05284-2023 Local Investment in Natural Capital (LINC)

A Tender Notice
by WEST MIDLANDS COMBINED AUTHORITY

Source
Contracts Finder
Type
Contract (Services)
Duration
1 year
Value
£420K
Sector
BUSINESS
Published
02 Jan 2024
Delivery
19 Mar 2024 to 14 Mar 2025
Deadline
01 Feb 2024 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

Description

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.

CPV Codes

  • 66171000 - Financial consultancy services

Indicators

  • Contract is suitable for SMEs.

Other Information

Bidders should refrain from using any other forms of direct communication other than the Bravo. Once registered, please search for Project_777, ITT_1373, Local Investment in Natural Capital (LINC), in order to gain access to the tender documentation. https://wmca.bravosolution.co.uk

Reference

Domains