- Country: USA
- Summary: Review and Benchmarking of Ifc's Climate Physical Risk Assessment Tools
- UST Ref No: 111939064
- Deadline: 02 Jan 2025
- Financier: World Bank (WB)
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: 0002012932
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- Description:
- Over the past eight years, IFC-s Climate Business Department (CBD) has developed proprietary tools to assess physical climate risks in its investments, addressing a market gap where suitable alternatives were previously unavailable. The IFC Climate Risk Platform integrates these proprietary tools and modules with climate data and externally developed tools, offering a comprehensive approach to climate risk management. The Platform-s primary objectives include facilitating the identification of physical climate risks - particularly in the context of Paris Alignment - and identifying related opportunities that are material to IFC-s operations at the project level. It supports risk assessment, quantification, and mitigation planning while ensuring integration into IFC-s business cycle. The primary users of the Platform include IFC-s climate specialists, industry specialists, and environmental and social specialists, who use it to assess climate risk at the project level during IFC-s project life cycle. In addition, a broader range of IFC and World Bank Group (WBG) staff use the Platform for climate risk assessment at the portfolio and country levels. There are multiple other climate-related initiatives undertaken or in development at the WBG and IFC levels, some of which are described below. With the evolution of the market and the emergence of various new climate risk tools, IFC seeks to review and benchmark its existing climate physical risk assessment tools with those available in the market. This review will provide a detailed assessment of IFC-s existing tools, benchmarked against market alternatives, and include an objective evaluation of the strengths and weaknesses of IFC-s tools. IFC seeks to understand whether continued internal development of its tools is the optimal strategy or if external alternatives offer greater value. The analysis will also account for IFC-s operational needs, the evolving climate risk landscape, the use of the tools for project, portf...
- Documents:
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CLICK HERE TO LOGINReview and Benchmarking of Ifc's Climate Physical Risk Assessment Tools - USA Tender
The WORLD BANK(WB), a Government sector organization in USA, has announced a new tender for Review and Benchmarking of Ifc's Climate Physical Risk Assessment Tools. This tender is published on USARFP under UST Ref No: 111939064 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-01-02.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
