Skip to main content

We've saved some files called cookies on your device. These cookies are:

  • essential for the site to work
  • to help improve our website by collecting and reporting information on how you use it

We would also like to save some cookies to help tailor communications.

BETA
You're viewing an updated version of this service - your feedback will help us to improve it.

Contract Award Notice

Green Finance Toolkit

  • First published: 16 August 2024
  • Last modified: 16 August 2024
  • Record interest

     

  • This file may not be fully accessible.

  •  

Information icon

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-044f51
Published by:
Department for Energy Security & Net Zero
Authority ID:
AA84185
Publication date:
16 August 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Background

Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system.

The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming.

Requirements

The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement.

These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Department for Energy Security & Net Zero

Trinity Bridge House, 2 Dearmans Place

Salford

M3 5BS

UK

E-mail: internationalclimateandenergy.procurement@energysecurity.gov.uk

NUTS: UK

Internet address(es)

Main address: https://www.gov.uk/government/organisations/department-for-energy-security-and-net-zero

I.4) Type of the contracting authority

Ministry or any other national or federal authority, including their regional or local subdivisions

I.5) Main activity

Environment

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Green Finance Toolkit

Reference number: prj_3312

II.1.2) Main CPV code

75211200

 

II.1.3) Type of contract

Services

II.1.4) Short description

Background

Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system.

The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming.

Requirements

The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement.

These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 268 743.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Background

Putting in place the conditions to align global financial flows with the Paris Agreement's goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system.

The UK has a number of levers to develop and implement 'greening finance' measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming.

Requirements

The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and (3) a set of 'how to' guides setting out how to approach the development of a coherent green finance policy framework, incorporating learning from the UK's approach, to be used in international engagement.

These will be HMG-owned products with (1) being an internal document; (2) being used internally and with delivery partners; and (3) being used in external communications. Our preference is for (1) and (2) to be delivered by the same supplier given the close links between the two products, though we welcome separate proposals. (3) could be developed by a separate supplier if beneficial and we would welcome proposals from consortia.

II.2.5) Award criteria

Quality criterion: Methodology / Weighting: 40

Quality criterion: Team structure, experience, and technical expertise / Weighting: 30

Quality criterion: Contract management / Weighting: 20

Quality criterion: Social Value / Weighting: 10

Price / Weighting:  100

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

Price is not the only award criterion and all criteria are stated only in the procurement documents.

Tender was run using price per quality point methodology.

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2024/S 000-010784

IV.2.9) Information about termination of call for competition in the form of a prior information notice

The contracting authority will not award any further contracts based on the above prior information notice

Section V: Award of contract

Title: Green Finance Toolkit

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

23/07/2024

V.2.2) Information about tenders

Number of tenders received: 8

Number of tenders received by electronic means: 8

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Grant Thornton UK LLP

OC307742

30 Finsbury Square

London

EC2A 1AG

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 268 743.00  GBP

V.2.5) Information about subcontracting

The contract is likely to be subcontracted

Value or proportion likely to be subcontracted to third parties

Proportion: 40 %

Short description of the part of the contract to be subcontracted:

Survey responses and stakeholder engagement

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Department for Energy Security and Net Zero Integrated Corporate Services

London

UK

VI.5) Date of dispatch of this notice

15/08/2024

Coding

Commodity categories

ID Title Parent category
75211200 Foreign economic-aid-related services Foreign-affairs services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
internationalclimateandenergy.procurement@energysecurity.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

0800 222 9004

Lines are open 8:30am to 5pm Monday to Friday.

Rydym yn croesawu galwadau'n Gymraeg.

We welcome calls in Welsh.