Planning

Stacking of nature market credits

  • Defra Network eTendering Portal

F01: Prior information notice (prior information only)

Notice identifier: 2023/S 000-022094

Procurement identifier (OCID): ocds-h6vhtk-03eb89

Published 31 July 2023, 9:02am



Section one: Contracting authority

one.1) Name and addresses

Defra Network eTendering Portal

17 Nobel House

London

SW1P 3JR

Contact

Jemma Godleman

Email

jemma.godleman@defra.gov.uk

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://www.gov.uk/government/organisations/department-for-environment-food-rural-affairs

Buyer's address

https://defra-family.force.com/s/Welcome

one.3) Communication

Additional information can be obtained from the above-mentioned address

Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at

https://atamis-9529.my.site.com/s/Welcome

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

Environment


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Stacking of nature market credits

Reference number

P-32248

two.1.2) Main CPV code

  • 73110000 - Research services

two.1.3) Type of contract

Services

two.1.4) Short description

The Nature Markets Framework, published in March 2023, sets out the principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking).

Defra is yet to develop policy on whether to increase the number of circumstances where stacking is allowed in UK nature markets. There lacks a sound evidence base, and it is unclear what stacking model would be most effective at delivering Defra’s environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality).
This research will seek to provide Defra with an understanding of the empirical theory and evidence on stacking and is expected to provide insight into the impact of different stacking models on economic, environmental, and wider social outcomes. The research should provide specific consideration to ecosystem service measurement challenges, additionality issues, the interaction between voluntary and compliance market schemes, and variations in nature market rules.

two.1.5) Estimated total value

Value excluding VAT: £150,000

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 79311400 - Economic research services
  • 73210000 - Research consultancy services
  • 73000000 - Research and development services and related consultancy services
  • 79311400 - Economic research services
  • 79310000 - Market research services
  • 66152000 - Financial market regulatory services
  • 90713000 - Environmental issues consultancy services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

The Nature Markets Framework, published in March 2023, sets out the principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking).

Defra is yet to develop policy on whether to increase the number of circumstances where stacking is allowed in UK nature markets. There lacks a sound evidence base, and it is unclear what stacking model would be most effective at delivering Defra’s environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality).
This research will seek to provide Defra with an understanding of the empirical theory and evidence on stacking and is expected to provide insight into the impact of different stacking models on economic, environmental, and wider social outcomes. The research should provide specific consideration to ecosystem service measurement challenges, additionality issues, the interaction between voluntary and compliance market schemes, and variations in nature market rules.

two.3) Estimated date of publication of contract notice

9 August 2023


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