GLOBAL GREEN GROWTH INSTITUTE (GGGI) has floated a tender for Implementation Costs and Designing Financial Flow. The project location is Senegal and the tender is closing on 01 Aug 2022. The tender notice number is 100006773, while the TOT Ref Number is 68726637. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Senegal

Summary : Implementation Costs and Designing Financial Flow

Deadline : 01 Aug 2022

Other Information

Notice Type : Tender

TOT Ref.No.: 68726637

Document Ref. No. : 100006773

Financier : Other Funding Agencies

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Request for proposals are invited for Estimating Implementation Costs and Designing Financial Flow for a Policy Approach in Indonesia, Morocco and Senegal.

The Paris Agreement provides a comprehensive framework for signatory Parties to reach an ambitious commitment to limit the increase in global average temperature to well below 2°C, and to pursue efforts to limit the increase to 1.5°C in a cooperative manner. This framework covers a number of instruments including cooperative approaches under the Article 6 which allows for the potential development of international carbon transactions.

The Carbon Pricing Unit (CPU) of GGGI is implementing several programs related to scaling up international carbon trading, covered by the Paris Agreement Rulebook finalized in Glasgow at COP26. By opening up these markets and the resultant flow of transactions it is envisaged a robust and reliable global price for carbon can be established as a way to motivate the transformational change needed to achieve the ambitious goals of Paris. GGGI-s Article 6 programs provide technical assistance and capacity building to government counterparts to improve their readiness for Article 6 engagement. These programs support the design of projects and policies for pilot transactions and strengthening of institutional frameworks required for their implementation. By 2022, GGGI's CPU will have secured USD 30M of funding to deliver its Article 6 programs, with operations in 11 countries, making it a leader in Article 6 piloting.

The GGGI “Designing Article 6 Policy Approaches” (DAPA) project aims to pilot the design of policy approaches under Article 6, with a significant potential to widen national ambition beyond the usual project level, generating environmentally robust mitigation actions qualifiable for international bilateral and multilateral transactions as ITMOs.

This project supports host countries to engage in international carbon transactions through the design of policy approaches for specific sectors with high contribution to the countries- GHG emissions.

During an initial scoping phase four countries namely Indonesia, Morocco, Senegal, and Viet Nam were selected due to their strong mitigation commitment, their willingness to pilot policy approaches under Article 6 of the Paris Agreement, and their institutional readiness.

Starting from a technical design within clear policy boundaries provided by GGGI, this consultancy will support the estimation of implementation costs for implementing installations, for the power utility company and for the Government of Indonesia to uncover the full cost of policy approach implementation. Building over this, the consultant will provide a recommendation on a price per ton of carbon reduced. Finally, using the mitigation potential estimated by GGGI and the recommended carbon price, the consultant will estimate the potential income for the country and propose a distribution flow, allocating a share of carbon finance revenues to the main stakeholders in the process.

For further details about the Terms of Reference and tender documents, please follow instructions as under:
Interested parties will be required to register their details on the GGGI e-Green Procurement Portal (https://in-tendhost.co.uk/gggi).

HOW TO OBTAIN THE DOCUMENTS:
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Documents

 Tender Notice


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