Stacking of nature market credits

Concepts

• nature markets framework
• economic research
• nature market credits
• credits
• compliance markets
• stacking
• financial market regulatory
• market research
• defra
• research services

Location

United Kingdom:

Description

The Nature Markets Framework, published in March 2023, sets out the principles requiredto ensure environmental integrity while combining multiple ecosystem service revenuestreams from a single intervention r (stacking), but Defra is yet to make a decision onwhether to increase the number of circumstances where stacking is allowed in naturemarkets. There lacks a sound evidence base to inform this decision, and it is unclear whatstacking model would be most effective at delivering Defra’s environmental and privatefinance ambitions as well as the effect on costs to developers within our compliance markets(biodiversity net gain and nutrient neutrality). This research is a critical enabler to deliver onDefra’s commitment to provide clarity to landowners on the ability to stack credits on theirland that was set out in the Nature Markets Framework.

Renewal Options

Option to extend for a maximum of 12 months.

Award Criteria

CPV Codes

• 79311400 - Economic research services
• 73210000 - Research consultancy services
• 73110000 - Research services
• 73200000 - Research and development consultancy services
• 73000000 - Research and development services and related consultancy services
• 66152000 - Financial market regulatory services
• 79310000 - Market research services
• 90713000 - Environmental issues consultancy services

Indicators

• This is a one-off contract (no recurrence)
• Options are available.
• Renewals are not available.

Other Information

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