Consultant - Climate-Responsive Macroeconomic, Fiscal and Debt Sustainability Assessment for Fiji

Organizational Context

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), specifically the Macroeconomic Policy and Analysis Section, is implementing a project to catalyze finance and investments for climate action while ensuring debt sustainability in developing Asia-Pacific countries. This consultancy role is situated within this project, contributing to analytical work on climate-related risks and their impact on macroeconomic and fiscal stability.

Job Purpose

This consultancy aims to produce a high-quality analytical study for Fiji, applying a climate-risk lens to its public finances and debt sustainability. The study will examine how climate-related risks and policy responses affect macroeconomic performance, fiscal outcomes, financing needs, and debt sustainability. It will involve baseline diagnostics, risk screening, and scenario analysis to propose climate risk-informed policy options and financing strategies. The findings will be disseminated through a national capacity-building workshop to support the integration of climate risks into fiscal and economic planning, ultimately enhancing Fiji's macroeconomic resilience.

Responsibilities

The consultant will review Fiji’s macroeconomic, fiscal, and public debt landscape, assessing key climate-related physical and transition risks. A core responsibility is developing and applying an analytical framework that links climate risks and policy responses to macroeconomic outcomes, fiscal performance, financing needs, and debt sustainability. This includes designing and analyzing policy-relevant climate scenarios, drawing on frameworks like NGFS, adapted to Fiji's context. The consultant will assess climate-related fiscal risks, financing requirements, and debt implications under various scenarios. Furthermore, they will identify policy options for fiscal resilience, debt management, sustainable financing, and climate-responsive investments. Finally, the consultant will prepare the analytical study, associated technical materials, and support policy dialogue and capacity-building activities, including presentations and participation in a national workshop.

Work Experience

A minimum of ten years of progressively responsible experience in macroeconomic policy analysis, fiscal policy, public finance, debt sustainability analysis, or climate-related economic analysis is required. Specialized knowledge in these areas, including climate risk analysis and climate-integrated debt diagnostics, is essential. Demonstrated experience in quantitative analysis, macro-fiscal assessment, debt sustainability analysis, and climate-related fiscal risk assessment is highly desirable.

Skills

Macroeconomic policy analysis, Fiscal policy, Public finance, Debt sustainability analysis, Climate risk analysis, Climate-integrated debt diagnostics, Quantitative macroeconomic analysis, Macro-fiscal assessment, Scenario analysis, Policy-oriented economic analysis, Written communication, Policy recommendations.

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