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PROCUREMENT OPPORTUNITY

Climate Finance Accelerator (CFA) 2 Global Delivery Partner

Department for Energy Security and Net Zero · compiled

Tender information last checkedLast checked 29 Sept 2026, 19:12.

Opportunity overview

The Climate Finance Accelerator is part of the UK’s efforts to support climate action at scale by improving the quality of emerging green businesses and initiatives in Emerging Markets and Developing Economies and matches them to relevant investors. It also fosters action to address relevant policy and regulatory barriers. This contract is for a Global Delivery Partner for CFA to manage and deliver the programme including identifying, selecting and providing technical assistance to eligible projects to increase the likelihood that they will receive investment. The CFA is funded by UK Government’s Department for Energy Security and Net Zero (DESNZ), under the International Climate Finance (ICF) portfolio, as part of the UK Government's £11.6 billion commitment to support ODA-eligible countries to respond to the challenges and opportunities of climate change.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

PricewaterhouseCoopers LLP

Matched by exact name
Contract value
£16.5m
Awarded
Not supplied
Contract signed
2 Sept 2025
Award ID
060044-2025-con_8706-1
Status
active
Identifier
OC 303525
Location
London, UK, WC1N 6RH, United Kingdom

Classification

  • CPV75211200 — Foreign economic-aid-related services

Lots

  • The contract is for a global delivery partner for the Climate Finance Accelerator 2 (CFA 2) to manage, oversee and deliver the programme. The programme will provide technical support to eligible projects. CFA 2 aims to increase the flow of predominantly private sector climate finance to support low-carbon climate resilient projects with sustainable development benefits and, in doing so, support the implementation of supported countries’ climate mitigation efforts. To meet this objective, the CFA 2 delivery partner will develop a high-volume pipeline of bankable projects in Emerging Markets and Developing Economies (EMDEs) that dovetail with upstream progress (e.g. policy/regulatory reform) to enable the investment environment. Working closely with investors, CFA 2 will increase investor interest and appetite to engage with and invest in low-carbon projects in supported countries. The elements of the Statement of Requirements to be delivered by the supplier are listed below: Workstream A: Global management and oversight 1) Element 1 - Establishment of global operations 2) Element 2 - Confirmation of country delivery approach 3) Element 3 - Stakeholder management 4) Element 4 - Regional and UK events 5) Element 5 - Knowledge products and sharing 6) Element 6 - Monitoring and Evaluation 7) Element 7 - Reporting 8) Element 8 - Programme management and governance Workstream B: Country delivery and project support 9) Element 9 - Landscape review and establishment of country operations 10) Element 10 - Project selection 11) Element 11 - Provision of project specific support 12) Element 12 - Sustainable embedding of the CFA markers within local financial ecosystems£161.8m

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
prj_1830
Status
complete
Has Recurrence
No
Procurement Method
open
Main Procurement Category
services
Procurement Method Details
Open procedure

Covered By

GPA

Bid Opening

Date
26 Sept 2024, 13:00

Legal basis

Id
32014L0024
Scheme
CELEX

Expected award period

Starts
26 Sept 2024, 13:00

Tender Period

Ends
26 Sept 2024, 13:00

Communication

Future Notice Date
20 May 2024, 00:00

Classification

Id
75211200
Scheme
CPV
Description
Foreign economic-aid-related services

Submission terms

Languages

en

Bid Validity Period

Duration In Days
360

Submission Method

electronicSubmission
written

Other Requirements

Requires Staff Names And Qualifications
Yes

Lots and requirements

Entry 1
Id
1
Status
cancelled
Has Options
Yes
Has Renewal
Yes
Description
The contract is for a global delivery partner for the Climate Finance Accelerator 2 (CFA 2) to manage, oversee and deliver the programme. The programme will provide technical support to eligible projects. CFA 2 aims to increase the flow of predominantly private sector climate finance to support low-carbon climate resilient projects with sustainable development benefits and, in doing so, support the implementation of supported countries’ climate mitigation efforts. To meet this objective, the CFA 2 delivery partner will develop a high-volume pipeline of bankable projects in Emerging Markets and Developing Economies (EMDEs) that dovetail with upstream progress (e.g. policy/regulatory reform) to enable the investment environment. Working closely with investors, CFA 2 will increase investor interest and appetite to engage with and invest in low-carbon projects in supported countries. The elements of the Statement of Requirements to be delivered by the supplier are listed below: Workstream A: Global management and oversight 1) Element 1 - Establishment of global operations 2) Element 2 - Confirmation of country delivery approach 3) Element 3 - Stakeholder management 4) Element 4 - Regional and UK events 5) Element 5 - Knowledge products and sharing 6) Element 6 - Monitoring and Evaluation 7) Element 7 - Reporting 8) Element 8 - Programme management and governance Workstream B: Country delivery and project support 9) Element 9 - Landscape review and establishment of country operations 10) Element 10 - Project selection 11) Element 11 - Provision of project specific support 12) Element 12 - Sustainable embedding of the CFA markers within local financial ecosystems

