• An implementation roadmap detailing governance and phased rollout
• Capacity-building materials and training programme for regulators and institutions

The assignment includes analytical design work, stakeholder engagement, validation processes, and institutional capacity development.

Timeline

• Publication date: 22 June 2026
• Submission deadline: 03 July 2026 (New York time)
• Implementation schedule: not specified in the notice

Selection / Evaluation

Selection will be conducted through UNDP procurement procedures under the Request for Proposal (RFP) modality. Evaluation criteria are not detailed in the notice but typically include technical capacity, relevant experience, and financial proposal competitiveness.

Strategic Relevance

The consultancy is strategically significant for advancing sustainable finance systems in Namibia by establishing a standardized taxonomy for classifying green and sustainable economic activities. It supports regulatory clarity, improves investment alignment with national development priorities, and strengthens the enabling environment for climate-aligned financial flows and institutional coordination.