Gap Analysis on Forest Carbon Offsets in Malaysia

The PALLADIUM INTERNATIONAL LIMITED in United Kingdom from Europe region had released this tender for Service contract Malaysia is pursuing sustainable financing to support forest conservation and restoration whilst facilitating the delivery of national agendas related to forestry biodiversity and climate As part of this the Malaysia Forest Fund MFF is seeking to operationalise the Forest Carbon Offset FCO a market mechanism that allows the transfer of emissions reduction from forests to buyers in the form of carbon offsets This project aims to conduct a comprehensive gap review and compliance assessment of the Forest Carbon Offset FCO mechanism and align it with internationally recognised carbon crediting standards while avoiding duplication with trading platforms like Bursa Carbon Exchange which is a marketplace to buy and sell carbon credits rather than produce and certify credits The project will consist of several key activities Conduct benchmarking and gap assessment draft standard-compliant document Arrange and attend in person workshop with MFF to finalise scope and expectations for delivery Review current Forest Carbon Offset FCO documentation against requirements of CORSIA and ICVCM Map gaps related to additionality permanence MRV baselining co-benefits and contributions to SDGs and leakage management safeguards and negative impacts on gender social economic and environment Conduct peer review and consultations and preparation of necessary documentation for the application with CORSIA and ICVCM Provide technical support to MFF in harmonisation and accreditation Provide hands-on technical support to MFF in managing their applications to accrediting bodies with the first application planned for February 2026 Support on due diligence and methodological improvements The expert will assist with interpretation of international laws commitments and standards advise on revisions to FCO instruments and contribute to institutional learning Development of a toolkit which will bear in mind lessons learned and be a practical guide for MFF use in future applications Provide ongoing technical advice to support MFF in the harmonisation of the FCO Participation in fund-wide communities of practice for results and lessons sharing including provision of input for possible case studies Participate in any additional promotional activities encouraging the usage of the FCO in Malaysia s carbon markets as requested by MFF and UK PACT Please forward your quotento Expertdeployments ukpact co uk in accordance with the Details for Submission above by the Close Date and Time This RFQ includes the following materials Schedule 1 - Terms of Reference Schedule 2 - Instructions for submission Schedule 3 - Terms and Conditions Annex I - RFQ Response Form Annex II - Budget and workplan template with tender notice no. ED_13 published on 24 Jul 2025. The tender expired on 07 Aug 2025. This tender is sourced from Contracts Finder and is eligible for suppliers interested in Forestry management services. Interested bidders can obtain further information including complete bid documents or ways to participate by registering on Tender Impulse and referencing via Tender Impulse ID 8773109.