Description
The Climate Finance Accelerator (CFA) is part of the UK Government's efforts to support climate action at scale. The program seeks to improve 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.
Since 2020, the CFA has supported 233 projects across 10 countries, with the first 50 securing deals worth over $400m. The Department for Energy Security and Net Zero (DESNZ) is currently procuring a Global Supplier to deliver the next five-year phase of the CFA (CFA 2), which is expected to support at least a further 800 projects in 16 countries.
This procurement exercise aims to source a supplier to act as an Evaluation Partner for CFA 2. Evaluation activities are essential given the continued evolution, enlarged scope, and expanded duration of CFA, which increases the opportunities to build and share the evidence base for capacity building programs. Climate accelerator programs are increasing in number, though CFA continues to be differentiated in its ability to link entrepreneurs with public and private stakeholders across multiple sectors, geographies, and project types, and its focus on more mature projects that are seeking commercial investment rather than earlier-stage projects seeking pre-seed support. Opportunities to test the CFA relevance and additionality in a dynamic climate finance landscape will be key to its continued relevance, impact, and value.
This requirement is being sourced via the Open procedure under PCR (2015).
The contract is estimated to commence in June 2025 and end in December 2029.
The contract value will be up to £1,000,000 excluding UK VAT but including all other taxes.
There is an option to extend, by an additional 36 months and £3,050,000 excluding UK VAT but including all other taxes. Bringing the maximum potential contract value to £4,050,000 excluding UK VAT but including all other taxes.
Please register on our e-sourcing tool Jaggaer: https://beisgroup.ukp.app.jaggaer.com to participate in the tendering exercise.