Climate Finance Accelerator (CFA) Independent Advisor
Key facts
- Contract value
- £100,000
- Awarded
- 29 Jul 2024
- Contract starts
- 31 Jul 2024
- Contract ends
- 31 Jan 2026
- Procedure
- Open procedure (below threshold)
- Buyer type
- Central government
- Source
- Contracts Finder
Awarded to
| Supplier | Value |
|---|---|
| Ian Callaghan Associates Limited | £100,000 |
Description
The Climate Finance Accelerator (CFA) 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.
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.
Since November 2020, under the current £12.4m phase of the programme, the CFA has supported around 200 projects across ten countries. Thirty of these projects have since progressed to close deals worth $344m, with more deals expected in the coming months.
DESNZ is currently procuring a second phase of the programme to support at least 800 projects across 16 countries (Brazil, Colombia, Egypt, India, Indonesia, Jordan, Kenya, Malaysia, Mexico, Pakistan, Peru, the Philippines, South Africa, Thailand, Türkiye, and Viet Nam) until December 2029.
The programme is supported by an independent advisor whose primary responsibilities are to:
- Provide expert advice on market maturity for CFA countries, availability of bankable projects, and suitability of the enabling environment to inform country selection process.
- Provide strategic guidance to in-country processes and wider programme implementation.
- Facilitate links to relevant financiers, helping secure participation at events.
- Participate and facilitation in CFA workshops, as required.
- Participate in the CFA Advisory Board.
- Support the CFA embedding process.
- Proactively identify opportunities and threats to the CFA and to propose solution where relevant.
- Ad-hoc advice on matters relating to the successful delivery of the CFA programme as needed.
This Contract Award is for an Independent Advisor who will collaborate with DESNZ to deliver CFA.
The initial length of the contract is 18 months, with an option to extend for an additional 18 months.
The contract has a value of £100,000 (Inclusive of Vat and Taxes) for the initial 18 months. If the option to extend is taken, then the contract may be uplifted by an additional £100,000 (Inclusive of Vat and Taxes). Any uplift in contract value is subject to the approval of DESNZ and is not guaranteed.
Additional information: Copy of Redacted Contract
Categories (CPV)
- 75211200 Foreign economic-aid-related services
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