Procurement Summary
Country : China
Summary : Technical Consultants for ISSB Related Portfolio Level Climate Risk Assessment
Deadline : 26 Apr 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 100087729
Document Ref. No. :
Competition : ICB
Financier : Asian Infrastructure Investment Bank (AIIB)
Purchaser Ownership : Public
Tender Value : Refer Document
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Login to see detailsTender Details
Expression of Interest are invited for Technical Consultants for ISSB Related Portfolio Level Climate Risk Assessment
Consulting Firm.
B. Scope of work
The consulting firm is expected to carry out the following two core tasks:
1. Risk and impact assessment
The consulting firm will perform an assessment of climate-related risks and opportunities for the Bank underpinned by a scenario analysis; and impact assessment of those risks and opportunities on the Bank-s business model and strategic planning, cash flows, its access to finance and cost of capital over the short, medium, and long term.
Specific considerations for the assessment would include:
a. Nature, likelihood and magnitude of those risks and opportunities;
b. How climate risks are linked with other risks;
c. The materiality of those risks based on an agreed threshold;
d. Opportunities associated with climate policies and action for the Bank given its current strategies and business lines;
e. Implications of climate risks and opportunities for the Bank-s financial performance; and
f. Input parameters used to identify risks (for example, data sources, the scope of operations covered, and the details used in assumptions;
g. Limitations of the assessment performed, particularly with relation to information/ data, and pathways to address any information/data challenges and to improve the assessment.
Assumptions used in the scenario analysis should consider but not limited to:
a. Climate-related policies in the jurisdictions in which the Bank operates;
b. Macroeconomic trends;
c. National or regional-level variables (for example, local weather patterns, demographics, land use, infrastructure and availability of natural resources);
d. Energy usage and mix;
e. Developments in technology; and
f. Trade-offs between using proxy data and using project/entity specific data
For more information on the specific considerations that should be taken into account for such analysis, see TCFD “Technical Supplement: The Use of Scenario Analysis in Disclosure of Climate-related Risks and Opportunities.”
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Tender Notice