Procurement Summary
Country: United Kingdom
Summary: Gap Analysis on Forest Carbon Offsets in Malaysia
Deadline: 14 Aug 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 123235845
Document Ref. No.: ED_13
Financier: Self Financed
Purchaser Ownership: Public
Tender Value: GBP 135000
Purchaser's Detail
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Login to see detailsTender Details
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 t...
Location Of Contract : Malaysia
Industry : Financial and insurance services - 66000000 Research and development services and related consultancy services - 73000000 Agricultural, forestry, horticultural, aquacultural and apicultural services - 77000000 Business services: law, marketing, consulting, recruitment, printing and security - 79000000 Education and training services - 80000000 Health and social work services - 85000000 Other community, social and personal services - 98000000
Value Of Contract : £135, 000
Published Date : 23 July 2025
Closing Date : 14 August 2025
Documents
Tender Notice
123235845.zip