Tender

Deforestation and Conversion-linked Financial Crimes Toolkit

WWF-UK (WORLD WIDE FUND FOR NATURE) TRADING LIMITED

This public procurement record has 3 releases in its history.

TenderAmendment

14 Jul 2023 at 16:29

TenderAmendment

05 Jul 2023 at 16:12

Tender

05 Jul 2023 at 15:16

Summary of the contracting process

The World Wide Fund for Nature Trading Limited is conducting a procurement process for the project titled "Deforestation and Conversion-linked Financial Crimes Toolkit." This project falls under the services category and aims to develop a toolkit to help financial institutions identify and monitor transactions linked to financial crimes derived from deforestation or land conversion. The procurement method is selective, with a competitive procedure with negotiation above the threshold. The tender period ends on July 19, 2023, and the contract period is from August 1, 2023, to September 1, 2024, with delivery in the United Kingdom.

This tender presents opportunities for businesses, especially those in research and experimental development, research and development consultancy, and environmental issues consultancy services. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are suitable for the tender. Businesses interested in contributing to environmental crime prevention and risk controls in the financial sector would be well-suited to compete in this procurement process, aimed at addressing emerging risks related to deforestation and environmental crimes.

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Notice Title

Deforestation and Conversion-linked Financial Crimes Toolkit

Notice Description

Please read full ITT document for information. KEY OBJECTIVES Interpol estimates illegal logging alone is worth approximately $152 billion a year, accounting for up to 90% of tropical deforestation in some countries. In the Amazon, recent studies have found that 94% of deforestation and habitat destruction in Brazil's Amazon and Cerrado could be illegal, and in Amazon countries like Colombia, Peru and Bolivia illegal enterprises and organised crime are behind one of the main drivers of deforestation: land grabbing. If viewed alongside more broad deforestation risks and environmental crime it is the 4th-largest organised crime after drugs, people and counterfeiting, costing billions annually. Financial crime is at the heart of it. This project aims at developing a toolkit (the "Toolkit") to help Financial Institutions set up the tools and methodology to identify and monitor transactions potentially linked to financial crimes derived from deforestation or land conversation WWF underlying objectives are: * To raise Financial Institutions' (FIs) awareness of financial crimes and human right abuses linked to deforestation and conversion in commodity supply chains. * To provide FI's compliance teams with a toolkit to support screening & onboarding of clients and transactions against a typology of crimes and red flags. * To develop framework to support FI's Know Your Customer (KYC) protocols relating to deforestation and environmental crime risks. Banks no longer consider credit and market risks as their sole major risks; as reputational, legal, and financial consequences of their compliance risks have increasingly gain relevance. US Financial Authorities such as Financial Crimes Enforcement Network (FinCEN) are taking crimes linked to deforestation seriously and therefore anticipate that the extraterritoriality of US laws could soon have overreaching impacts on financial institutions globally. In addition, the implementation of the EU Deforestation-free products regulation will require financial institutions to conduct due diligence checks to stop investments that cause deforestation within two years after the law comes into force. The UK may follow suite. The Toolkit provides a way to mitigate those rising risks and therefore has vocation to: * impact the entire financial sector's approach to environmental crime and risk controls * increase awareness of the emerging risks linked to deforestation, conversion and wider environmental crime, and * promote more ambitious policies on deforestation and conversion in FIs. Lot 1: * Research and Data Collection: Deliverable: Introductory Report * Analysis: Deliverable: draft Risk Assessment template and guidance * Testing & validation: Deliverable: validated Risk Assessment template and guidance Lot 2: * Website conception and development. Deliverable: platform available online

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-db8c868c-0c48-4085-be75-6fe793d89d7f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0e67836-4708-483e-94fc-826002f2fa8b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

73100000 - Research and experimental development services

73200000 - Research and development consultancy services

73300000 - Design and execution of research and development

90713000 - Environmental issues consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 20232 years ago
Submission Deadline
19 Jul 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2023 - 1 Sep 2024 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WWF-UK (WORLD WIDE FUND FOR NATURE) TRADING LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WOKING
Postcode
GU21 4LL
Post Town
Guildford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ25 West Surrey
Delivery Location
Not specified

Local Authority
Woking
Electoral Ward
Horsell
Westminster Constituency
Woking

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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