Environmental and Social Due Diligence Assessments, climate change or biodiversity risk reviews, and lender advisory services

The object of the tender process is a framework arrangement for Environmental and Social Due Diligence Assessments, climate change or biodiversity risk reviews, and advisory Services. Finnvera follows the OECD Common approaches (Recommendation of the Council on OECD Legal Instruments Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence) and subsequently the International Finance Corporation Performance standards (IFC PS’s). Finnvera is requesting proposals from qualified global consultant companies to provide Environmental and Social Due Diligence (ESDD) assessments and project monitoring tasks, including site visits, if necessary. The scope of the ESDD assignments may vary from benchmarking projects against all IFC Performance standards and relevant guidelines to only some specific issue or a single/selection of the IFC Performance Standards. The scope may also include reviewing climate change risk assessments, auditing emissions calculations, and evaluating compliance with the UN Guiding Principles on Business and Human Rights. A successful candidate is able to provide advisory services related to human rights due diligence, as well as review the alignment of projects with the Paris Agreement on Climate Change and the Kunming-Montreal Global Biodiversity Framework.