Award

Climate Finance Accelerator (CFA) 2 Global Delivery Partner

DEPARTMENT FOR ENERGY SECURITY AND NET ZERO

This public procurement record has 3 releases in its history.

Award

26 Sep 2025 at 10:11

Tender

27 Jun 2024 at 16:03

Planning

10 Apr 2024 at 14:12

Summary of the contracting process

The Department for Energy Security and Net Zero (DESNZ) awarded the contract for the Climate Finance Accelerator (CFA) 2 Global Delivery Partner, with PricewaterhouseCoopers LLP announced as the active supplier. This contract, focused on providing foreign economic aid-related services, is part of the UK's initiative to address climate change in Emerging Markets and Developing Economies by enhancing green business ventures. The award was formalised on 3rd September 2025, marking the beginning of the implementation phase to be completed by 2033, with a maximum potential contract value up to £161.75 million, inclusive of VAT. The open procurement method facilitated this process, and the overall contract spans up to eight years, encompassing initial and extension periods, designed to bolster sustainable development projects globally.

This tender presents substantial growth opportunities for large consultancy firms and organisations specialising in international development, environmental finance, and sustainability projects. Firms with expertise in stakeholder management, technical assistance, and creating investment-ready propositions are well-positioned to seize this opportunity. The programme, leveraging private sector climate finance, aims to build a pipeline of low-carbon projects, thus sparking investor interest and engagement across diverse sectors. Businesses adept in collaborating with investors and possessing a solid track record in overseeing complex global operations will find this contract particularly advantageous in solidifying their position within the international climate finance landscape.

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Notice Title

Climate Finance Accelerator (CFA) 2 Global Delivery Partner

Notice Description

The Climate Finance Accelerator is part of the UK's efforts to support climate action at scale by improving the quality of emerging green businesses and initiatives in Emerging Markets and Developing Economies and matches them to relevant investors. It also fosters action to address relevant policy and regulatory barriers. This contract is for a Global Delivery Partner for CFA to manage and deliver the programme including identifying, selecting and providing technical assistance to eligible projects to increase the likelihood that they will receive investment. The CFA is funded by UK Government's Department for Energy Security and Net Zero (DESNZ), under the International Climate Finance (ICF) portfolio, as part of the UK Government's PS11.6 billion commitment to support ODA-eligible countries to respond to the challenges and opportunities of climate change.

Lot Information

Lot 1

The contract is for a global delivery partner for the Climate Finance Accelerator 2 (CFA 2) to manage, oversee and deliver the programme. The programme will provide technical support to eligible projects. CFA 2 aims to increase the flow of predominantly private sector climate finance to support low-carbon climate resilient projects with sustainable development benefits and, in doing so, support the implementation of supported countries' climate mitigation efforts. To meet this objective, the CFA 2 delivery partner will develop a high-volume pipeline of bankable projects in Emerging Markets and Developing Economies (EMDEs) that dovetail with upstream progress (e.g. policy/regulatory reform) to enable the investment environment. Working closely with investors, CFA 2 will increase investor interest and appetite to engage with and invest in low-carbon projects in supported countries. The elements of the Statement of Requirements to be delivered by the supplier are listed below: Workstream A: Global management and oversight 1) Element 1 - Establishment of global operations 2) Element 2 - Confirmation of country delivery approach 3) Element 3 - Stakeholder management 4) Element 4 - Regional and UK events 5) Element 5 - Knowledge products and sharing 6) Element 6 - Monitoring and Evaluation 7) Element 7 - Reporting 8) Element 8 - Programme management and governance Workstream B: Country delivery and project support 9) Element 9 - Landscape review and establishment of country operations 10) Element 10 - Project selection 11) Element 11 - Provision of project specific support 12) Element 12 - Sustainable embedding of the CFA markers within local financial ecosystems

Options: The initial contract term is 5 years with an initial value of PS19.85m (including VAT). Modification options exist in the contract to increase the value of the 5 year initial term by up to PS69.3m to a total maximum of up to PS89.15m (including VAT). The contract has further options to extend the term for up to 3 years or any portion of 3 years, and the value by a further PS72.60m (including VAT). With all modifications and extensions included, the maximum potential total contract value is PS161.75m (including VAT) and the maximum term is 8 years to 31 August 2033. The possible modification options listed below provide scope options to support CFA's Theory of Change during contract delivery and do not represent a commitment from DESNZ at this time but may be integrated into the contract over the contract term. All options are subject to further governance controls, contract performance and the continuing needs of the contract. 1. 'Platform' delivery: enabling other UK government budget holders (e.g., FCDO) to secure CFA outputs in other countries where they are additional to the scope of the DESNZ business case. 2. Change in country prioritisation: flexibility to change CFA-supported countries in response to emergent threats and opportunities. 3. Contract extension to enable sustainable exit: flexibility to extend delivery in countries where embedding is likely to occur in the near future but the country does not have sufficient budget allocated. 4. Extension of CFA in existing countries: where CFA has demonstrable success, further funding could be made available to support a higher number of projects or to provide deeper capacity building support. 5. Expansion of technical assistance to financial institutions and other in-country investment vehicles: Boosting CFA's impact by expanding provision of support to relevant CFA stakeholders. 6. Technical support provided for additional sectors: Boosting CFA's impact by expanding provision of support to new sectors. 7. Enhanced direct offer to alumni projects to unlock investment opportunities: deeper support could include awarding grant funding, providing intermediation services, or supporting a deeper online presence to showcase deal opportunities.

Renewal: Detailed modification options are provided in the tender pack. There are modification options of up to PS50.40m during the initial term. The contract term will have extensions of up to, or any portion of, 3 years. There are modification options of up to PS72.60m during the extension period. With all modifications and extensions included, the maximum potential total contract value is up to PS161.75m.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045123
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/060044-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services


CPV Codes

75211200 - Foreign economic-aid-related services

Notice Value(s)

Tender Value
£161,750,000 £100M-£1B
Lots Value
£161,750,000 £100M-£1B
Awards Value
Not specified
Contracts Value
£16,541,667 £10M-£100M

Notice Dates

Publication Date
26 Sep 20254 months ago
Submission Deadline
26 Sep 2024Expired
Future Notice Date
19 May 2024Expired
Award Date
2 Sep 20255 months ago
Contract Period
31 Jan 2025 - 31 Jan 2030 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR ENERGY SECURITY AND NET ZERO
Contact Name
Charlotte Finlay
Contact Email
internationalclimateandenergy.procurement@energysecurity.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 3EG
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

PRICEWATERHOUSECOOPERS

Open Contracting Data Standard (OCDS)

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