TERMS OF REFERENCE (TOR) For ICLEI – Local Governments for Sustainability EU SWITCH Asia Circular Textiles Project - Finance Consultant to develop 2 Feasibility Studies

Summary

This document outlines a project addressing the challenge of textile and apparel Micro, Small & Medium Enterprises (MSMEs) in Huzhou and Shaoxing, China, struggling to transition to circular economy practices due to limited access to finance. The approach involves hiring a finance consultant to develop two detailed feasibility studies for selected MSMEs, aimed at improving their project bankability and connecting them with investors for eco-design, recycling, and clean technology investments. This initiative is currently in progress as part of the larger EU SWITCH Asia project, with the consultancy planned to run from September 2024 to May 2025.

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Source Document

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