Climate Finance Accelerator (CFA) 2 Global Delivery Partner

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. Lot 1: The Department is looking to commission a Global Delivery Partner for CFA 2 to manage, oversee and deliver the programme. The programme will provide technical support to minimum 800 projects across 16 countries. CFA 2 aims to increase the flow of predominantly private sector climate finance to support low-carbon climate resilient projects with sustainable development benefits and, in doing so, support the implementation of supported countries’ climate mitigation efforts. To meet this objective, CFA 2 will develop a high-volume pipeline of bankable projects in EMDEs that dovetail with upstream progress to enable the investment environment. Working closely with investors, CFA 2 will increase investor interest and appetite to engage with and invest in low-carbon projects in supported countries. The elements of the Statement of Requirements are listed below: Workstream A: Global management and oversight 1) Element 1 - Establishment of global operations 2) Element 2 - Confirmation of country delivery approach 3) Element 3 - Stakeholder management 4) Element 4 - Regional and UK events 5) Element 5 - Knowledge products and sharing 6) Element 6 - Monitoring and Evaluation 7) Element 7 - Reporting 8) Element 8 - Programme management and governance Workstream B: Country delivery and project support 9) Element 9 - Landscape review and establishment of country operations 10) Element 10 - Project selection 11) Element 11 - Provision of project specific support 12) Element 12 - Sustainable embedding of the CFA markers within local financial ecosystems The possible modification options listed below provide options to support CFA's Theory of Change during contract delivery and do not represent a commitment from DESNZ at this time but may be integrated into the contract over the contract term. All options are subject to further governance controls, contract performance and the continuing needs of the contract. 1. 'Platform' delivery: enabling other UK government budget holders (e.g., FCDO) to secure CFA outputs in other countries where they are additional to the scope of the DESNZ business case. 2. Change in country prioritisation: flexibility to change CFA-supported countries in response to emergent threats and opportunities. 3. Contract extension to enable sustainable exit: flexibility to extend delivery in countries where embedding is likely to occur in the near future but the country does not have sufficient budget allocated. 4. Extension of CFA in existing countries: where CFA has demonstrable success, further funding could be made available to support a higher number of projects or to provide deeper capacity building support. 5. Expansion of technical assistance to financial institutions and other in-country investment vehicles: Boosting CFA's impact by expanding provision of support to relevant CFA stakeholders. 6. Technical support provided for additional sectors: Boosting CFA's impact by expanding provision of support to new sectors. 7. Enhanced direct offer to alumni projects to unlock investment opportunities: deeper support could include awarding grant funding, providing intermediation services, or supporting a deeper online presence to showcase deal opportunities. Questions relating to this tender should be submitted via the Jaggaer portal only. Procurement documents should be accessed at this link: https://beisgroup.ukp.app.jaggaer.com/go/9541816701905A48C8C4