Source: https://tendernation.io/opportunities/01a13cac-70f3-7025-98ed-0f1c5f4dab45/transition-planning-for-the-financial-sector closed GB open procedure Suitable for SMEs # Transition Planning for the Financial Sector [WWF-UK (World Wide Fund for Nature) Trading Limited](https://tendernation.io/buyers/wwf-uk-world-wide-fund-for-nature-trading-limited) Estimated value £30,000 to £40,000 Published 10 Feb 2023 Deadline Closed 7 Mar 2023 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Small contract value Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender Please read Invitation to Tender PDF doc for full information. Background: WWF-UK's finance and economics policy teams work to ensure that the financial system and economy decarbonise, counter the damaging effects of climate change and deliver a nature-positive future. Transition plans have been promoted as one of the key routes by which the UK's (and the world's) finance sector and economy will reach net zero. In 2022, a government-backed Transition Plan Taskforce was set up in the UK to look at developing gold standard private sector climate transition plans. The government committed to making disclosure of these plans mandatory for listed companies and financial institutions. Whilst these plans are primarily designed for climate disclosure, WWF-UK have been exploring how nature could also be incorporated into transition plans. Why WWF-UK needs this project to be carried out: The government's theory of change is that in requiring financial institutions and listed companies to disclose transition plans for their Scope 1, 2 and 3 emissions, it will create market pressure on them to ensure that those plans are credible and will place the same pressure on all the companies in their financing and supply chains. In other words, disclosure will generate the pressure for transition plans to be credible and acted on by companies. While disclosure is important, we would like to explore its effectiveness and to what extent additional regulatory and accountability requirements would be needed to ensure that transition planning drives real world decarbonisation required to deliver on the UK's net zero commitments. This project aims to understand (a) to what extent current transition plan disclosure requirements, as announced by the UK government and developed through the UK TPT, will help to deliver rapid decarbonisation, and (b) to what extent further action beyond existing commitments and guidance is required from government (and regulators) to ensure that transition planning and its disclosure is robust/credible, easily and widely adopted by FIs and other key stakeholders, and ultimately drives rapid decarbonisation. Read full description ## CPV classification Research and experimental development services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/0d48cd1a-caa4-4576-bf29-78813533f263) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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