Local Investment in Natural Capital
Reference ocds-b5fd17-6903cd7a-dc5d-48ec-a931-2e57995a5e1e · West Midlands Combined Authority
Awarded to Finance Earth Ltd for £399,456.
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Amounts and figures
Description
The West Midlands Combined Authority (WMCA) published its Natural Environment Plan (NEP) in September 2021. This was produced in collaboration with stakeholders from the public and third sectors and sets out the Authorities ambition to protect, enhance, and restore the natural environment across the West Midlands, for the benefit of the region's ecosystem, people, and communities. On the back of this NEP work, the WMCA was selected by Government as one of just four areas in the UK to deliver Local Investment in Natural Capital (LINC) programmes. These programmes are key elements in the Government's new Green Finance Strategy (2023) to support a green industrial revolution and transition the UK to a climate resilient, nature-positive, net-zero economy. The ambitions of the LINC programme are aligned with the WMCA's NEP, and this includes the need to explore new financial mechanisms (e.g., leveraging private sector finance, green bonds, climate bonds etc) to help attract investment towards environment driven project opportunities. The WMCA now requires consultancy support from an organisation(s) with significant knowledge and experience in establishing green finance investmen…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Finance Earth Ltd | £399,456 | 9 April 2024 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 1fac6b7d-2292-4622-b72d-779029c04a06-762801 | 19 July 2024 |
| Contracts Finder | 1fac6b7d-2292-4622-b72d-779029c04a06-762801 | 19 July 2024 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 1 February 2024, 12:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £399,456.
- Who is the buyer of this tender?
- The contracting authority is West Midlands Combined Authority (United Kingdom).
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