Sovereigns Climate Initiative
Key facts
- Closing date
- 25 Jul 2023
- Contract starts
- 06 Aug 2023
- Contract ends
- 20 Oct 2023
- Procedure
- Competitive procedure with negotiation (above threshold)
- Buyer type
- Other public body
Description
Please read ToR for full description.
*Please note there is budget in place for this contract, and we are seeking quotes for undertaking the work outlined. Please see the ToR for further detail.*
Overarching purpose: The overall aim of this project is to deliver a report on the most effective lever(s) for financial institutions and investors to influence sovereign countries to deliver on their Paris Agreement Nationally-Determined Contributions (NDCs) and required net zero climate action.
The focus of this initiative is to explore the most effective levers available to finance sector participants, including investors, for influencing sovereign action in support of the net zero transition (including the potential role of sovereign transition plans). The scope of the work is to seek to answer the following three questions: 1. What are currently the most effective tools for financial institutions to understand countries' delivery of net zero goals - and could they be improved, in support of broad-based transparency? 2. If information is missing and/or not reported, what role might sovereign transition plans play to fill the gaps? 3. What levers do finance sector participants, including investors, have to drive sovereign climate progress, including to assess the robustness of a country's climate strategy, and provide incentives for action by sovereigns (or to hold to account)?
⢠Case studies to highlight situations and levers: o UK case study o Developing World/Global South case study
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