Gap Analysis on Forest Carbon Offsets in Malaysia

PALLADIUM INTERNATIONAL LIMITED

This public procurement record has 2 releases in its history.

Award

01 Jun 2026 at 15:05

Tender

23 Jul 2025 at 15:30

Summary of the contracting process

The procurement process for the "Gap Analysis on Forest Carbon Offsets in Malaysia" is spearheaded by Palladium International Limited, headquartered in London, England. This initiative falls under the financial and insurance services industry category, encompassing additional areas such as research, development, and consultancy related to agriculture, forestry, and education. The project is carried out in Malaysia, with a focus on aligning Malaysia's forest carbon offset mechanism with global standards. Originally tendered on 23 July 2025 and awarded on 12 November 2025 to Hamerkop Climate Impacts Pte. Ltd, this project has undergone its award phase and the contract period stretches from 2 September 2025 to 31 March 2026. The procurement method used was an open procedure, aiming to secure expert services above the threshold value of £135,000 GBP.

This tender provides significant business growth opportunities for entities specialising in environmental consultancy, legal advisory, and compliance services particularly in carbon offset and sustainability sectors. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) engaged in these fields would find themselves well-suited to these consultancy roles. The project emphasises benchmarking, compliance assessment, and development of toolkits for the Forest Carbon Offset mechanism, which presents an avenue for institutions skilled at navigating international climate commitments and carbon crediting standards to contribute innovative solutions. Additionally, businesses that excel in technical support and methodological improvements in forestry and environmental finance will find this tender greatly advantageous for showcasing their expertise and fostering long-term partnerships in Malaysia's evolving carbon markets.

How relevant is this notice?

Notice Title

Gap Analysis on Forest Carbon Offsets in Malaysia

Notice Description

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

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/46dbb6da-20d5-406c-a1d1-c954d7556731
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

73 - Research and development services and related consultancy services

77 - Agricultural, forestry, horticultural, aquacultural and apicultural services

79 - Business services: law, marketing, consulting, recruitment, printing and security

80 - Education and training services

85 - Health and social work services

98 - Other community, social and personal services


CPV Codes

66000000 - Financial and insurance services

73000000 - Research and development services and related consultancy services

77000000 - Agricultural, forestry, horticultural, aquacultural and apicultural services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

80000000 - Education and training services

85000000 - Health and social work services

98000000 - Other community, social and personal services

Notice Value(s)

Tender Value
£135,000 £100K-£500K
Lots Value
Not specified
Awards Value
£121,528 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Jun 20263 weeks ago
Submission Deadline
14 Aug 2025Expired
Future Notice Date
Not specified
Award Date
12 Nov 20257 months ago
Contract Period
12 Nov 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PALLADIUM INTERNATIONAL LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC1Y 8ND
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

HAMERKOP CLIMATE IMPACTS

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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