RFP QuestBeta
ClosedStage · contract

West Midlands Combined Authority

05284-2023 Local Investment in Natural Capital (LINC)

Financial ServicesCPV 66171000
ValueValue not published
Deadline1 Feb 2024
Published2 Jan 2024
RegionWest Midlands
Timeline
Published 2 Jan 2024ClosedCloses 1 Feb 2024
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The brief

The WMCA has been selected as one of just four areas in the UK to deliver Local Investment in Natural Capital (LINC) programmes.

These programmes are elements in the Government's new Green Finance Strategy (2023) to support a green industrial revolution and transition to a climate resilient, nature-positive, net-zero economy.

The ambitions of the LINC programme, to enable the public sector (and their third sector partners) to become more market-facing with their projects and programmes, align exactly with the WMCA's delivery of the NEP.

The WMCA LINC programme aims to enable the region to be in a state of readiness to attract private finance into natural capital projects by 31st Jan 2025, through building the capacity, effective governance arrangements, and capability of local leaders and partner organisations.

The WMCA requires consultancy support from an organisation(s) with significant knowledge and experience in establishing green finance investment vehicles/funds/platforms, developing investment ready natural capital pipelines/portfolios (ideally within an urban context), and a track record in securing blended finance.

Key requirements

What the supplier must deliver

01

The WMCA has been selected as one

The WMCA has been selected as one of just four areas in the UK to deliver Local Investment in Natural Capital (LINC) programmes.

02

These programmes are elements in the Government's

These programmes are elements in the Government's new Green Finance Strategy (2023) to support a green industrial revolution and transition to a climate resilient, nature-positive, net-zero economy.

03

The WMCA requires consultancy support from

The WMCA requires consultancy support from an organisation(s) with significant knowledge and experience in establishing green finance investment vehicles/funds/platforms, developing investment ready natural capital pipelines/portfolios (ideally within an urban context), and a track record in securing blended finance.

Derived from the notice text — always confirm against the original documents.

What this bid requires

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Source & provenance
OCID
c2daedb4-c27a-4fe6-86e9-70c3e2fb7e96
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
tender_402278/1297390
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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