Value

Amount
161,750,000
Currency
GBP

Options

Description
The initial contract term is 5 years with an initial value of £19.85m (including VAT). Modification options exist in the contract to increase the value of the 5 year initial term by up to £69.3m to a total maximum of up to £89.15m (including VAT). The contract has further options to extend the term for up to 3 years or any portion of 3 years, and the value by a further £72.60m (including VAT). With all modifications and extensions included, the maximum potential total contract value is £161.75m (including VAT) and the maximum term is 8 years to 31 August 2033. The possible modification options listed below provide scope options to support CFA's Theory of Change during contract delivery and do not represent a commitment from DESNZ at this time but may be integrated into the contract over the contract term. All options are subject to further governance controls, contract performance and the continuing needs of the contract. 1. 'Platform' delivery: enabling other UK government budget holders (e.g., FCDO) to secure CFA outputs in other countries where they are additional to the scope of the DESNZ business case. 2. Change in country prioritisation: flexibility to change CFA-supported countries in response to emergent threats and opportunities. 3. Contract extension to enable sustainable exit: flexibility to extend delivery in countries where embedding is likely to occur in the near future but the country does not have sufficient budget allocated. 4. Extension of CFA in existing countries: where CFA has demonstrable success, further funding could be made available to support a higher number of projects or to provide deeper capacity building support. 5. Expansion of technical assistance to financial institutions and other in-country investment vehicles: Boosting CFA's impact by expanding provision of support to relevant CFA stakeholders. 6. Technical support provided for additional sectors: Boosting CFA's impact by expanding provision of support to new sectors. 7. Enhanced direct offer to alumni projects to unlock investment opportunities: deeper support could include awarding grant funding, providing intermediation services, or supporting a deeper online presence to showcase deal opportunities.

Renewal

Description
Detailed modification options are provided in the tender pack. There are modification options of up to £50.40m during the initial term. The contract term will have extensions of up to, or any portion of, 3 years. There are modification options of up to £72.60m during the extension period. With all modifications and extensions included, the maximum potential total contract value is up to £161.75m.

Award criteria

Criteria

Criterion 1
Type
price

Contract period

Ends
31 Jan 2030, 23:59
Starts
31 Jan 2025, 00:00

Submission terms

Variant Policy
notAllowed

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UK
Entry 2
Region
UK
Entry 3
Region
UK

Additional Classifications

Entry 1
Id
75211200
Scheme
CPV
Description
Foreign economic-aid-related services

Published documents

Entry 1
Id
economic
Document Type
economicSelectionCriteria
Entry 2
Id
technical
Document Type
technicalSelectionCriteria

Buyer, suppliers and contacts

Organisation 1
Id
GB-FTS-99011
Name
Department for Energy Security and Net Zero

Roles

buyer
centralPurchasingBody

Address

Region
UK
Locality
London
Postal Code
SW1A 3EG
Country Name
United Kingdom
Street Address
3-8 Whitehall Place

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Id
01
Scheme
COFOG
Description
General public services

Identifier

Legal Name
Department for Energy Security and Net Zero

Contact

Name
Charlotte Finlay
Organisation 2
Id
GB-FTS-94110
Name
Department for Energy Security and Net Zero

Roles

buyer

Address

Region
UK
Locality
London
Postal Code
SW1A 2EG
Country Name
United Kingdom
Street Address
3-8 Whitehall Place

Details

Classifications

Entry 1
Id
MINISTRY
Scheme
TED_CA_TYPE
Description
Ministry or any other national or federal authority, including their regional or local subdivisions
Entry 2
Id
01
Scheme
COFOG
Description
General public services

Identifier

Legal Name
Department for Energy Security and Net Zero

Contact

Name
Charlotte Finlay
Organisation 3
Id
GB-FTS-103
Name
Public Procurement Review Service

Roles

reviewBody

Address

Locality
London
Country Name
United Kingdom
Street Address
Cabinet Office

Details

Identifier

Legal Name
Public Procurement Review Service

Contact

Telephone
+44 3450103503
Organisation 4
Id
GB-FTS-162159
Name
PricewaterhouseCoopers LLP

Roles

supplier

Address

Region
UK
Locality
London
Postal Code
WC1N 6RH
Country Name
United Kingdom
Street Address
1 Embankment Place, London

Details

Scale
large

Identifier

Id
OC 303525
Legal Name
PricewaterhouseCoopers LLP
Organisation 5
Id
GB-FTS-6261
Name
Royal Courts of Justice

Roles

reviewBody

Address

Locality
London
Postal Code
WC1A 2LL
Country Name
United Kingdom
Street Address
The Strand

Details

Identifier

Legal Name
Royal Courts of Justice

Award information

Award 1
Id
060044-2025-con_8706-1
Title
Climate Finance Accelerator 2 - Global Delivery Partner
Status
active

Suppliers

Supplier 1
Id
GB-FTS-162159
Name
PricewaterhouseCoopers LLP

Related lots

1

Contracts and changes

Entry 1
Id
060044-2025-con_8706-1
Title
Climate Finance Accelerator 2 - Global Delivery Partner
Status
active
Award ID
060044-2025-con_8706-1
Date Signed
3 Sept 2025, 00:00

Value

Amount
16,541,667
Currency
GBP

Recorded locations

  • Buyer location · London · UK · SW1A 2EG · United Kingdom
  • Delivery location · UK

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. ocds-h6vhtk-045123-2025-09-26T11:11:43+01:00compiled ·