Saltmarsh carbon code. Phase 2 scoping

A Contract Award Notice
by DEFRA

Source
Contracts Finder
Type
Contract (Notapplicable)
Duration
2 month
Value
£11K-£11K
Sector
PROFESSIONAL
Published
30 Mar 2023
Delivery
01 Feb 2023 to 31 Mar 2023
Deadline
18 Jan 2023 23:59

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The Saltmarsh Code project, started in 2021, is to develop a UK domestic Saltmarsh Code to be available for projects in the UK, providing the financial pipeline to generate revenue to finance delivery of saltmarsh restoration. The goal is to create a rigorous and scientifically based voluntary certification standard, to be adopted within the voluntary carbon market, enabling saltmarsh carbon to be marketed and traded as carbon offsets, whilst providing assurances to buyers that the climate benefits being sold are real, quantifiable, additional, and permanent. The UK Saltmarsh Code will promote new habitat creation that would not otherwise be taking place. If designed so only UK companies - or UK arms of international companies - can invest, this additional restoration will contribute to the UK net-zero targets, providing more space for saltmarshes to trap and store carbon dioxide from the atmosphere - a nature-based solution to climate change mitigation.

Award Detail

1 UK Centre for Ecology & Hydrology Ukceh (Wallingford)
  • Value: £11,096

CPV Codes

  • 73000000 - Research and development services and related consultancy services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Reference

Domains