Green Finance Toolkit

  • Department for Energy Security and Net Zero

F14: Notice for changes or additional information

Notice reference: 2024/S 000-013698

Published 29 April 2024, 10:35am



Section one: Contracting authority/entity

one.1) Name and addresses

Department for Energy Security and Net Zero

Salford

M3 5BS

Email

internationalclimateandenergy.procurement@energysecurity.gov.uk

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

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


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Green Finance Toolkit

two.1.2) Main CPV code

  • 75211200 - Foreign economic-aid-related services

two.1.3) Type of contract

Services

two.1.4) Short description

Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system.

The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming.

Requirements

The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement.

These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2024/S 000-010784


Section seven. Changes

seven.1.2) Text to be corrected in the original notice

Section number

IV.2.

Instead of
Text

IV.2.2) Time limit for receipt of tenders or requests to participate

Date

8 May 2024

Local time

1:00pm

IV.2.4) Languages in which tenders or requests to participate may be submitted

English

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 8 May 2024

IV.2.7) Conditions for opening of tenders

Date

8 May 2024

Local time

1:00pm

Read
Text

IV.2.2) Time limit for receipt of tenders or requests to participate

Date

17 May 2024

Local time

1:00pm

IV.2.4) Languages in which tenders or requests to participate may be submitted

English

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 17 August 2024

IV.2.7) Conditions for opening of tenders

Date

17 May 2024

Local time

1:00pm