Stacking of nature market credits

  • Defra Network eTendering Portal

F14: Notice for changes or additional information

Notice identifier: 2023/S 000-024919

Procurement identifier (OCID): ocds-h6vhtk-03efe0

Published 24 August 2023, 11:28am



Section one: Contracting authority/entity

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

Justification for not providing organisation identifier

Not on any register

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


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Stacking of nature market credits

Reference number

C20564

two.1.2) Main CPV code

  • 79311400 - Economic 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 requiredto ensure environmental integrity while combining multiple ecosystem service revenuestreams from a single intervention r (stacking), but Defra is yet to make a decision onwhether to increase the number of circumstances where stacking is allowed in naturemarkets. There lacks a sound evidence base to inform this decision, and it is unclear whatstacking model would be most effective at delivering Defra's environmental and privatefinance ambitions as well as the effect on costs to developers within our compliance markets(biodiversity net gain and nutrient neutrality). This research is a critical enabler to deliver onDefra's commitment to provide clarity to landowners on the ability to stack credits on theirland that was set out in the Nature Markets Framework.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2023/S 000-023861


Section seven. Changes

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

Section number

II.1.5.1

Place of text to be modified

Estimated total value

Instead of
Text

1.0

Read
Text

150,000