Expression of Interest for Econsult Eca Climate Business Diagnostic Action Plan

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39835324
1274356
The World Bank Group
Expression of Interest for Econsult Eca Climate Business Diagnostic Action Plan
ICB
Micronesia
10-05-2021

Work Detail

Econsult Eca Climate Business Diagnostic Action PlanInternational Finance Corporation Ifc The Private Sector Financing Arm Of The World Bank Group Wbg Is Committed To Combating Climate Change In The Europe And Central Asia Eca Region To Further This Commitment And Identify New Ways Of Engaging The Private Sector On The Climate Agenda Ifc Is Developing A Regional Strategy For Climate Business Through 2025 Aligned With The Forthcoming Overall World Bank Group Climate Change Action Plan 2021 2025 And The World Bank Eca Regional Climate Change Action Plan 2021 2025 As Part Of Ifcs Corporate Commitments To Combat Climate Change The Percentage Of Climate Related Investments In Ifcs Own Account Lending Portfolio Will Grow To Reach 35 Percent Per Annum By 2025 And Align With The Ambitions Of The Paris Agreement In Eca This Will Mean More Than Doubling The Climate Business Portfolio This Strategy Will Help Meet These Commitments And Ambitions It Will Do So By Identifying The Right Instruments And Tools To Scale Up Investment In Viable And Frontier Climate Business And Providing A Coherent Action Plan For Climate Investment Going Forward Ifc Is Seeking A Consultancy Firm To Develop An Action Plan Crafting The Results Into A Coherent Strategic Framework For Ifc Investment And Engagement Specifically The Firm Will Be Expected To Identify Climate Business Opportunities In Established And Emerging Sectorsat Both The Country And Regional Level Similar To The Approach Taken In The Ifc Green Reboot Market Report Conduct A Workshop With Regional Investment And Climate Business Experts To Validate Initial Findings Capture Qualitative Insights On Market Opportunities And Zoom In On Scalable Solutions Identify Key Drivers Of And Critical Policy Barriers To The Development Of Climate Business In Eca At The Country And Regional Level Provide Recommendations On Feasible Near Term Actions That The Ifc The Private Sector And Or Governments Could Take To Support Creating Markets For Climate Business Formulate An Action Plan To Scale Up Or Adapt Existing Ifc Instruments To Generate More Climate Business In Eca Within The Next 3 5 Years

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