Evaluation of London Climate Finance Facility Market Engagement
Reference ocds-b5fd17-b0223f39-0210-40e4-afd4-905968c0a661 · Transport for London
Prior notice.
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Description
The Greater London Authority (GLA) as the Contracting Authority is initiating a market engagement exercise for the evaluation of the London Climate Finance Facility (LCFF). The purpose of this exercise is to gather insights from potential suppliers regarding their capabilities, methodologies, and pricing structures in order to inform the procurement process. It is estimated that it will require in excess of £75 billion of infrastructure investment by 2030 to achieve London's net-zero target. This will need to come from a mix of public and private finance, investment and grant funding. Therefore, in 2023 the Mayor extended his programmes and launched a new London Climate Finance Facility (LCFF). Its aims are: 1. To unlock billions of long-term, flexible, private finance to support the decarbonisation of London's buildings, energy and transport systems, thereby tackling the triple dangers of toxic air pollution, climate change and congestion. 2. To accelerate significantly the development and delivery of climate and environmental projects, working with strategic partners. 3. To build on London's existing financing capabilities to secure investment for London and stren…
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 4649db8a-3301-482e-9869-6918f776dc22-750364 | 13 May 2024 |
| Contracts Finder | 4649db8a-3301-482e-9869-6918f776dc22-750364 | 13 May 2024 |
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