Defra Network eTendering Portal · Awarded contract
Awarded

Set-up of Blue Impact Fund and Ocean Recovery Trust for Marine and Coastal Environment

Awarded 01 Mar 2021

View live tenders
Awarded01 Mar 2021
Value£36,667.00
SupplierFinance Earth
AgencyDefra Network eTendering Portal
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 5y 1mo ago7mo term
Awarded 1 Mar 2021Expired 29 Sept 2021

About

Defra Network eTendering Portal awarded a contract to Finance Earth for the progression and completion of the set-up of the Blue Impact Fund (BIF) and Ocean Recovery Trust (ORT).

The BIF and ORT were designed by Finance Earth in partnership with WWF to attract and manage impact investment and philanthropic/grant investment for the marine and coastal environment.

This fund was a key output recommendation from the Marine Pioneer and aims to provide additional funding for the DEFRA group's coastal restoration and fishery ambitions, pioneering an innovative financing approach for the environment.

Deliverables include draft fund strategies and proposals, fund set-up and incorporation, and outputs to support data and knowledge sharing between the organisations.

The contract value is £36,667.

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