The Central Bank of Samoa has published terms of reference and a request for expressions of interest for the first phase of the Samoa Finance Sector Resilience and Development Project, supported by the World Bank, to strengthen its capability to assess and mitigate climate-related financial risks. The project is framed around Samoa’s exposure to climate-related risks, including physical risks from tropical cyclones and floods affecting banks’ collateral values, and transition risks associated with moving to a lower-carbon economy. Work under the project is intended to combine assessment tasks with knowledge transfer and capacity building for the Central Bank of Samoa and other relevant stakeholders, and it is structured in two phases. Phase two is planned to commence after phase one is completed and will be procured through a separate process. Expressions of interest for phase one must be submitted by 07 July 2025 at 11:00 Samoa time via the Government e-Portal or in person to the Ministry of Finance.
Central Bank of Samoa 2025-06-21
Central Bank of Samoa seeks expressions of interest for phase one of World Bank supported climate financial risk resilience project
The Central Bank of Samoa, supported by the World Bank, has issued terms of reference and a request for expressions of interest for the first phase of the Samoa Finance Sector Resilience and Development Project to enhance its ability to assess and mitigate climate-related financial risks. Expressions of interest for phase one are due by 07 July 2025.