Carbon pricing policies can be a low-cost; effective; way for countries to incentivize the decarbonization of their economy. If designed carefully; they can create conditions to support low carbon investment from both national and international sources. The government of Bangladesh (GoB) has engaged with the ÐÓ°ÉÂÛ̳¡¯s Partnership for Market Implementation (PMI) program to explore the potential use of domestic carbon pricing instruments and carry out carbon market readiness activities. The "Readiness Support Plan (RSP) for Bangladesh" under the 'Partnership for Market Implementation - Bangladesh Implementation Phase' (the PMI-Bangladesh) was developed collaboratively by the Government of Bangladesh counterparts (Ministry of Environment; Forest and Climate Change (MOEFCC) and Department of Environment (DOE)) and the project team from the Bank. The Readiness Support Plan (RSP) was submitted to the PMI Secretariat. Based on the assessment of the final RSP submitted along with the supporting documentation; the RSP has been approved. The PMI-Bangladesh program aims at providing timely support to the GoB counterparts in their endeavors to establish enabling conditions for swift access to the next generation of international carbon markets. The PMI-Bangladesh RSP has three Workstreams: Workstream A - International Carbon Markets; Workstream B - Monitoring; reporting and verification (MRV) and registry system; and Workstream C - National carbon pricing policy. This consultancy services is related to Workstream A and B. Workstream A: International Carbon Markets Workstream A concerns establishing the arrangements necessary for Bangladesh to participate in international carbon markets. This includes mechanisms under Article 6 of the Paris Climate Change Agreement and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). To engage with international carbon markets and realize these benefits it is necessary for Bangladesh to establish governance arrangements; host country strategy and systems to manage the mitigation activities. Workstream B: Monitoring; reporting and verification (MRV) and registry systems Workstream B concerns the establishment of a Monitoring Reporting and Verification (MRV) and registry system. The MRV system allows for reporting of emissions or emission reductions from activities and underpins the integrity of any carbon market-based system. The registry allows for the tracking of tradable certificates representing emission reductions. The primary objective will be to establish the systems needed to enable participation in international carbon markets; in particular those falling under the Article 6; as Bangladesh¡¯ national strategies indicate a strong political commitment to participate in these activities.