Official UK procurement notice
Climate Finance Accelerator (CFA) 2
Authority: Department for Energy Security & Net Zero (Central government)
What is being bought
Published requirement descriptionEARLY MARKET ENGAGEMENT EVENT
The Authority will be hosting an online Early Market Engagement Event Thursday 14th September 10:00 – 11:30 (BST) This event will provide more detail on the Climate Finance Accelerator programme and seek to engage the market on views on the scope of the anticipated next phase of the programme and proposed commercial arrangements. This is a genuine opportunity for the market to influence the scope of the programme and its procurement and interested parties are encouraged to attend.
To register for the event, please complete the online form here: forms.office.com/e/LzriGRWTG2 ↗
PROGRAMME
The Climate Finance Accelerator (CFA) is a technical assistance programme that provides capacity building support primarily to innovative low-carbon sustainable infrastructure projects seeking USD$5m-50m climate finance investment in emerging markets. It is currently funded with £12m over four years from the UK International Climate Finance (ICF) budget. The Authority is considering new funding for a further and expanded delivery phase.
The CFA brings together climate financiers, policymakers, and entrepreneurial and innovative project proponents to identify and overcome barriers to investment. The programme provides tailored capability building support to projects, and support to climate financiers and policymakers to de-risk sustainable investments and build curated investment pipelines for investors.
The CFA is funded by UK Government's Department for Energy Security and Net Zero (DESNZ), as part of the UK Government's £11.6 billion commitment to support ODA-eligible countries to respond to the challenges and opportunities of climate change.
To support delivery of these goals, the CFA will continue to grow in scope and delivery over the course of this proposed contract. Annual programme budget is expected to increase from £3.7m (23/24 forecast) to around £10m (27/28 forecast), with a budget of up to £40m over a five-year period. This will allow the programme to scale the now proven and successful methodology within existing countries and sectors, and to new countries and sectors, and to draw on learnings from ongoing independent evaluation and learning activities.
The main outcomes and outputs of the next phase of CFA could include:
> Developing a robust pipeline of investable sustainable projects, and curating this pipeline for climate financiers.
> Providing tailored support to project proponents to enhance their likelihood of securing climate investment.
> Developing and maintaining a database of climate financiers, and supporting the development of their green finance skillsets.
> Delivering a high-profile and impactful external engagement offer.
> Working with partners (national governments, DFIs, philanthropies, commercial entities) to sustainably embed the CFA process in partner countries.
> Deliver the programme in conscious complementary alignment with the wider DESNZ/UK government portfolio of ICF programmes.
TIMELINE
The existing Services are being delivered via a contract running to November 2024. This procurement will see Services commencing in Summer 2024 for delivery of new programme activity ahead of the end of the existing contract and to allow for a handover period. The new Services are expected to continue until June 2029.
CPV: Foreign economic-aid-related services
The lotProcurement structure
single lot · no lot value publishedLot #1Services to be delivered include but are not limited to:Planned
Services to be delivered include but are not limited to:
PROGRAMME MANAGEMENT
> Develop and maintain a robust delivery plan, including accurate budgeting, risk management, stakeholder and country engagement strategies, and communications plan.
> Procure and work with locally-based in-country delivery partners, and technical experts as required.
> Create and disseminate knowledge products.
> Manage a CFA website.
> Act as an entrepreneurial and innovative partner, actively identifying and suggesting opportunities to the Authority for how to enhance programme impact.
> Develop and deliver an exit strategy.
COUNTRY DELIVERY
> Conduct country scoping, capacity assessments and in-country market engagement.
> Design tailored technical assistance offers for selected countries, including delivering project identification, selection, capacity building, and follow-up support.
> Deliver in-country workshops involving projects, climate financiers, policymakers, and other relevant stakeholders.
> Conduct bespoke capacity building for financiers and policymakers, where required.
> Support curation of investible pipelines to support engagement with investors.
> Deliver an alumni network for projects that have received capacity building through the programme.
> Support completion of the CFA process in 'legacy CFA' countries.
> Support the process of sustainably embedding the CFA and its activities in-country.
> Work alongside other UK and other donor programmes in-country to promote better alignment of objectives.
STAKEHOLDER MANAGEMENT
> Foster relationships between projects, financiers, and policymakers in target countries.
> Work alongside a varied group of stakeholders to discuss partnerships and synergies, including philanthropies, other donor governments, IFI's and others.
> Develop and maintain a database of international and in-country climate financiers.
> Support development of regional hubs.
> Work closely with DESNZ programme team and HMG in-country staff.
> Promote the programme and its work in external events as appropriate.
> Deliver conferences in London and global regions that bring key stakeholders from across countries together to facilitate knowledge sharing at a global level and to showcase the best investment opportunities to climate financiers.
For further information about the existing CFA programme please go to www.gov.uk/government/publicati… ↗ and devtracker.fcdo.gov.uk/projects/GB-GOV-13-I… ↗ Additional information: This Prior Information Notice follows on from the previously published Prior Information Notice (Notice reference: 2023/S 000-017597 - published 20 June 2023).
This Notice is advertising an Early Market Engagement Event where interested parties are encouraged to attend.
Procedure terms & legal framework
From the official record · publisher note attached- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Past planning notice
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 30 Aug 2023, 14:26 BST
- Last source update
- 30 Aug 2023, 14:26 BST
- Authority reference
prj_1830- FTS notice number
2023/S 000-025472- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03f80dFind a Tender
Publisher note: This Notice is linked to Notice reference: 2023/S 000-017597. https://www.find-tender.service.gov.uk/Notice/017597-2023
How it was run
Official notice- Submission deadline
- —
Timeline
30 Aug 2023 → 15 Jan 2024 · 2 dates- Notice published30 Aug 2023, 14:26 BST
- Tender notice expected15 Jan 2024
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.