The World Bank is looking to support private sector participation and mobilization for the E-Mobility agenda in Egypt, Morocco and Jordan through 3 ground-breaking initiatives.
The World Bank engagement in Middle East and North Africa (MENA) region focuses on enhancing economic and social inclusion, promoting environmental sustainability and mitigating climate change, while supporting the development of critical infrastructure (energy, transport, digital) and scaling up the delivery of affordable, reliable, resilient and sustainable services for the economies to thrive.
Electrification of transport stands out amongst the most promising emerging solutions at the interface of clean energy transition and sustainable transportation in the region. Electric-Mobility (E-Mobility) creates opportunities to increase climate adaptation and resilience, mitigate climate change, increase energy efficiency, enhance quality of transport services, and improve urban air quality, while taking advantage of the integration of higher shares of renewable resources, energy storage and demand response technologies in the evolving electricity grids across the region.
According to industry forecasts, electric vehicles are expected to increasingly replace traditional vehicles over the next few decades globally and is now a major project that the World Bank is supporting in Egypt, Morocco and Jordan through 3 unique tendering opportunities that seek to promote critical private sector participation (PSP) and investments at scale.
The Private Sector Leading the Way to E-Mobility
Private sector participation (PSP) and investments at scale are critical for the E-Mobility agenda to succeed in the MENA region.
The private sector players in E-mobility include but are not limited to: vehicle manufacturers, battery manufacturers, charging hardware manufacturers, and very importantly, electric utilities (including solar and other renewable energy) and charging point operators.
The challenge is to find solutions that can be implemented to address the risks and barriers that the private sector faces and to unlock the potential for the development of E-Mobility in the MENA region.
The objective of these consulting assignment is to provide support to the World Bank task team to deliver technical assistance to Egypt, Jordan, Morocco with the aim to facilitate:
- private sector participation (PSP), including different forms and levels of engagement from the private sector to collaborate with the public sector; and
- private capital mobilization (PCM) which enables and leverages private sector investment to maximize the total financing resources available for development purposes, to support a more ambitious goal towards E-Mobility development in the country.
Project Requirements
The governments of Jordan, Morocco, and Egypt will need support in assessing the feasibility of introducing e-buses for the Public Transport system and in providing technical assistance and advisory and analytics to design sound technical and financial schemes.
New models that can mitigate the risks for the public sector in E-Mobility deployment are particularly needed.
The assignment will include the following:
- Business model identification: drawing from global experiences and engagements with public and private stakeholders in the study countries, the consultant will identify business models applicable to the Jordan, Egypt, or Morocco
- Legal and regulatory framework assessment: the consultant will review domestic laws and regulations associated with identified business models and assess gaps/hurdles to identify needed policy actions enabling commercial operations of identified business models for scaling up PSP and PCM;
- Market sounding: the consultant will engage with businesses active in E-Mobility value chains (EVs, batteries, EV charging infrastructure, integration of renewable energy sources, etc.) and assess perceived risks and develop a set of mitigation measures, including informing the financing and other operations of development partners including the World Bank Group;
- PSP and PPP options analysis: based on the findings from earlier studies and global best practices, the consultant will analyze and assess the applicability of various pilot project designs, at least one or more in each country, to test the PSP and PPP models;
- High-level business case analysis: the consultant will assess financial viability to attract private investment as well as economic feasibility to assess broader economic impact justifying public sector intervention or investment, if any;
- Roadmap: the consultant will assess options and prepare a roadmap to implement the pilot business models in the MENA region, covering the three countries and recommend suitable modalities/concepts for support by development partners including the World Bank Group.
The estimated deadline for the completion of this assignment is December 2022. The award of the consultant contract is expected in March 2022.
https://www.worldbank.org, https://blogs.worldbank.org, https://www.freepik.com, https://www.arabnews.com, https://www.africanews.com, https://etn.news, https://indusdictum.com