Mobilising Insurance Capital for Africa’s Green Investments – Regulatory Landscape at FSD Africa

The consultant will be expected to:

• Review and analyse the current regulations, guidelines, and policies in various African countries that govern insurance investments.
• Identify challenges and barriers faced by insurance companies in investing in green assets, such as regulatory constraints, lack of incentives, or unclear guidelines.
• Identify and evaluate opportunities for insurance companies to invest in green assets
• Provide recommendations for regulatory improvements or new policies that could facilitate increased investment in green assets by insurance companies
• Consult with relevant stakeholders, including insurance regulators, industry associations, insurance companies, and sustainability experts, to gather insights and validate findings.
• Prepare a comprehensive report summarizing the findings, analyses, and recommendations
• Present key findings and recommendations to relevant stakeholders, including policymakers and industry representatives.

Deliverables

• The deliverables under this contract are as follows:
• Inception Report: Outline the approach, methodology, and work plan.
• Regulatory Landscape Report:
• Detailed analysis of current regulations and policies
• Assessment of opportunities and challenges for green investments.
• Policy and Regulatory Recommendations Report: policy and regulatory recommendations for enhancing insurance sector investments in green assets.
• Presentation: presentation to stakeholders.

Skills and qualification for proposed team members

• At least a master’s degree or equivalent postgraduate and/or professional qualifications in Sustainable Finance, Policy, Economics, Actuarial Science, or any other related field.