Procurement Summary
Country: Costa Rica
Summary: Climate Finance Diagnostics
Deadline: 25 Feb 2021
Posting Date: 13 Feb 2021
Other Information
Notice Type: Tender
TOT Ref.No.: 50204220
Document Ref. No.: 1272866
Financier: World Bank (WB)
Purchaser Ownership: -
Tender Value: Refer Document
Purchaser's Detail
Name: Login to see tender_details
Address: Login to see tender_details
Email: Login to see tender_details
Login to see detailsTender Details
Expression of Interest are invited for Climate Finance Diagnostics.
REQUEST FOR EXPRESSION OF INTEREST FOR SELECTION # 1272866
This Request for Expression of Interest is for a Firm Selection. Please log in as a valid Firm User if you wish to express interest in this selection.
Selection Information
Assignment Title
Climate Finance Diagnostics
Publication Date
11-Feb-2021
Expression of Interest Deadline
25-Feb-2021 at 11:59:59 PM (Eastern Time - Washington D.C.)
Language of Notice
English
Selection Notice
Assignment Country
· CR - Costa Rica
Funding Sources
The World Bank Group intends to finance the assignment/services under:
· BB - BANK BUDGET
· TF0B5131 - Transformative Climate Finance II
Individual/Firm
The consultant will be a firm.
Assignment Description
The World Bank is seeking technical support for delivering two related climate finance diagnostics: a country-level climate finance diagnostic for Costa Rica and a sectoral climate finance diagnostic for the water sector. While these diagnostics are two independent projects, they will share thematic synergies and the World Bank is seeking one firm (or consortium of firms) to deliver the work under one contract. The country-level climate finance diagnostic is not limited to one sector only and the sectoral climate finance diagnostic is not country-specific.
For both diagnostics the principles outlined in this World Bank report: https://openknowledge.worldbank.org/handle/10986/33917 will be applied.
Attachments
· Optional TOR File
Qualification Criteria
· 1. Provide information showing that they are qualified in the field of the assignment. *
· 2. Provide information on the technical and managerial capabilities of the firm. *
· 3. Provide information on their core business and years in business. *
· 4. Provide information on the qualifications of key staff. *
Request for Expression of Interest: Climate Finance Diagnostics
The World Bank is seeking technical support for delivering two related climate finance diagnostics: a country-level climate finance diagnostic for Costa Rica and a sectoral climate finance diagnostic for the water sector. While these diagnostics are two independent projects, they will share thematic synergies and the World Bank is seeking one firm (or consortium of firms) to deliver the work under one contract. The country-level climate finance diagnostic is not limited to one sector only and the sectoral climate finance diagnostic is not country-specific.
For both diagnostics the principles outlined in this World Bank report: https://openknowledge.worldbank.org/handle/10986/33917 will be applied.
1) Country-level climate finance diagnostic for Costa Rica
Starting point is Costa Rica-s long term national decarbonization plan: https://unfccc.int/sites/default/files/resource/NationalDecarbonizationPlan.pdf.
From this plan focus areas will be selected for the climate finance diagnostic. The focus areas may include inter alia transportation, financial sector, and international trade. The output will be a report (report 1) on how dedicated international public climate finance can best be programmed to maximize transformative mitigation impact in the focus areas, including a mapping of most relevant providers of such international climate finance. The report will specify which types of climate finance sources and instruments can be most effective in supporting Costa Rica to achieve its long-term decarbonization goals with minimal additional fiscal burdens and in-line with economic development and just transition objectives.
Report 1 will be used to inform World Bank policy lending operations to Costa Rica, guide Costa Rica-s long-term decarbonization strategy, and advise the donor and DFI community on effective climate finance strategies.
2) Sectoral climate finance diagnostic for the water sector
This climate finance sector diagnostic will cover water sector mitigation activities with high and transformative greenhouse gas emission reduction potential in developing countries with a focus on supporting policy actions and mobilization of private sector finance. It is not country specific but might need to take into account major difference between country groups such as low-income tropical countries versus middle-income countries with arid climate or city-states versus countries with large agricultural sectors.
Starting point for this climate finance diagnostic is a mapping of mitigation opportunities in the water sector and an identification of focus areas applying the criteria of scale, transformative impact, potential for policy action and for mobilizing private sector climate finance.
These focus areas will include inter alia water supply (energy efficiency and usage of renewables), irrigation and wastewater management. Water utilities and utility reform will be an important institutional dimension to look at. Policy actions to analyze will include both price-based policies such as tariff reforms and regulatory policies such as energy efficiency standards. The diagnostic will focus on how best to support and engender such actions through various deployment channels for different types of international public climate finance.
Private sector mobilization would require looking more deeply in the economics and financials of the various water sector mitigation policies and actions, identify the most important areas for private sector investments and discuss how public climate finance could best catalyze private sector activities. This could include early stage market introduction of new clean technologies, de-risking through various types of guarantees, regulatory changes or deployment of specialized investment vehicles with public first loss underwriting among other options.
The output of this water sector climate finance diagnostic would be a report (report 2) outlining how international climate finance can best be programmed to maximize transformative mitigation impact in the focus areas including a mapping of most relevant providers of such international climate finance
Report 2 will be used to inform World Bank water sector operations, developing country water sector decarbonization strategies, and advise the donor and DFI community on effective climate finance strategies for the water sectors in developing countries.
Required qualifications
• Expertise on climate and development finance and climate economics.
• Experience in change developments of developing countries.
• Expertise on the international climate policy process.
• Excellent understanding of the different financial instruments such as loans, guarantees, equity finance, mezzanine finance, blended finance, green bonds, on?lending, PPP, etc.
• Understanding of and experience with one or more of the following: financial sectors and range of relevant reforms; innovation ecosystems; carbon markets; sectors specific to climate (e.g., energy, agriculture).
• Experience with Costa Rica and climate activities, policies and ambitions.
• Excellent understanding of the water sectors in developing countries.
• Good understanding of the full range of sectoral mitigation options and policies.
• Familiarity with the complexity and politics of a broad international consultation processes.
• Readiness to engage in an intensive collaboration with the World Bank task team.
• Experience creating reports of this nature for specialized and more general audiences.
Modalities of work
The assignment requires participation in consultations with Costa Rican government and private counterparts as well as related information and data gathering besides desk research and writing. It also requires participation in consultations with World Bank water sector exports. The consultant will work in close collaboration with the World Bank task team and specific experts within the World Bank.
Target budget: $300k
Work will start at close of the procurement process and continue until January 31, 2022. Deadline for delivering the final version of report 1 is January 31, 2022. Deadline for delivering the final version of report 2 is October 31, 2021.
Documents
Tender Notice