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0002016521
Implementation of the PMI's Readiness Support Plan for Bangladesh

Carbon pricing policies can be a low-cost, effective, way for countries to incentivize the decarbonization of their economy. If designed carefully, they can create conditions to support low carbon investment from both national and international sources.  

The government of Bangladesh (GoB) has engaged with the World Bank’s Partnership for Market Implementation (PMI) program to explore the potential use of domestic carbon pricing instruments and carry out carbon market readiness activities.  

 

The "Readiness Support Plan (RSP) for Bangladesh" under the 'Partnership for Market Implementation - Bangladesh Implementation Phase' (the PMI-Bangladesh) was developed collaboratively by the Government of Bangladesh counterparts (Ministry of Environment, Forest and Climate Change (MOEFCC) and Department of Environment (DOE)) and the project team from the Bank. The Readiness Support Plan (RSP) was submitted to the PMI Secretariat. Based on the assessment of the final RSP submitted along with the supporting documentation, the RSP has been approved.


The PMI-Bangladesh program aims at providing timely support to the GoB counterparts in their endeavors to establish enabling conditions for swift access to the next generation of international carbon markets. The PMI-Bangladesh RSP has three Workstreams: Workstream A - International Carbon Markets; Workstream B - Monitoring, reporting and verification (MRV) and registry system; and Workstream C - National carbon pricing policy.


This consultancy services is related to Workstream A and B.


Workstream A: International Carbon Markets 


Workstream A concerns establishing the arrangements necessary for Bangladesh to participate in international carbon markets. This includes mechanisms under Article 6 of the Paris Climate Change Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). To engage with international carbon markets and realize these benefits it is necessary for Bangladesh to establish governance arrangements, host country strategy and systems to manage the mitigation activities. 


Workstream B: Monitoring, reporting and verification (MRV) and registry systems 


Workstream B concerns the establishment of a Monitoring Reporting and Verification (MRV) and registry system. The MRV system allows for reporting of emissions or emission reductions from activities and underpins the integrity of any carbon market-based system. The registry allows for the tracking of tradable certificates representing emission reductions. The primary objective will be to establish the systems needed to enable participation in international carbon markets, in particular those falling under the Article 6, as Bangladesh’ national strategies indicate a strong political commitment to participate in these activities. 

  • 90 - CONTRACT CONSULTANTS
  • BD - Bangladesh
  • Sustainable Development: Environment & Natural Resources
  • Climate
  • 90.44 - OPERATIONAL - PROFESSIONAL SERVICES

SELECTION OF CONSULTING FIRMS BY THE WORLD BANK GROUP

REQUEST FOR EXPRESSION OF INTEREST (EOI)

Electronic Submissions through WBGeProcure RFx Now

ASSIGNMENT OVERVIEW

Assignment Title: Implementation of the PMI's Readiness Support Plan for Bangladesh

Assignment Countries:

  • Bangladesh

ASSIGNMENT DESCRIPTION

Carbon pricing policies can be a low-cost, effective, way for countries to incentivize the decarbonization of their economy. If designed carefully, they can create conditions to support low carbon investment from both national and international sources.

The government of Bangladesh (GoB) has engaged with the World Bank’s Partnership for Market Implementation (PMI) program to explore the potential use of domestic carbon pricing instruments and carry out carbon market readiness activities.


The "Readiness Support Plan (RSP) for Bangladesh" under the 'Partnership for Market Implementation - Bangladesh Implementation Phase' (the PMI-Bangladesh) was developed collaboratively by the Government of Bangladesh counterparts (Ministry of Environment, Forest and Climate Change (MOEFCC) and Department of Environment (DOE)) and the project team from the Bank. The Readiness Support Plan (RSP) was submitted to the PMI Secretariat. Based on the assessment of the final RSP submitted along with the supporting documentation, the RSP has been approved.


The PMI-Bangladesh program aims at providing timely support to the GoB counterparts in their endeavors to establish enabling conditions for swift access to the next generation of international carbon markets. The PMI-Bangladesh RSP has three Workstreams: Workstream A - International Carbon Markets; Workstream B - Monitoring, reporting and verification (MRV) and registry system; and Workstream C - National carbon pricing policy.


This consultancy services is related to Workstream A and B.


Workstream A: International Carbon Markets


Workstream A concerns establishing the arrangements necessary for Bangladesh to participate in international carbon markets. This includes mechanisms under Article 6 of the Paris Climate Change Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). To engage with international carbon markets and realize these benefits it is necessary for Bangladesh to establish governance arrangements, host country strategy and systems to manage the mitigation activities.


Workstream B: Monitoring, reporting and verification (MRV) and registry systems


Workstream B concerns the establishment of a Monitoring Reporting and Verification (MRV) and registry system. The MRV system allows for reporting of emissions or emission reductions from activities and underpins the integrity of any carbon market-based system. The registry allows for the tracking of tradable certificates representing emission reductions. The primary objective will be to establish the systems needed to enable participation in international carbon markets, in particular those falling under the Article 6, as Bangladesh’ national strategies indicate a strong political commitment to participate in these activities.

FUNDING SOURCE

The World Bank Group intends to finance the assignment / services described below under the following:

  • PMIF

SUBMISSION REQUIREMENTS

The World Bank Group invites eligible firms to indicate their interest in providing the services. Interested firms must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc. for firms; CV and cover letter for individuals). Please note that the total size of all attachments should be less than 5MB. Firms may associate to enhance their qualifications unless otherwise stated in the solicitation documents. Where a group of firms associate to submit an EOI, they must indicate which is the lead firm. If shortlisted, the firm identified in the EOI as the lead firm will be invited to the request for proposal (RFP) phase.

Expressions of Interest should be submitted, in English, electronically through WBGeProcure RFx Now

NOTES

Following this invitation for EOI, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.

Only those firms which have been shortlisted will be invited to participate in the RFP phase. No notification or debrief will be provided to firms which have not been shortlisted.

If you encounter technical difficulties while uploading documents, please send an e-mail to the Help Desk at corporateprocurement@worldbank.org prior to the submission deadline.