Deadline: 08-Nov-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
The World Banks Forest and Landscapes Team within the Climate Funds unit (GCCFM) sits in the Climate Change Cross Cutting Solutions Area (CCSA); it manages carbon funds and facilities, worth over $1.3 billion. There are two main carbon funds/facilities in the land sector that seek to pilot climate result based finance at large scale level: BioCF Initiative of Sustainable Forest Landscapes (ISFL) and the FCPF Carbon Fund.
It is expected that a total of 23 Emission Reduction Programs will be included in the portfolio of both funds.First monitoring is expected to occur from 2019 onwards but before the funds can make payments, reported results need to be verified. However, more is needed to define the terms of the modalities and procedures for verification under both funds. This definition is critical for ensuring the quality and environmental integrity of ERs generated. The WB is seeking a firm to support in the definition of a verification standard.