Award

Tracking the alignment of UK-International financial flows

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 2 releases in its history.

Award

10 Mar 2023 at 10:33

Tender

15 Feb 2023 at 11:53

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has awarded a contract for the project titled "Tracking the alignment of UK-International financial flows" to Climate Policy Initiative Inc. The project aims to analyse the alignment of UK international finance flows with climate goals and improve tracking of UK-international climate financial flows. The contract is valued at £89,868 GBP and has a contract period from 2nd March 2023 to 31st May 2023. The procurement method used was an open procedure (below threshold).

This tender provides an opportunity for research consultancy services to compete for projects related to UK associated financial flows towards international climate and nature investments. Small and medium-sized enterprises (SMEs) and organisations with expertise in climate finance and policy analysis would be well-suited to engage in this contract. Businesses interested in contributing to climate finance strategies in emerging markets and developing countries should consider this tender for potential growth opportunities.

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Notice Title

Tracking the alignment of UK-International financial flows

Notice Description

The primary objective of this research is to strengthen the Authority's understanding of the scale, quality and alignment of UK associated financial flows to overseas, with a focus on emerging markets and developing economies. Furthermore, it will present potential policy responses to improve tracking of UK- international climate financial flows with regards to scale, quality and alignment. This project will involve desk-based work and must deliver: 1. An analysis of the alignment of UK international finance flows with climate goals, and the overall scale of climate finance flows from or through the UK. 2. Identifying barriers to collecting and consequent data gaps regarding the above factors. 3. Public policy options for tackling data gaps, with a particular focus on Emerging Markets and Developing Economies (EMDE) reporting challenges, and for improving the integrity of alignment indicators. Due to the scope of Green Finance Strategy, and the timing of project- barriers, international green finance flows from jurisdictions other than the UK will not be assessed. The scope of the project is therefore assessment of outward financial flows from the UK, and into the UK. The report will therefore provide a summary of the following: 1. Depth and utility of existing information sources documenting UK-associated financial flows towards international climate and nature investments, with a focus on emerging markets and developing countries. 2. Effectiveness of existing indicators to assess the alignment of financial flows with climate and nature goals. Additional information: Attached is a redacted version of the contract

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-38823ca8-e46e-499e-af95-471ba4524c83
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/791ce798-542e-4eaa-8a3b-7af4a060b042
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£89,868 Under £100K
Lots Value
Not specified
Awards Value
£89,868 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Mar 20232 years ago
Submission Deadline
22 Feb 2023Expired
Future Notice Date
Not specified
Award Date
24 Feb 20233 years ago
Contract Period
2 Mar 2023 - 31 May 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Department for Business Energy and Industrial Strategy
Contact Email
internationalclimateandenergy.procurement@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CLIMATE POLICY INITIATIVE

Open Contracting Data Standard (OCDS)

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