Planning

Climate Finance Accelerator (CFA) 2

  • Department for Energy Security and Net Zero

F01: Prior information notice (prior information only)

Notice identifier: 2024/S 000-011663

Procurement identifier (OCID): ocds-h6vhtk-045123

Published 10 April 2024, 3:12pm



Section one: Contracting authority

one.1) Name and addresses

Department for Energy Security and Net Zero

3-8 Whitehall Place

London

SW1A 3EG

Contact

Charlotte Finlay

Email

internationalclimateandenergy.procurement@energysecurity.gov.uk

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.3) Communication

Additional information can be obtained from the above-mentioned address

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Climate Finance Accelerator (CFA) 2

Reference number

prj_1830

two.1.2) Main CPV code

  • 75211200 - Foreign economic-aid-related services

two.1.3) Type of contract

Services

two.1.4) Short description

The Climate Finance Accelerator is part of the UK’s efforts to support climate action at scale by improving the quality of emerging green businesses and initiatives in Emerging Markets and Developing Economies and matches them to relevant investors. It also fosters action to address relevant policy and regulatory barriers.

So far, under the current £12.4m phase of the programme, nearly 200 projects have been supported across ten countries. The first 30 of these projects have progressed to close deals worth $344m.

The CFA is funded by UK Government’s Department for Energy Security and Net Zero (DESNZ), under the International Climate Finance (ICF) portfolio, as part of the UK Government's £11.6 billion commitment to support ODA-eligible countries to respond to the challenges and opportunities of climate change.

DESNZ is procuring the next phase of the programme and will run a final market engagement event on the 29th of April 2024 at 11:00-12:45 (BST) ahead of publishing the invitation to tender, expected w/c 20 May. The link to sign up for the market engagement event is:

https://forms.office.com/e/Rm3dvbbBWJ

The second phase of CFA (CFA 2) is expected to support at least 800 projects in 16 countries.

The contract term will be 5 + 3 (or any portion of 3 years). The value of the 5 year initial term is £38.75m with modification options of up to £50.40m, totalling up to £89.15m for the 5 year initial term.

The contract will have options to extend up to 3 years, with modification options of up to £72.60m. With all modifications and extensions included, the maximum potential total contract value is up to £161.75m.

Further information and documents relating to the existing CFA programme and the planned procurement for CFA 2 are available on the Department’s e-procurement portal:

https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=56485

This includes draft statements of requirements (SoR), commercial approach, previous EME slides and Q&A. The Department is welcoming feedback on the latest SoR and commercial approach up until 13:00 on 3 May 2024. To provide feedback please use this link:

https://forms.office.com/e/c4MRffeiWs

two.1.5) Estimated total value

Value excluding VAT: £161,750,000

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 75211200 - Foreign economic-aid-related services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

The elements of the initial contract scope are listed below:

Workstream A: Global management and oversight

1) Element 1 – Establishment of global operations

2) Element 2 – Establishment of country operations

3) Element 3 – Stakeholder management

4) Element 4 – Regional and UK events

5) Element 5 – Knowledge products and sharing

6) Element 6 – Monitoring and Evaluation

7) Element 7 – Reporting

8) Element 8 – Programme management and governance

Workstream B: Country delivery and project support

9) Element 9 – Landscape Review

10) Element 10 – Project selection

11) Element 11 – Provision of project specific support

12) Element 12 – Sustainable embedding of the CFA markers within local financial ecosystems

The possible modification options listed below provide options to support CFA’s Theory of Change during contract delivery and do not represent a commitment from DESNZ. All options are subject to further governance controls, contract performance and the continuing needs of the contract.

1. ‘Platform’ delivery: enabling other UK government budget holders (e.g., FCDO) to secure CFA outputs in other countries where they are additional to the scope of the DESNZ business case.

2. Change in country prioritisation: flexibility to change CFA-supported countries in response to emergent threats and opportunities.

3. Contract extension to enable sustainable exit: flexibility to extend delivery in countries where embedding is likely to occur in the near future but the country does not have sufficient budget allocated.

4. Extension of CFA in existing countries: where CFA has demonstrable success, further funding could be made available to support a higher number of projects or to provide deeper capacity building support.

5. Expansion of technical assistance to financial institutions and other in-country investment vehicles: Boosting CFA’s impact by expanding provision of support to relevant CFA stakeholders.

6. Technical support provided for additional sectors: Boosting CFA’s impact by expanding provision of support to new sectors.

7. Enhanced direct offer to alumni projects to unlock investment opportunities: deeper support could include awarding grant funding, providing intermediation services, or supporting a deeper online presence to showcase deal opportunities.

8. Supporting time extension: extending the contract by a maximum of 36 months.

two.2.14) Additional information

The Department is welcoming feedback on the latest SoR and commercial approach up until 13:00 on 3 May 2024. To provide feedback please use this link: https://forms.office.com/e/c4MRffeiWs

two.3) Estimated date of publication of contract notice

20 May 2024


Section four. Procedure

four.1) Description

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes


Section six. Complementary information

six.3) Additional information

This Notice is linked to Notice Reference: 2023/S 000-034545