Support the Tunisian Government in the preparation of the Market Readiness Proposal (MRP)

Support the Tunisian Government in the preparation of the Market Readiness Proposal (MRP)

In order to achieve the desired mitigation targets in Tunisia, it is necessary to establish a clear action plan with measures aimed at the major sectors responsible for greenhouse gases emissions (GHG). Among these measures, the use of market instruments is highlighted in Tunisia’s Nationally Determined Contribution (NDC). The energy sector is pinpointed as an instrument which strengthens the country’s efforts in the fight against climate change. The World Bank’s Partnership for Market Readiness (PMR) is a program of financial and technical assistance to developing and emerging countries in the use of market mechanisms and the implementation of carbon pricing instruments. In order to receive funding from the PMR, participating countries should prepare a Market Readiness Proposal (MRP), which outlines the country’s roadmap for the design, management and implementation of carbon pricing instruments. This project is funded by UNDP and supports the National Agency for Energy Management (Agence Nationale pour la Maitrise de l’Energie) to:

1) Elaborate the national “MRP”, mainly in the energy sector, identifying the most suitable subsectors and market instruments or carbon pricing instruments that best fit the context and objectives of NDC;
2) Ensure the improvement of the technical capacities of all project stakeholders and contribute to the national incorporation of the strategic guidelines for carbon pricing.