Procurement

C1345 - Climate Physical Risk Assessment Services

National Wealth Fund Limited

Procurement identifier (OCID): ocds-h6vhtk-066b64

Description

The National Wealth Fund (NWF) is seeking to appoint a supplier to provide climate physical risk assessment services, including a digital tool/platform and associated implementation, support and knowledge transfer.

The service will enable NWF to identify, assess, quantify and interpret physical climate risks (both acute and chronic) across its investment portfolio at asset, transaction and portfolio level. The solution must support end‑to‑end workflow capability, including data ingestion, risk modelling, visualisation, portfolio aggregation and translation of climate risks into financial and credit impacts.

Suppliers must provide a robust, transparent and auditable methodology, with clear documentation of underlying data sources, assumptions and limitations. Outputs must be suitable for investment decision‑making, portfolio monitoring and reporting, including provision of technical and financial risk metrics, mapping and scenario‑based analysis.

The scope includes onboarding, configuration, user support and training, alongside comprehensive knowledge transfer to ensure NWF can independently operate and interpret the solution. The Supplier is expected to deliver high‑quality outputs aligned to public sector governance, auditability and data security requirements.

The Contract will support NWF in embedding climate risk considerations into investment processes, strengthening risk management capability and supporting its strategic objective to address climate change and deliver sustainable economic growth.

Notices

UK7: Contract details notice

Notice identifier: 2026/S 000-079058
Published: 19 August 2026, 2:31pm

UK4: Tender notice

Notice identifier: 2026/S 000-051242
Published: 1 June 2026, 10:33am

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UK2: Preliminary market engagement notice

Notice identifier: 2026/S 000-023815
Published: 17 March 2026, 9:11am