# Green Finance Research Project on Data Standard for GF Registries

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [DEFRA](/buyers/defra/contract-awards)
- Contract winner: [Ernst & Young LLP](/contract-winners/ernst-young/public-sector-contract-awards)
- Award value: £226,000
- Tender value: £226,000
- Award date: 20 February 2024
- Published: 14 March 2024
- Contract start: 20 February 2024
- Contract end: 1 May 2024
- Stage: awarded
- Procurement category: services
- Notice ID: 3d313a22-36bf-48e2-aba0-1a61b0b4888a-731818
- OCID: ocds-b5fd17-b0890ba3-4e5a-40b9-b1fe-a74f520d1584

## Description

Green Finance seek research on the information requirements for nature markets\. Green Finance Division stimulated a range of market-based nature financing schemes, that allow industry to stand up schemes that channel private finance to nature recovery - alongside Defra grant awards\. Defra seek to build evidence through data analysis research, to consider routes for a Green Finance Registry that brings together funding and environmental outcomes information from existing schemes and provides the service for compliance teams to manage double-funding risk\. Interoperable market infrastructure was recognised as a risk for establishing Green Finance markets\. We also committed to provide a policy update on market infrastructure, in Summer 2024 - this work will inform policy principles for market infrastructure\.

## Related contract awards

- [Fleet Asset-Sharing Optimisation](/contracts/ocds-b5fd17-c4b8f353-8019-423d-8cb9-c3f5fae9bf14): DEFRA
- [FM Asset data collection surveys](/contracts/ocds-b5fd17-ab178708-99b0-4656-ba2e-86b17681aeda): DEFRA
- [Mids - AOMR Lot 2 - AMCO - Sheepwash PSRA](/contracts/ocds-b5fd17-341c0fed-8cd0-4bbd-9794-6315aa203df1): DEFRA
- [Executive Coaching 2026/27](/contracts/ocds-b5fd17-e0f7ca82-1144-41e8-a93d-1839116f14d1): National Audit Office
- [Records Management SMEs 26\+](/contracts/ocds-b5fd17-c0b24a73-bdcd-4a06-98a1-4705c50cdf30): FCA
- [Insurance File Review](/contracts/ocds-b5fd17-186945b9-32b4-4d7d-9e1c-3319a907c106): FCA

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/3d313a22-36bf-48e2-aba0-1a61b0b4888a-731818)