Tender Details

Country: United Kingdom
Summary: Climate Innovation Pull Facility (Cipf) - Facility Manager
GBT Ref No: 111483826
Deadline: 20 Jan 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: tender_304184/1433679
Purchaser's Detail:
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Description:
Please note that this PIN is issued to inform the market of an upcoming market engagement event. More information about the next steps and forward timeline will be provided in the meeting and in future notices. All information shared in this notice and at the event is indicative and subject to full and final approvals by the Department.

The UK Department of Energy Security and Net Zero is planning to procure a supplier to manage a new facility - the Climate Innovation Pull Facility. Through pull finance, this facility will support innovation, scale up and market building for climate change mitigation solutions for developing country contexts, focusing on innovative clean energy technologies and business models in a small number of specific applications/sectors, where the evidence shows support is most needed.

In public innovation financing, "pull mechanisms" create incentives for innovators and other actors by creating viable market demand. They seek to reduce viability gaps and induce innovation by signalling demand for solutions to specific problems. Mechanisms often cited include Advanced Market Commitments, Results or Outcomes Based Financing, Prizes/Challenges, innovation bulk procurements, Contracts for Difference, among others. By contrast, much innovation support has to date utilised "push mechanisms" directly subsidising up-front R&D costs.

In terms of climate mitigation solutions, the CIPF will support the development of innovation projects alig...
Documents:

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Climate Innovation Pull Facility (Cipf) - Facility Manager - Unitedkingdom Tender

The DESNZ, a Government sector organization in United Kingdom, has announced a new tender for Climate Innovation Pull Facility (Cipf) - Facility Manager. This tender is published on UnitedkingdomTenders under GBT Ref No: 111483826 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-01-20.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.