PROJECT OBJECTIVE
At COP26, Vietnam pledged to a net-zero target to reach carbon neutral emissions by 2050 and signed the Global Coal to Clean Power Transition Statement. The country commits to end all new investment in coal power generation, scale up clean power generation, and phase out coal power by the 2040s. In this context, the World Bank is expected to support the MOIT to develop a road map to phaseout coal-fired power plants suitable to Vietnam's conditions and resources. Hence the Bank is seeking a consulting firm (the Consultant) with excellent experience in Vietnam’s power sector and coal-fired power to conduct the assignment. The assignment will consist of the following contents:i. Vietnam’s power system and international best practices on coal phasing-outii. Power development scenarios and transition pathways consist of the analysis on power system, technologies, expected GHG reduction, socio-environmental issues, economic cost & benefits and legal aspects in relation to coal power phasing-out or repurposing. iii. Proposing a coal phasing out roadmap. iv. Public consultation and stakeholder engagement.