Seychelles Launched Blue Bonds – What are Blue Bonds (FAQs)

What is a Blue Bond?

The blue bond is a debt instrument issued by governments, development banks or others

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to raise capital from impact investors to finance marine and ocean-based projects that have positive environmental, economic and climate benefits. The blue bond is inspired by the green bond concept, which people are more familiar with.

Why did Seychelles decide to issue a Blue Bond?

Like many small island states, Seychelles’ economy is highly dependent on the ocean and on fisheries for food, nutrition and livelihoods; marine habitats, and other blue economy sectors such as tourism. After tourism, the fisheries sector is the country’s most important industry, contributing significantly to annual GDP and employing 17% of the population. Fish products make up around 95% of the total value of domestic exports.

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eC2: Indonesia: Least-Cost Planning and Dispatch Diagnosis in Eastern Islands

Deadline: 14-Nov-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The assignment will focus on a number of islands (targeting a total of 10-12) based on theindex following criteria (a) the size of PLN grid (5-150MW); (b) high average generation cost; and (c) electrification rate below 90%. The selected islands will be communicated to the Consultant before the start of the assignment. They are all located in the Eastern Islands and were divided into three groups, (i) islands with a small installed generation capacity and limited electrification, (ii) islands with an installed generation capacity of 50-150 MW with only diesel generation and very high average generation cost and (iii) islands with an installed generation capacity of 50-150 MW with diesel and coal generation and high average generation cost.

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eC2: Smart Traffic Lights in Sao Paulo

Deadline: 06-Nov-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

São Paulo has approximately 6,500 signaled crossings a system which was first

Traffic in Beijing

established in the 70s. Since then, it underwent through two major attempts of technological renewal, without success. The public perception is of a system prone to failure, especially during rainy season. Last year, more than 35k incidents were reported. 70% of failures are due to wear and tear on equipment. The system is vulnerable to Brazilian inconstant power grid. Finally, most lights operate without central communication.

The WB is selecting a firm to provide technical advice to the City of Sao Paulo on their smart traffic lights program, with resources from the UK Prosperity Fund for Mobility. Considering the current infrastructure and traffic in São Paulo as well as the maturity of available solutions, the TA will compare technologies and develop an economic analysis to propose a strategy of gradual investments in the system to obtain increasing levels of service and sustainability.

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eC2: Understanding urban flood risk in Jujuy, Argentina

Deadline: 31-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank is seeking consultant services to analyze urban flood risk in the city ofpexels-photo-831890.jpeg San Salvador de Jujuy, Argentina, as part of the World Bank’s City Resilience Program. Specifically, the consultancy will focus in the Chijra River. The expected tasks include:
1. Diagnosis of current situation including compiling, preparing, complementing and / or updating existing information.
2. Develop a Digital Terrain Model for the whole basin using the existing information.
3. Analysis of hydrological aspects; mainly the review of the studies available within the basin and close to it, considering the historical values and the climatic tendencies indicated in the recent history.
4. Construction of a 1D hydrodynamic model for the area based on the MDT.
5. Evaluate the possibility of calibration of the models with background information.
6. Prepare the base cartography of the area based on the available information.
7. Define the design events for the exploitation of the hydrodynamic model.
8. Draw the flood lines for the different scenarios.
9. Analyze sediment transport at basin level.
10. Identify erosion / sedimentation zones.
11. Identify existing infrastructures that affect natural runoff.
12. Identify population and infrastructure exposed to risk.
13. Identify mitigation works for both floods and erosion / sedimentation phenomena.

The assignment and all deliverables will be in Spanish.

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WBG Internship: apply before October 31st!

Applications for the Winter World Bank Internship are being accepted from October 1st through October 31st, 2018. Please click here to apply.WB HQ

The World Bank Internship Program offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank Group in international development. The internship allows individuals to bring new perspectives, innovative ideas and latest research experience into the Bank’s work and improve their skills while working in a diverse environment. An internship at the World Bank is an opportunity to learn while gaining practical experience. Interns generally find the experience to be rewarding and interesting. In addition, it is a way to enhance their CVs with practical work experience.

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Annual Meetings 2018: World Bank Group Events Schedule

Each Fall, the Boards of Governors of the World Bank Group and International Monetary AM2018Fund (IMF) hold Annual Meetings to discuss a range of issues related to poverty reduction, international economic development and finance. This year’s events will take place in Nusa Dua, Bali, Indonesia, October 8-14, 2018. Start planning your #WBGMeetings experience. Connect, engage and watch to take full advantage of everything the #WBGMeetings has to offer.

World Bank Live brings these meetings straight to you wherever you are in the world! We will be live-streaming several events in EnglishSpanishFrench and Arabic, so don’t forget to add them to your calendar and join the conversation!

Visit the World Bank Group Events website here.

eC2: Assessment of the Economic Impact of Cruise Tourism in Fiji

Deadline: 18-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

IFC is seeking a firm to conduct an assessment of the economic impact of cruise tourism Malediven in Fiji. The objective of this study is to support the Government of Fiji in estimating the direct and indirect impact of cruise tourism, and to assess the investments required to support growth of the cruising sector. The results of this assessment will be used by government and industry to support further strategic development of cruise tourism and to identify opportunities to increase its positive impacts.

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eC2: Hydromet modernization, Disaster EWS and Climate Services in EAP

Deadline: 18-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank is enhancing is engagement on hydromet modernization, strengtheningwater disaster early warning systems and climate services in the East Asia and Pacific region. In this context, it is seeking the services of a consultant to undertake assessments and provide technical support on hydromet and climate services in several countries. Specifically, the objective of this consultancy is to (i) prepare a roadmap for hydromet modernization in Mongolia based on assessment of user needs and (ii) undertake an assessment and prepare roadmap for improving coastal monitoring and information systems in Myanmar.

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eC2: Investment Funding Mechanisms and Institutional Set-up Options for a National Urban Flood Risk Investment Program for Indonesian Cities

Extended deadline!

Deadline: 23-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank is supporting the Government of Indonesia to address critical urban indonesiaflood risk management and investment needs in Indonesia. This technical assignment will assist with the development of a conceptual framework design for a national urban flood risk reduction investment program, which could comprise risk reduction investments, technical capacity building, knowledge sharing, and innovation generation. The key output will be a conceptual framework and sustainable implementation model for the proposed program that addresses the identified needs through proposed financial and organizational arrangements; makes recommendations for any needed regulatory/institutional/financial arrangements; and propose an overall action plan and timeline to put the program into effect. The team will be expected to provide technical advice on public financial management, municipal finance, disaster risk management, flood risk management, and urban development.

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eC2: Master Agreement: ESMAP Open Data and Analytics

Deadline: 17-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

ESMAP seeks to build on the initial success of ENERGYDATA (a data publishing platform esmapthat hosts energy data provided by the WBG and other development partners) to develop new apps to respond to existing and upcoming needs from our clients, the private sector, and key development partners, and also consolidate those apps already developed and provide a more standardized user experience. ESMAP proposes to issue a new Master Agreement contract covering the development of new apps, consolidation of existing apps, curation of new and existing datasets, user interface improvements and routine maintenance of the ENERGYDATA site and all its current and future subdomains.

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