Procurement Summary
Country : China
Summary : Consultant (Firm) for Climate Adaptation Finance Market Scoping in China
Deadline : 29 Oct 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 108775005
Document Ref. No. : 0002011947
Competition : ICB
Financier : World Bank (WB)
Purchaser Ownership : Public
Tender Value : Refer Document
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TERMSOF REFERENCE (TOR)Consultant (Firm)For ClimateAdaptation Finance Market Scoping in China A. BACKGROUND AND OBJECTIVES International Finance Corporation(“IFC”) —a member of the World Bank Group — is the largestglobal development institution focused on the private sector in emergingmarkets. We work in more than 100 countries, using our capital, expertise, andinfluence to create markets and opportunities in developing countries. Infiscal year 2023, IFC committed a record $43.7 billion to private companies andfinancial institutions in developing countries, leveraging the power of theprivate sector to end extreme poverty and boost shared prosperity as economiesgrapple with the impacts of global compounding crises. For more information, visit www.ifc.org . IFC-sFinancial Institutions Group (“FIG”) works through financial institutionsto provide much-needed access to finance for millions of individuals and micro, small, and medium enterprises that we would never be able to reach directly.This is an important part of the WBG strategy to end extreme poverty and buildshared prosperity. FIG engages in a wide range of theme including ClimateFinance, Digital Financial Inclusion, Banking to Micro/Small/Women businesses, Insurance, Capital Markets, etc., with both investment and advisory servicesdelivered through IFC-s global network. The AdaptationFinance Project (“the Project”) will help improve capacities of financial sector by providing the toolsand knowledge of international leading practices to manage climate physicalrisk, identify investment opportunities related to adaptation, scale up greenfinance portfolio, and align finance business strategies with the nationalclimate agenda in China. B. OBJECTIVES The Consultant will report to anIFC Task Leader, who will be supported by an IFC Team with specialists acrossgreen finance, biodiversity, ESG, and climate business. To the extent possible, IFC will provide information and assistance to facilitate the completion of theassignme...
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