Consultancy services to develop the COMESA model policy on the Carbon Market

ASSIGNMENT TITLE: CONSULTING SERVICES FOR THE DEVELOPMENT OF THE COMESA MODEL POLICY FRAMEWORK ON CARBON MARKET DEVELOPMENT -ZM-COMESA-553250-CS-QCBS. 1.0 INTRODUCTION The Common Market for Eastern and Southern Africa (COMESA) received a grant from the World Bank towards the implementation of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) program and intends to apply part of the proceeds towards the provision of consultancy services for the development of the carbon policy framework on carbon market development. COMESA intends to develop a Model Policy Framework for Carbon Markets that will : Provide structured, non-binding guidance to Member States. Support readiness for high-integrity participation in carbon markets. Promote regional coordination and policy convergence where appropriate; and Ensure alignment of carbon market development with COMESA’s climate, energy, and broader development priorities. The proposed Model Policy Framework will provide structured, nonbinding guidance to Member States, enabling them to establish robust and transparent systems for carbon market participation while preserving national sovereignty. It will emphasize principles of environmental integrity, transparency, accountability, and equitable benefitsharing, ensuring that carbon market activities contribute meaningfully to sustainable growth and resilience. The framework will also outline institutional arrangements, including national focal points and a regional coordination platform under the COMESA Secretariat, to facilitate policy convergence, knowledge sharing, and collective engagement in international negotiations. In addition, the framework will provide technical guidance on monitoring, reporting, and verification systems, carbon registries, and safeguards against double counting, thereby supporting Member States in meeting international standards. It will promote regional cooperation through shared standards for carbon credit quality, mechanism