Comprehensive Assessment of the National Regulatory Framework- Carbon Market

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Introduction


INTRODUCTION:Evaluation services for a comprehensive assessment of the National Regulatory Framework for establishing Carbon Market and Climate Finance in Cameroon.(National Consultancy Firm)

The Africa Sustainable Finance Hub (ASFH) implements various strategic interventions that seeks solutions to assist governments and partners in addressing financing gaps, and counter challenges threatening achievement of sustainable development. In doing so, ASFH aims to strengthen the SDG financing ecosystems at regional and country levels in order to help unlock public and private capital to accelerate achievement of SDG targets and the AU Agenda 2063 across the African region. Accordingly, the ASFH engages different actors in the financing for sustainable development landscape and promotes an array of financial resources as guided by the Addis Ababa Action Agenda (AAAA), including innovative financing instruments including carbon markets, to increase financing available to support Africa region recover from the pandemic and build back better over the long-term. This position is located in the Carbon Markets and Climate Finance Unit which supports the development of regulatory guidelines, standards and policies relevant to greenhouse gas estimations, mitigation actions and the technical assessments of projects and programme of activities submissions and entity competence. The Unit provides substantive and technical input and advice to the Country Office Network and acts as a liaison between collaborating partners while overseeing the implementation of partnership programmes.

Context of required services

 The required services are designed as one of the workstreams in providing guidance on establishing a national framework for carbon market and climate finance in Cameroon. This framework will increase green technology investments and enable and enhance opportunities for economic development.The objective is to provide a report that will provide a baseline assessment of the landscape, policy and regulatory framework for developing carbon markets and carbon finance in Cameroon. The report will further provide guidelines and recommendations on establishing a national framework for carbon markets in Cameroon.






THE SCOPE OF WORK/SERVICES

In conjunction with the ASFH carbon markets team, the consultancy firm is expected to:

a.     Review Legal Frameworks: Assess current environmental laws and policies for gaps and alignment with Article 6.

b.     Assess Institutional Structures: Evaluate the roles and capacities of existing institutions involved in carbon market governance.

c.     Evaluate Regulatory frameworks: Review and assess current regulatory frameworks for alignment with international standards.

d.     Stakeholder Consultations: Engage with stakeholders to gather insights and feedback on governance needs.

e.     Benchmark Best Practices: Analyze best practices from other countries for carbon market governance under Article 6.

f.      Review Policy, Institutional, legal and regulatory frameworks with carbon markets in Cameroon.



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[UNDP OFFICE SOUTH AFRICA
PROCUREMENT UNIT]

Documents :

Negotiation Document(s) (Before Accessing other negotiations Document(s), please click on this link)