Planning

Stacking of nature market credits

DEFRA NETWORK ETENDERING PORTAL

This public procurement record has 1 release in its history.

Planning

31 Jul 2023 at 08:02

Summary of the contracting process

The Department for Environment, Food & Rural Affairs (Defra) has initiated a tender process titled "Stacking of nature market credits" within the services category. This research tender, with a value of £150,000, aims to provide insights into stacking models for UK nature markets, ecosystem services, and environmental impacts. The tender is at the planning stage with a future notice date of 9th August 2023.

This tender opportunity by Defra presents a chance for businesses involved in research services, economic research, consultancy services, market research, and environmental consultancy to contribute to environmental and private finance ambitions. Companies with expertise in ecosystem services measurement, additionality issues, and financial market regulatory services would be well-suited to compete in this complex research procurement process.

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Notice Title

Stacking of nature market credits

Notice Description

The Nature Markets Framework, published in March 2023, sets out the principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking).<br/><br/>Defra is yet to develop policy on whether to increase the number of circumstances where stacking is allowed in UK nature markets. There lacks a sound evidence base, and it is unclear what stacking model would be most effective at delivering Defra's environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality).<br/>This research will seek to provide Defra with an understanding of the empirical theory and evidence on stacking and is expected to provide insight into the impact of different stacking models on economic, environmental, and wider social outcomes. The research should provide specific consideration to ecosystem service measurement challenges, additionality issues, the interaction between voluntary and compliance market schemes, and variations in nature market rules.

Lot Information

Lot 1

The Nature Markets Framework, published in March 2023, sets out the principles required to ensure environmental integrity while combining multiple ecosystem service revenue streams from a single intervention (stacking).

Defra is yet to develop policy on whether to increase the number of circumstances where stacking is allowed in UK nature markets. There lacks a sound evidence base, and it is unclear what stacking model would be most effective at delivering Defra's environmental and private finance ambitions as well as the effect on costs to developers within our compliance markets (biodiversity net gain and nutrient neutrality).
This research will seek to provide Defra with an understanding of the empirical theory and evidence on stacking and is expected to provide insight into the impact of different stacking models on economic, environmental, and wider social outcomes. The research should provide specific consideration to ecosystem service measurement challenges, additionality issues, the interaction between voluntary and compliance market schemes, and variations in nature market rules.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03eb89
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/022094-2023
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

79 - Business services: law, marketing, consulting, recruitment, printing and security

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

66152000 - Financial market regulatory services

73000000 - Research and development services and related consultancy services

73110000 - Research services

73210000 - Research consultancy services

79310000 - Market research services

79311400 - Economic research services

90713000 - Environmental issues consultancy services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20232 years ago
Submission Deadline
Not specified
Future Notice Date
8 Aug 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DEFRA NETWORK ETENDERING PORTAL
Contact Name
Jemma Godleman
Contact Email
jemma.godleman@defra.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1P 3JR
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

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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