Closed

Stacking of nature market credits

Defra Network eTendering Portal · £1 · closes 18 Sept 2023

£1

Estimated value

Closed

Deadline

15 Aug 2023

Published

This tender has closed.

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About this contract

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.

Key dates

Published15 Aug 2023
Submission deadline18 Sept 2023 Add to calendar ↓

Source

Source notice on Find a TenderView ↗

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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.£1

Who to contact

NameJemma Godleman

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