05284-2023 Local Investment in Natural Capital (LINC)
West Midlands Combined Authority · West Midlands
Key facts
- Estimated value
- £420,000
- Closing date
- 01 Feb 2024
- Contract starts
- 19 Mar 2024
- Contract ends
- 14 Mar 2025
- Procedure
- Open procedure (below threshold)
- Buyer type
- Local government
- Source
- Contracts Finder
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.
Categories (CPV)
- 66171000 Financial consultancy services
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