SELECTION FOR CONSULTANTS BY THE WORLD BANKREQUEST FOR EXPRESSIONS OF INTERESTConsulting Services for “Assessment of adoption and investment potential of Industrial Decarbonization; Sustainable Cooling and Air Pollution Control technologies in India” September 2023A. Background and ContextIndia is the third largest emitter of greenhouse gases (GHGs); despite the per capita GHG emissions being far lower than the world average. With increasing energy demand in view of the rapid urbanization and industrialization; India’s decarbonization initiatives are set to play a major role in the global climate change efforts. As part of the decarbonization efforts; India has pledged Net Zero by 2070 and has also set the target of reducing emission intensity of GDP to 45% below the 2005 levels by 2030. Decarbonization of industrial sector; which consumes over 50% of the total energy consumption in India and contributes to over 28% of GHG emissions; is critical to enable India to achieve its emission intensity reduction targets. According to India’s Long-term low emission development strategy (LT-LEDS); energy efficiency (EE) contributed half of India’s GHG emission reduction and continues to remain a cornerstone in India’s strategy for emission intensity reduction and low carbon development. In addition to EE; the following decarbonization pathways are expected to drive industrial decarbonization initiatives in India:* Electrification of Industrial processes using renewable energy sources* Low-carbon fuels; feedstocks and energy sources such as green hydrogen; alternative feedstock for cement production; biofuels; bio-feedstocks etc.* Carbon Capture; Utilization and Storage technologies* Material efficiency/ circular economy Energy-related fuel combustion in industries is also a major source of pollutants: NOx; SOx; PM 2.5; in addition to being the largest contributor to CO2 emissions in India. Given that energy-related air pollutants and CO2 emissions arise from the same sources; the International Energy Agency has recommended the adoption of an integrated approach to tackle both crises. Meanwhile; India has also witnessed rising temperatures and heat stress due to climate change and will require massive cooling infrastructure to mitigate negative impacts on health & productivity. However; the access to cooling; especially sustainable cooling across sectors remains low. Despite the huge emission reduction potential and investment needs; decarbonization investments in the country are constrained by barriers related to lack of technology know-how; lack of access to affordable commercial financing; lack of capacity of financial institutions/ industries/buildings; among other challenges. In this context; the World Bank (WB) intends to carry out an assessment of the segment-wise deployment and investment potential of technologies in industrial decarbonization; sustainable cooling and air pollution control in India; challenges constraining the adoption of such technologies and potential solutions; including suitable financing interventions; to address the barriers and attract private capital at scale. The WB plans to hire an experienced firm (Consultant) to provide consulting services to carry out the assessment (Assignment) in line with the key objectives as detailed below. B. KEY OBJECTIVES OF THE ASSIGNMENT The key objectives of the Assignment are:1. To assess the adoption and investment potential of various technologies across industrial decarbonization; sustainable cooling and air pollution control in the industries and buildings sector; including segment-wise potential across micro; small; medium and large entities. 2. Mapping investment needs across each segment3. Listing key players; tested and proposed business models and financing approaches across each of these segments 4. Review current policy and regulatory framework and provide recommendations that can scale up adoption5. Current financing landscape; including key financial institutions; financing products; business models being financed. Review existing business models and propose innovative models to scale up financing. 6. Assess the barriers constraining the adoption of identified technologies based on research as well as stakeholder consultations (with industries; financial institutions; government agencies etc.)7. Propose financing interventions; highlighting the role of WB; to attract decarbonization investments for the above-mentioned segments in India