Contract

Green Finance Toolkit

  • Department for Energy Security & Net Zero

F03: Contract award notice

Notice identifier: 2024/S 000-025925

Procurement identifier (OCID): ocds-h6vhtk-044f51

Published 15 August 2024, 11:04am



Section one: Contracting authority

one.1) Name and addresses

Department for Energy Security & Net Zero

Trinity Bridge House, 2 Dearmans Place

Salford

M3 5BS

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.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

Green Finance Toolkit

Reference number

prj_3312

two.1.2) Main CPV code

  • 75211200 - Foreign economic-aid-related services

two.1.3) Type of contract

Services

two.1.4) Short description

Background

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.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £268,743

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

Background

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.

two.2.5) Award criteria

Quality criterion - Name: Methodology / Weighting: 40

Quality criterion - Name: Team structure, experience, and technical expertise / Weighting: 30

Quality criterion - Name: Contract management / Weighting: 20

Quality criterion - Name: Social Value / Weighting: 10

Price - Weighting: 100

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2.14) Additional information

Price is not the only award criterion and all criteria are stated only in the procurement documents.

Tender was run using price per quality point methodology.


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

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

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2024/S 000-010784

four.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice


Section five. Award of contract

Title

Green Finance Toolkit

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

23 July 2024

five.2.2) Information about tenders

Number of tenders received: 8

Number of tenders received by electronic means: 8

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Grant Thornton UK LLP

30 Finsbury Square

London

EC2A 1AG

Country

United Kingdom

NUTS code
  • UK - United Kingdom
National registration number

OC307742

The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £268,743

five.2.5) Information about subcontracting

The contract is likely to be subcontracted

Value or proportion likely to be subcontracted to third parties

Proportion: 40 %

Short description of the part of the contract to be subcontracted

Survey responses and stakeholder engagement


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

Department for Energy Security and Net Zero Integrated Corporate Services

London

Country

United Kingdom