Climate Finance Accelerator (CFA) 2 Global Delivery Partner
Value
£161,750,000
Classifications
- Foreign economic-aid-related services
Tags
- tender
Submission Deadline
4 days from now
Published
2 months ago
Description
The Climate Finance Accelerator is part of the UK’s efforts to support climate action at scale by improving 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. So far, under the current £12.4m phase of the programme, nearly 200 projects have been supported across ten countries. The first 30 of these projects have progressed to close deals worth $344m. The CFA is funded by UK Government’s Department for Energy Security and Net Zero (DESNZ), under the International Climate Finance (ICF) portfolio, 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. DESNZ is procuring the next phase of the programme. The second phase of CFA (CFA 2) is expected to support at least 800 projects in 16 countries. The initial contract term will be 5 years. The value of the 5 year initial term is £38.75m with modification options of up to £50.40m, totalling up to £89.15m for the 5 year initial term. The contract will have options to extend up to 3 years or any portion of 3 years, with further modification options of up to £72.60m. With all modifications and extensions included, the maximum potential total contract value is £161.75m.
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Organisation
Charlotte Finlay
+44 3450103503
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