Background
Liberia’s current funding sources and mechanisms are adequate to address climate change, meet the competing national development objectives, and achieve the Agenda 2030 and the Sustainable Development Goals (SDGs). The limited national and bilateral resources to deliver on the derived commitment in the revised/updated National Determined Contributions (or NDC 2.0), the National Adaptation Plan (NAP), and other climate-related programs further compound this.

Liberia's updated NDC 2.0 reflects its continued adherence to the goals of the Paris Agreement, which is to keep the rise in global average temperature well below 2oC above pre-industrial levels. Liberia is committed to combating climate change and accelerating the transition to a climate-resilient, low-carbon sustainable mode of development. In line with this commitment, the NDC 2.0 of Liberia commits to reducing its economy-wide greenhouse gas emissions by 64% below the projected business-as-usual level by 2030, most of which will require significant international investment to achieve. With a struggling economy coupled with increasingly more frequent climate impacts, the country’s major economic sectors (agriculture, fisheries, and forestry) are increasingly at risk and extremely vulnerable to climate shock and disaster. Moreover, the variation in the country’s seasonal pattern has affected crop production, making the population more than vulnerable to loss and damage, social factors, and other climate change-related catastrophe. Significant investments are needed in renewable energy to cut emissions while investments in agriculture and food security are needed to accelerate adaptation actions.

Objectives of the assignment
The overall objective of the assignment is to develop a carbon market policy for Liberia by assessing the country’s readiness, potential, and national capacity to generate carbon credits and trade in a transparent, accountable, and equitable manner. The specific objectives include a review of the laws and policies extant relating to climate change and resource ownership,

Scope of work
The National consultant will develop a carbon market policy for Liberia. The carbon market policy will aim to address broad-based policy issues for participating in carbon markets and provide guidance with respect to:

Definition/Classification of carbon and ownership, institutional arrangements for carbon market project implementation; Click to apply online