Third-Party Monitoring for Benefit Sharing & Safeguards Implementation Laos Emission... Tender

Procurement Summary

Country : Lao PDR

Summary : Third-Party Monitoring for Benefit Sharing & Safeguards Implementation Laos Emission Reductions Prog

Deadline : 26 May 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 119154810

Document Ref. No. : 0002016029

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

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Tender Details

LaoPDR-s Emission Reduction Payment Agreement - results based program: An Emission Reductions Program Document (ERPD) was prepared by theGovernment of Lao PDR (GOL) and approved by the FCPF Carbon Fund in 2018. On December30, 2020, Lao PDR, represented by the Ministry of Finance (MOF) and Ministry ofAgriculture and Forestry (MAF) signed an Emission Reductions Payment Agreement(ERPA) with the World Bank (WB) as trustee the FCPF Carbon Fund. The ERPAincluded a contract volume of 8.4 million emission reductions (ERs) equivalentto US$42 million and a Call Option for up to 2.6 million additional ERs. Underthe ERPA, payment for results, i.e., ERs is made upon completion of a third-partyvalidation and verification process of an Emission Reductions Monitoring Report(ERMR) submitted for each reporting period agreed in the ERPA. The Lao PDR ERPAhas two reporting periods: Jan 2019 to Dec 2021 and Jan 2022 to Dec 2024. Benefit Sharing: Benefit Sharing is an essential aspect of FCPF ERprograms and an integral part of the ERPAs. Benefit Sharing Plans (BSPs)describe the principles, processes, beneficiaries and arrangements for benefitsharing of the ER payments, the requirements for which are outlined in the FCPFMethodological Framework and the FCPF Guidance Note on Benefit Sharing. Benefitsharing shall be undertaken in accordance with Safeguard Plans and the WBOperational Policies as described in the ERPAs. Payments will only be made forverified and transferred emission reductions achieved under the ERPs, inaccordance with the ERPAs, including, among others, compliance with the BSPs.The GFLL program has a BSP that was prepared by the GOL in consultation withrelevant government and non-government stakeholdersas well as target communities . The BSP describes the carbon benefits (monetaryand non-monetary) that are directly linked to ERs, and how they will be channeledto beneficiaries. The program-sbenefit-sharing arrangements engage local communities and stakeholders through thecommu...

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