Promoting Innovations in Regional Cooperation and Integration in the Aftermath of COVID-19 - Regional Financing Facility Green Ports Maritime Decarbonization

Ta No: TA-6628 REG:

Project ID: 54127-001

Contract  name: Promoting Innovations in Regional Cooperation and Integration in the Aftermath of COVID-19 - Regional Financing Facility Green Ports Maritime Decarbonization

Description: The purpose of this study is to make a business plan for establishing a Financing Facility which will support the identification and development of green infrastructure investment projects in ports across Asia and the Pacific to (i) reduce carbon emissions and air and water pollution; (ii) improve solid waste management; and (iii) enhance the resilience of the ports and emergency response preparedness for risks caused by major pandemics such as the coronavirus disease (COVID- 19), climate change, and other disasters. The Financing Facility will support these investments within the framework of

Specifically, the consultant will:

a. Review the existing policies and development plans of the participating developing member countries (DMCs) related to greening of ports and decarbonization of maritime transport, identify the constraints and gaps, and recommend measures (including reforms needed) that the participating DMCs can take collectively to address the identified bottlenecks;
b. Review existing and planned financing initiatives that overlap with the proposed Facility, e.g., ADB’s Blue SEA Finance Hub, ADB’s Blue Pacific Finance Hub, ADB’s Blue Bonds Initiative, the Pacific Blue Shipping Partnership, Lloyd’s Register Silk Alliance, etc. and propose mechanisms for how the proposed Facility can align and synergize with these.
c. Clearly describe how the establishment of the Financing Facility could be instrumental in enhancing greening of ports, reducing air, water and noise pollution, decarbonizing maritime transport, and improving resilience to climate change, health and other disaster risks;
d. Include an estimation of the demand for greening investments across Asia-Pacific that the proposed Financing Facility could support through its proposed offering of technical services;
e. Prepare recommendations for the legal, management, governance, and resource requirements for the proposed Financing Facility;
f. Identify potential public, multilateral, and private entities willing to participate in financing the proposed Facility;
g. Use the above to prepare a Business Plan and Operationalization Plan for the proposed Facility;
h. Assist ADB with in-country consultations with the participating DMCs aiming to firm up their support and participation in the proposed Facility; andi. Assist ADB in organizing knowledge sharing and capacity building in green and resilient ports development and maritime decarbonization for the participating DMCs.
j. Organize one regional workshop to disseminate the results of the study
4. In preparing the study, the consultant will take into account important lessons learned from similar international and regional initiatives such as the Clean Cargo Initiative, the Eco-Ports Network, the Pacific Ports Clean Air Collaborative, and the World Ports Climate Initiative Program (International Association of Ports and Harbors).
5. The consultant will be an internationally reputable firm with preferably at least 5 years of relevant experience in the subject areas of expertise. Relevant experience in working with ADB and/or other multilateral institutions and export credit agencies, as well as in working in ADB DMCs adjacent to the Indian Ocean is considered an advantage, as is relevant experience in working on similar assignments. At least, the following key experts are required for this assignment (roles may be split or combined): (i) an infrastructure investment fund management specialist as the team leader; (ii) maritime connectivity, port development, and regional cooperation specialist; (iii) environmental specialist; and (iv) public-private partnership (PPP) specialist. The team leader must have a demonstrated track record in setting up and/or operating funds for infrastructure development. Knowledge of the port sector will be an advantage. The port and maritime connectivity specialist will have at least 5 years’ experience working on port development. The environmental specialist will have at least 5 years’ experience working on greening of infrastructure especially ports. The PPP specialist must have at least 5 years’ experience in PPP operations in transport/port sector. All experts should have university degrees (preferably post-graduate degrees) in the fields relevant to the study. On a collective basis, the team of experts set up by the consulting firm shall have in-depth knowledge and understanding, and a proven track record of strong professional expertise and extensive hands-on knowledge of developing and operating funds for supporting green development of ports.

Engagement Period: 12 months