--- title: "Climate Innovation Pull Facility - Market Engagement" ocid: "ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50.json" source: "Contracts Finder" current_stage: "Planning" buyer: "BEIS" published: "2023-12-18" --- # Climate Innovation Pull Facility - Market Engagement Buyer: BEIS Current stage: Planning OCID: ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f610dcf7-b5c3-4df8-8214-ed84f5812c50.json) ## Summary The UK Department of Energy Security and Net Zero is planning a procurement process for the Climate Innovation Pull Facility - Market Engagement, seeking to establish a new facility to support climate change mitigation solutions in developing countries. The estimated value of the facility is up to £185 million, subject to final approvals. Interested parties can join an online presentation on 27 February 2024 to learn more about the programme and provide feedback on the commercial structuring and procurement procedure. This tender presents an opportunity for businesses involved in foreign economic-aid-related services, particularly those focusing on clean energy innovation. Small and medium enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are well-suited to engage in this procurement process. The Department aims to create a market demand for innovative solutions through pull mechanisms, emphasising clean energy technologies and business models to tackle climate change. ## Notice Please note that this PIN is issued to inform the market of an upcoming market engagement event and is not a formal PIN marking the start of a procurement procedure. More information about the next steps and forward timeline will be provided in the meeting and in future notices. All information shared in this notice and at the event is indicative and subject to full and final approvals by the Department. The UK Department of Energy Security and Net Zero is exploring the development of a new facility - the Climate Innovation Pull Facility. Through pull finance, this facility will support innovation, scale up and market building for climate change mitigation solutions for developing country contexts, focusing on innovative clean energy technologies and business models in a small number of specific applications/sectors, where the evidence shows support is most needed. The planned facility is up to PS185m, and subject to approvals. If agreed would be part of the Department's International Climate Finance portfolio and funded with Official Development Assistance (ODA). What do we mean by "pull mechanisms"? In public innovation financing, "pull mechanisms" create incentives for innovators and other actors by creating viable market demand. They seek to reduce viability gaps and induce innovation by signalling demand for solutions to specific problems. Mechanisms often cited include Advanced Market Commitments, Results or Outcomes Based Financing, Prizes/Challenges, innovation bulk procurements, Contracts for Difference, among others. By contrast, much innovation support has to date utilised "push mechanisms" directly subsidising up-front R&D costs. In terms of climate mitigation solutions, the facility will have a particular focus on clean energy innovation themes. The work being explored would be linked to the Ayrton Fund commitment by the UK Government, to support clean energy research, development and demonstration (RD&D), as part of the wider UK commitment to tackle climate change. Examples of Ayrton Fund thematic challenges are set out on gov.uk. To explore this concept with stakeholders and the market, the Department hosted some initial engagement in July 2023. As the concept is now progressing further we would like to take the opportunity to provide a further update to the market on our thinking and test some specific ideas for how we plan to structure the facility, in particular some of the commercial elements of the programme. Information from previous sessions can be accessed on our e-sourcing portal: https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55356 Additional information: The team will be hosting an online presentation on 27 February 2024 at 13:00 GMT to share our current thinking on the scope and content of the programme as well as options for commercial structuring and forward procurement procedure. This will be followed by opportunities in the following 2-3 weeks for the market to provide feedback on a one-to-one basis via call or in writing. Opportunities for calls are time-limited at this stage but we hope to offer multiple feedback avenues to enable as much engagement as possible. To attend this presentation, please register interest through the following link by 13:00 25 February 2024. We will then share the link to join the session via Microsoft Teams. If you are registering after this date please also email the procurement inbox at internationalclimateandenergy.procurment@energysecurity.gov.uk so we can ensure you receive joining instructions in time. https://forms.office.com/e/vjCBdKd4bF ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f7a037d9-937d-46a9-b914-5ed09b814073 | | Notice type | Planned Procurement Notice | | Procurement type | Standard | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 18 Dec 2023 | | Submission deadline | Not specified | | Future notice date | 15 Jul 2024 | | Award date | Not specified | | Contract period | 3 Mar 2025 - 30 Mar 2029 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £185,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BEIS | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 2EG | | 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 - 75 - Administration, defence and social security services ### Codes - 75211200 - Foreign economic-aid-related services ## Release History - 18 Dec 2023 at 17:12 - Planning - Planned Procurement Notice - https://www.contractsfinder.service.gov.uk/Notice/f7a037d9-937d-46a9-b914-5ed09b814073 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/f7a037d9-937d-46a9-b914-5ed09b814073 18th December 2023 - Future opportunity notice on Contracts Finder ## Notice URLs - https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55356 - https://forms.office.com/e/vjCBdKd4bF ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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