Technical Assistance to the Implementation of the SWITCH to Circular Economy Value Chains Project

Description

The objective of this contract is to support the European Investment Bank in the delivery of the 'SWITCH to Circular Economy Value Chains' project which aims at supporting enterprises within selected value chains to adopt circular economy practices. The overall objective of the project is to support the transformation towards a circular economy, including to contribute to sustainable growth, low carbon and climate resilient development, decent jobs creation, and safer, healthier, and pollution-free environments. Building on this, the service provider will support the development of the technical capacity of local commercial banks and consultancies to apply financial products aimed at supporting investment in the circular economy in each target country. Local financial institutions will both receive technical assistance (e.g. to develop green financial products, to assess relevant projects, to adopt environmental and social safeguards), and act as intermediaries to finance eligible projects.