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Tender Details
- Country: United Kingdom
- Summary: Big Nature Impact Fund - Request for Proposal
- GBT Ref No: 60226281
- Deadline: 28 Jan 2022
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: -
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: tender_277658/1015742
- Purchaser's Detail :
- Description :
- Title : Big Nature Impact Fund - Request for Proposal
Location Of Contract : Any region
Industry : Financial and insurance services - 66000000
Value Of Contract : £0
Description : Defra is launching a competition to appoint a Fund Manager for the Big Nature Impact Fund (BNIF), a proposed public-private blended finance vehicle with up to £30 million public investment.In the England Trees Action Plan, Defra committed to create an impact fund which could leverage private finance into new natural capital markets for carbon, water quality, biodiversity, natural flood alleviation and other ecosystem services.In Summer 2021, Defra launched a Request for Information to seek market insight on the Fund's design. Now, Defra is seeking proposals from potential managers for how they would design and run the Fund.The Fund has the following policy objectives:1. Create a legacy of investor confidence in ecosystem services markets by demonstrating the viability of investments at scale.2. Further develop and pilot new business models for ecosystem services.3. Increase viability of more natural environment projects.4. Leverage private finance to increase rates of tree planting, woodland creation, peatland restoration, and habitat creation.5. Realise the benefits of nature-based solutions, including carbon sequestration, biodiversity gains, water quality improvements, natural flood management,and the associated social and economic benefits.6. G... - Documents :
Purchaser : DEFRA NETWORK ETENDERING PORTAL
17 Nobel House London SW1P 3JR England
Contact Person : Easain
Email :easain.ullah@defra.gov.uk
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