Published date: 18 January 2022

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 7 February 2022, 4pm

Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

East of England

Value of contract

£150,000

Procurement reference

C21-0701-1633

Published date

18 January 2022

Closing date

7 February 2022

Closing time

4pm

Contract start date

11 February 2022

Contract end date

31 March 2022

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The aim of the research is to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology.

The UK Government recently committed to a target of private finance into nature recovery for England of £500 million per annum in 2027, rising to £1 billion annually by 2030.
No existing measures exist to adequately capture private investment in nature within England or the UK. One recent estimate for biodiversity spend in England was by GFI/EFTEC of £80 million per annum.[1]
[1] Microsoft Word - GFI Finance Gap_Appendix 2_Biodiversity spending_final_011021.docx (greenfinanceinstitute.co.uk). Authors acknowledged this was an imprecise estimate.
4. Project Objectives
4. Project Objectives
To meet the overall aims of this project (Section 2), the objective is:
• to produce a credible methodology for tracking private finance into nature recovery and identify the best data sources to do so including identifying ways to fill any gaps to improve the future methodology. The methodology needs to provide reliable and robust evidence which can be easily replicated and refined in future to enable the consistent tracking of investment flows over time.

Contract will be let under CCS Framework RM6187 Lot 2

More information

Attachments

About the buyer

Address

Monkstone House,City Road
PETERBOROUGH
PE11JY
England

Email

contractqueries@jncc.gov.uk

Website

jncc.gov.uk