Request for Proposals: Design and Establish a Financing Task Force
Deadline: Monday 18 January 2021
This request for proposal (RFP) is an invitation to submit proposals for the design and establishment of a Financing task for the Global Plastic Action Partnership (GPAP), hosted by the World Economic Forum.
The purpose of this RFP is to solicit proposals from suppliers with expertise in sustainable finance strategy and implementation, with a view to meeting high-quality requirements and project objectives established by the Forum. This process will result in the selection of one supplier, who will be invited to enter a contracting phase for a specific and detailed scope of work subject to final fixed pricing.
The Global Plastic Action Partnership is built on three strategic pillars with the following aims: to convene stakeholders and curate conversations; to create insights and deliver action roadmaps; and to catalyze strategic financing to promote the transition to a circular economy for plastics. GPAP is in the process of convening a Global Task Force on Finance to drive forward the third pillar. The Global Task Force will pull together the right champions and thought partners as GPAP looks to deepen stakeholders' understanding of the current situation regarding investments into efforts to adopt the circular economy and address plastic waste and pollution. Ultimately, GPAP Financing Task Force will seek to (1) identify the barriers to investments in the circular economy and to (2) articulate an approach to remove those barriers and incentivize financial engagement in the transition to a circular economy for plastics.
The Task Force will serve as a platform to identify common barriers to major investments in the circular economy. It will work through a multi-stakeholder approach (and the NPAP structures) to promote policy-based solutions that will 'de-risk' plastic circular economy investments, and incentivise traditional financial institutions to invest more in this critical area.
For more information, please refer to this PDF document.