TA-10211 PRC: The Role of the Digital Economy in Supporting Enterprise Green Development - Enterprise Green Development (Digital Economy) Firm (57119-001)

TA-10211 PRC: The Role of the Digital Economy in Supporting Enterprise Green Development - Enterprise Green Development (Digital Economy) Firm (57119-001)

Date Published: 20-Mar-2024

Deadline of Submitting EOI: 10-Apr-2024 04:00 PM Manila local time

SELECTION PROFILE

Consultant Type: Firm

Selection Method: Simplified Consultants' Qualifications Selection (SCQS)

Selection Title: The Role of the Digital Economy in Supporting Enterprise Green Development

Package Name: Enterprise Green Development (Digital Economy) Firm

Engagement Period: 32MONTH

Consulting Services Budget: USD 260,000

Source: International

Technical Proposal: Single-Stage Proposal (SSP)

Approval Number: 10211

Approval Date: 04-Dec-2023

ADDITIONAL INFORMATION

Country of assignment: China

TERMS OF REFERENCE

Primary Expertise: Digital Economy, Digital Technology Experts

TOR Keywords: digital economy, digital technology, carbon transition

Objective and Purpose of the Assignment

A. Objective and Purpose of the Assignment

Wenzhou is the third largest city in Zhejiang Province, in the Yangtze River Delta, of the People’s Republic of China (PRC). The city is a major manufacturing hub for consumer and industrial (supply chain) goods. However, the manufacturing process is energy- and carbon- intensive. In today’s climate crisis, industries’ green transition is critical to reduce their carbon emission levels and mitigate climate change impact. In this context, the Wenzhou Finance Bureau (WFB) requested a technical assistance (TA) from the Asian Development Bank (ADB) to facilitate the industrial sectors’ green and low carbon transition. The proposed TA will help create the conditions to establish a digital economy and facilitate the local private enterprises’ transformation to greater technical and energy efficiencies. The low carbon footprint will contribute to the PRC’s commitment to achieve carbon peaking before 2030 and carbon neutrality before 2060 under the Paris Agreement. The proposed TA will be financed under a 50–50 cost recovery arrangement with the WFB.B. Scope of WorkThe proposed TA assignment will have three outputs. First, the TA will develop a strategy and roadmap for a comprehensive digital economy in Wenzhou. Second, the TA will develop and share technical knowledge, including best practices and implementation experiences. Third, the TA will enhance institutional and market capacity on the digital economy to support green development in the private sector in Wenzhou.