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Tenfell
Awarded contract
Published 01 Mar 2021

Blue Impact Funding

Defra Network eTendering Portal · United Kingdom

Key facts

Contract value
£36,667
Awarded
26 Feb 2021
Contract starts
01 Mar 2021
Contract ends
30 Sep 2021
Procedure
Single tender action (below threshold)
Buyer type
Central government

Awarded to

SupplierValue
Finance Earth£36,667

Description

Finance Earth, in partnership with WWF, have designed and proposed a Blue Impact Fund (BIF) and Ocean Recovery Trust (ORT) to attract and manage impact investment (BIF) and philanthropic / grant investment (ORT) for the marine and coastal environment. This fund was one of the key output recommendations from the Marine Pioneer. It should result in additional funding being available to support the DEFRA group's coastal restoration and fishery ambitions and will pioneer an innovative financing approach for the environment. The DEFRA group seek to engage Finance Earth to progress and complete the set-up of the BIF and ORT. Deliverables include draft fund strategies and proposals, fund set-up and incorporation and outputs delivered to support data and knowledge sharing between our respective organisations.

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