Procurement Summary
Country : Belgium
Summary : Developing a Methodology and Sustainability Standards for Mitigating the Environmental Impact of Crypto-Assets
Deadline : 10 Nov 2023
Other Information
Notice Type : Tender
TOT Ref.No.: 89538790
Document Ref. No. : 577973-2023
Financier : European Commission
Purchaser Ownership : Public
Tender Value : EUR 800000.00
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There is evidence that crypto-assets can cause significant harm on the climate and environment and generate negative economic and social externalities, depending on the consensus mechanism used to validate transactions. The increasing demand for crypto-assets and expansion of crypto-mining, including within the EU, could undermine EU's efforts to achieve its climate and sustainability goals, in line with the Paris Agreement. The action aims at enhancing the EU capacity to assess and mitigate the impact of crypto-mining and develop specific sustainability standards. The preparatory action intends to develop a methodology to measure the climate and environmental impact of the consensus mechanisms used by crypto-assets and assess the feasibility of establishing environmental sustainability standards for crypto-assets with a view to the adoption of future legislative action in the area of crypto-asset financial regulation.
Doc Title: Developing a Methodology and Sustainability Standards for Mitigating the Environmental Impact of Crypto-assets
Contract Type: Services
Document Type : Contract notice
Reference Number : FISMA/2023/OP/0005
Contract Type : Services
Estimated Value : 800000.00 - EUR
79314000 - Feasibility study
90711200 - Environmental standards other than for construction
90711400 - Environmental Impact Assessment (EIA) services other than for construction
71241000 - Feasibility study, advisory service, analysis
Authority Type : European Institution/Agency or International Organisation
Type of Procedure : Open procedure
Regulation : European Institution/Agency or International Organisation
Bid Type : Submission for all lots
Doc Title : Developing a Methodology and Sustainability Standards for Mitigating the Environmental Impact of Crypto-assets
Dispatch Date : 2023-09-19
Publish Date : 2023-09-26
Submission Date : 2023-11-10
Documents
Tender Notice