Be24244 - Estimating the Future Prices and Scale of Engineered Ggrs in Voluntary... Tender

Procurement Summary

Country : United Kingdom

Summary : Be24244 - Estimating the Future Prices and Scale of Engineered Ggrs in Voluntary Carbon Markets (Vcms).

Deadline : 06 Dec 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 110566294

Document Ref. No. : tender_432424/1427783

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : GBP 80000

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Tender Details

The final date and time for the submission of bids is Friday 6th December 2024 at 11:00hrs.



DO NOT apply directly to the buyer.



All tender information MUST be submitted through the Jaggaer eSourcing Portal.



The Department for Energy Security and Net Zero (DESNZ) is seeking to commission expert research and modelling to forecast the prices and quantity of engineered Greenhouse Gas Removals (GGRs) traded in Voluntary Carbon Markets (VCMs) in yearly intervals to 2050, by technology type.



The UK will achieve its net zero target by 2050 primarily though taking ambitious decarbonisation measures; however, some sectors, such as aviation and agriculture, will be hard to abate completely by 2050 so will require greenhouse gas removals (GGRs) to compensate for their residual emissions. GGRs is the name given to a group of methods that actively remove greenhouse gases, predominantly CO2, from the atmosphere, also commonly referred to as Carbon Dioxide Removal (CDR). They broadly fall into two categories: nature-based approaches, such as afforestation and soil carbon sequestration, and engineering-based approaches, such as Direct Air Carbon Capture and Storage (DACCS), Bioenergy with Carbon Capture and Storage (BECCS), Wood in Construction, Biochar and Enhanced Weathering (EW). Following the sector classification adopted by the Climate Change Committee (CCC) and in the Net Zero Strategy, DESNZ's focus is on engineered removals and will be the focus of this res...
Location Of Contract : Any region
Industry : Research and development consultancy services - 73200000
Value Of Contract : £80, 000
Published Date : 22 November 2024
Closing Date : 6 December 2024

Documents

 Tender Notice