India, Oct. 25 -- WORLD BANK (WB) has issued a tender notice titled "Operationalizing Results Based Financing to Support Sustainability Interventions in the Agricultural" with the tender reference no.: 0002019071.
The tender details are as follows: Develop an implementation plan for key building blocks for operatingresults-based financing instruments for the agricultural sector in India, withfocus on dairy and rice sub-sectors. This will involve the following key tasks:Task1: Consultation with NABARD and commercial banks to identify keyconstraints and implementation steps needed to operationalize results-basedfinancing instruments for agricultural sector: Consultations will identify stepsneeded for banks to generate carbon credits from identified sustainabilityinvestments both for international carbon markets as well as for theproposed Indian domestic carbon market under development. Task2: Define scope, categorization ofactivities and priorities for engagment in rice and dairy sector: Prioritize activities to be targetedbased on the prevalence of the respective activities in India with marketreadiness, its potential in increasing farmer-s income/productivity, adaptationand resilience benefits, emission reductions in the dairy and rice sector andestimated generation of carbon credits for types of projects based on existingproject data.Task3: Develop technical screening criteria and outcome metrics for results-basedlending: Developtechnical screening criteria and indicators for use by NABARD and commercialbanks for financing respective activity types in dairy and rice to be tagged asa green investment.Task 4: Develop MRVframework, processes and requirements and implementation plan that can beadopted by commercial banks. Compile technical guidance on MRVsystems for rice and dairy sector investments based on international bestpractices. Recommend design parameters and implementation steps, inconsultation with NABARD and commercial banks, of MRV system that allows NABARDand commercial banks to estimate, monitor and verify the impacts of emissionreductions as well as other sustainable development benefits of each activitytypes and develop MRV implementation plan (timing, cost, requirements, etc.) atthe project leve...
The expression of interest should be received by Nov. 6.
For more information, contact WORLD BANK (WB), Address: 70 Lodi Estate. New Delhi, Delhi / India. 110003
City: New Delhi
District: New Delhi
State: Delhi (NCT)
Pin: 110003
Tel/Fax: 1-202-473-1000, jpiercy@worldbank.org.
Disclaimer: Curated by HT Syndication.
