--- title: "Stacking of nature market credits" ocid: "ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEFRA" published: "2023-08-16" --- # Stacking of nature market credits Buyer: DEFRA Current stage: Tender OCID: ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff.json) ## Summary The Department for Environment, Food & Rural Affairs (DEFRA) is inviting tenders for the project "Stacking of nature market credits." This procurement falls under the category of research and development consultancy services. The tender aims to provide an evidence-based understanding of different stacking models in UK nature markets with specific focus on economic, environmental, and social outcomes. The tender deadline for submissions is 18th September 2023, with the contract period running from 16th October 2023 to 31st March 2024. This opportunity is well-suited for businesses offering economic research, research consultancy, market research, financial market regulatory, and environmental issues consultancy services. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are particularly encouraged to apply. The procurement method is an open procedure above threshold, providing equal chances for a diverse range of service providers to contribute to Defra's environmental and financial ambitions through this research project. ## Notice 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. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7ee12743-03b3-4206-b226-d054a0989eac | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Aug 2023 | | Submission deadline | 18 Sep 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 15 Oct 2023 - 31 Mar 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £150,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEFRA | | Locality | LONDON | | Post town | South West London | | Postcode | SW1P 3JR | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### 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 ### Codes - 66152000 - Financial market regulatory services - 73200000 - Research and development consultancy services - 73210000 - Research consultancy services - 79310000 - Market research services - 79311400 - Economic research services - 90713000 - Environmental issues consultancy services ## Release History - 16 Aug 2023 at 10:39 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7ee12743-03b3-4206-b226-d054a0989eac - 15 Aug 2023 at 10:51 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/4d2eed66-dd9d-48fc-8267-48412907805f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/7ee12743-03b3-4206-b226-d054a0989eac 16th August 2023 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/4d2eed66-dd9d-48fc-8267-48412907805f 15th August 2023 - Opportunity notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5a691b29-f6fb-4c98-b787-18a5e45de0ff.json.