[{"bbox": [129, 159, 573, 184], "category": "Section-header", "text": "# 4 IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [129, 214, 390, 241], "category": "Section-header", "text": "## 4.1 Financing Agreement"}, {"bbox": [141, 256, 1061, 309], "category": "Text", "text": "In order to implement this Action, it is envisaged to conclude a financing agreement with the partner country."}, {"bbox": [129, 322, 498, 349], "category": "Section-header", "text": "## 4.2 Indicative Implementation Period"}, {"bbox": [141, 364, 1134, 445], "category": "Text", "text": "The indicative operational implementation period of this Action, during which the activities described in section 3 will be carried out and the corresponding contracts and agreements implemented, is 72 months from the date of entry into force of the financing agreement."}, {"bbox": [141, 445, 1134, 497], "category": "Text", "text": "Extensions of the implementation period may be agreed by the Commission's responsible authorising officer by amending this Financing Decision and the relevant contracts and agreements."}, {"bbox": [129, 511, 440, 538], "category": "Section-header", "text": "## 4.3 Implementation Modalities"}, {"bbox": [141, 566, 1134, 643], "category": "Text", "text": "The Commission will ensure that the EU appropriate rules and procedures for providing financing to third parties are respected, including review procedures, where appropriate, and compliance of the Action with EU restrictive measures²²."}, {"bbox": [129, 671, 658, 699], "category": "Section-header", "text": "### 4.3.1 Indirect Management with a pillar assessed entity"}, {"bbox": [141, 726, 1134, 780], "category": "Text", "text": "This Action may be implemented in indirect management with an entity, which will be selected by the Commission's services using the following criteria:"}, {"bbox": [178, 792, 1134, 844], "category": "List-item", "text": "- An entity that has a long-standing experience and capacity in policy advisory/design, capacity building and technical assistance;"}, {"bbox": [178, 846, 1134, 926], "category": "List-item", "text": "- The entity needs to have solid experience in the Bangladesh country context, and in the energy sector, especially green/sustainable energy, on and off-grid. Specific experience in renewable energy and energy efficiency in Bangladesh would be required;"}, {"bbox": [178, 926, 1134, 979], "category": "List-item", "text": "- Knowledge and capacity on facilitating investment climate and business environment, including through support to innovation is a plus;"}, {"bbox": [178, 979, 1134, 1033], "category": "List-item", "text": "- Preference will be given to an entity that is familiar with EU Green Deals, and more generally EU policies towards sustainable and possibly with TEI GET in Bangladesh."}, {"bbox": [129, 1072, 1128, 1128], "category": "Section-header", "text": "### 4.3.2 Changes from indirect to direct management mode (and vice versa) due to exceptional circumstances (one alternative second option)"}, {"bbox": [141, 1143, 1121, 1222], "category": "Text", "text": "If this Action cannot be implemented in indirect management specified in 4.3.1 due to circumstances outside of the Commission's control, it will be implemented in direct management instead (procurement or grant) for the full amount of EUR 5 million:"}, {"bbox": [141, 1250, 480, 1277], "category": "Section-header", "text": "**Procurement (direct management)**"}, {"bbox": [141, 1302, 1106, 1353], "category": "Text", "text": "Procurement will contribute to achieving the specific objective specified in 3.1. with the global budgetary amount is indicated in 4.5."}, {"bbox": [141, 1381, 420, 1408], "category": "Section-header", "text": "**Grants (direct management)**"}, {"bbox": [141, 1436, 400, 1463], "category": "Section-header", "text": "**(a) Purpose of the grant(s)**"}, {"bbox": [141, 1462, 1111, 1541], "category": "Text", "text": "To support the Government of Bangladesh to reduce GHG emissions, hence to achieve the NDC targets. Specifically to improve the policy and regulatory framework for implementing the green energy transition in Bangladesh"}, {"bbox": [129, 1572, 1143, 1647], "category": "Footnote", "text": "²² www.sanctionsmap.eu. Please note that the sanctions map is an IT tool for identifying the sanctions regimes. The source of the sanctions stems from legal acts published in the Official Journal (OJ). In case of discrepancy between the published legal acts and the updates on the website it is the OJ version that prevails."}, {"bbox": [1027, 1681, 1143, 1705], "category": "Page-footer", "text": "Page 20 of 23"}]