BAKU, Azerbaijan, April 8. The World Bank (WB) has announced an international tender to find a consultant in the "COP29" category for a one-year period of work with the possibility of extension and is accepting applications from candidates until April 18, 2024, Trend reported on Monday, citing the WB message.
To note, COP29 will be held November 11–24 in Baku, Azerbaijan.
The WB listed the scope of work to be carried out by the winner of the tender:
- Assisting in formulating and executing strategic plans and policy recommendations to fortify sustainable finance systems and facilitate digital transformation within the financial sector.
- Compiling comprehensive plans and reports outlining the organization and execution of COP29-related activities, highlighting the financial sector's involvement and contributions to climate deliberations. This includes generating and refining reports on engagements with national regulators and policy stakeholders, detailing advocacy endeavors and outcomes.
- Supporting the creation and rollout of green finance products and services across financial institutions and investors, thereby advancing broader objectives to enhance sustainable finance practices.
- Documenting and reporting on advisory services rendered, including the outcomes of capacity-building initiatives focused on green transformation and digital preparedness.
- Reporting on specific industry interactions and technical assistance provided to promote sustainable business practices and green investments.
- Recording the establishment and progress of partnerships among financial institutions, governmental bodies, NGOs, and the private sector, with an emphasis on collaborative endeavors to promote sustainable finance.
- Delivering routine progress updates on operational assistance provided to the Azerbaijan Country Team and other regional units, delineating the achievement of project objectives, and ongoing activities.
- Documenting the development and outcomes of public-private partnerships (PPPs) addressing climate change, encompassing case studies and insights gleaned.
- Compiling detailed reports on meetings, workshops, and forums related to COP29, capturing pivotal discussions, strategies for stakeholder engagement, and collaborative initiatives.
- Producing capacity-building reports on initiatives aimed at enhancing stakeholder engagement in climate finance and sustainable development projects.
This November, Azerbaijan will host COP29. This decision was made at the COP28 plenary meeting held in Dubai on December 11 last year. Baku will become the center of the world and will receive about 70-80,000 foreign guests.
The United Nations Framework Convention on Climate Change is an agreement signed at the Earth Summit in Rio de Janeiro in June 1992 to prevent dangerous human interference with the climate system. COP- the Conference of the Parties - is the highest legislative body overseeing the implementation of the Framework Convention on Climate Change. There are 198 countries that are parties to the Convention. Unless the parties agree otherwise, the COP is held annually. The first COP event took place in March 1995 in Berlin, and its secretariat is located in Bonn.