Stacking of nature market credits
key details
| Value | £1 |
|---|---|
| Status | complete |
| Category (CPV) | 73110000 +6 more |
| Deadline | 18 Sept 2023 |
| Procedure | open |
| OCID | ocds-h6vhtk-03efe0 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Ove Arup and Partners Limited | · | · | active |
description
The Nature Markets Framework, published in March 2023, sets out the principles required<br/>to ensure environmental integrity while combining multiple ecosystem service revenue<br/>streams from a single intervention r (stacking), but Defra is yet to make a decision on<br/>whether to increase the number of circumstances where stacking is allowed in nature<br/>markets. There lacks a sound evidence base to inform this decision, and it is unclear what<br/>stacking model would be most effective at delivering Defra’s environmental and private<br/>finance ambitions as well as the effect on costs to developers within our compliance markets<br/>(biodiversity net gain and nutrient neutrality). This research is a critical enabler to deliver on<br/>Defra’s commitment to provide clarity to landowners on the ability to stack credits on their<br/>land that was set out in the Nature Markets Framework.
notice history
4 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 31 Jul 2023 | Prior information notice (F01) | Earlier regulations | 022094-2023 |
| 15 Aug 2023 | Contract notice (F02) | Earlier regulations | 023861-2023 |
| 24 Aug 2023 | Corrigendum (F14) | Earlier regulations | 024919-2023 |
| 18 Oct 2023 | Contract award notice (F03) | Earlier regulations | 030723-2023 |
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source
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