Buyer	DEFRA — not a council we hold
Supplier	Ernst & Young LLP

Green Finance seek research on the information requirements for nature markets. Green Finance Division stimulated a range of market-based nature financing schemes, that allow industry to stand up schemes that channel private finance to nature recovery - alongside Defra grant awards. Defra seek to build evidence through data analysis research, to consider routes for a Green Finance Registry that brings together funding and environmental outcomes information from existing schemes and provides the service for compliance teams to manage double-funding risk. Interoperable market infrastructure was recognised as a risk for establishing Green Finance markets. We also committed to provide a policy update on market infrastructure, in Summer 2024 - this work will inform policy principles for market infrastructure.

Runs	20 Feb 2024 to 1 May 2024
OCID	ocds-b5fd17-b0890ba3-4e5a-40b9-b1fe-a74f520d1584
Notice	Read it on Contracts Finder

Figures are as published An award value in OCDS may be a framework ceiling rather than a sum anyone expects to spend, so a large figure here is not evidence of a large purchase.