Green Finance Toolkit

DESNZ · awarded 23 July 2024

£269k Award value £268,743
1 Supplier Recorded as a large business
3 Mar 2025 Runs until from 23 Jul 2024

Who

BuyerDESNZ Salford
Supplier Grant Thornton UK LLP
Categoryservices
ClassificationResearch services CPV 73110000
Notice published15 August 2024

What it is for

Background Putting in place the conditions to align global financial flows with the Paris Agreements goals is a critical enabler of UK climate policy objectives, including to enable low carbon and climate resilient growth in emerging markets and developing economies (EMDEs). To achieve this, in addition to direct and indirect mobilisation of finance there is a global need for a shift in the financial system. The UK has a number of levers to develop and implement;greening finances; measures, this includes furthering our domestic policy framework, engaging in multilateral supporting voluntary standards setting initiatives, and through green finance capacity building for EMDEs. Given the pace and scale of the change needed and the globally linked nature of the financial system, it is crucial that technical assistance efforts in EMDEs and global policy initiatives move in tandem to build lasting capacity, enable market access, and ensure environmental integrity. In the 2023 Green Finance Strategy, the UK therefore committed to work with industry and country partners to develop a toolkit for optimising support for the greening of financial systems in EMDEs. This project seeks to achieve this through the development of a Green Finance Toolkit which will provide research insights and tools to support UK government processes and strategy development, including in relation to UK International Climate Finance (ICF) programming. Requirements The Green Finance Toolkit package will include (1) an internal report to government providing lessons learned and recommendations for future specific UK interventions; (2) the development of a Diagnostic Toolkit based on report findings to support engagement with countries and the triaging and sequencing of technical assistance requests; and…

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