---
title: "Gap Analysis on Forest Carbon Offsets in Malaysia"
ocid: "ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PALLADIUM INTERNATIONAL LIMITED"
published: "2026-06-01"
---

# Gap Analysis on Forest Carbon Offsets in Malaysia

Buyer: PALLADIUM INTERNATIONAL LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-7655b014-16f2-41cc-be50-66a50212084f

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## Summary

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.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/46dbb6da-20d5-406c-a1d1-c954d7556731 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Jun 2026 |
| Submission deadline | 14 Aug 2025 |
| Future notice date | Not specified |
| Award date | 12 Nov 2025 |
| Contract period | 12 Nov 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £135,000 |
| Lots value | Not specified |
| Awards value | £121,528 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PALLADIUM INTERNATIONAL LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC1Y 8ND |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Bunhill |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HAMERKOP CLIMATE IMPACTS |

## CPV Codes

### 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

### 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

## Release History

- 1 Jun 2026 at 15:05 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/46dbb6da-20d5-406c-a1d1-c954d7556731
- 23 Jul 2025 at 15:30 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/9d73f9d1-b0ed-4ddc-93df-76361e47a37e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/46dbb6da-20d5-406c-a1d1-c954d7556731
  1st June 2026 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/9d73f9d1-b0ed-4ddc-93df-76361e47a37e
  23rd July 2025 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/dea4078e-7769-42d0-94b6-8df011665995
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/d92c49f6-7e1b-42c5-815e-2f72cbdd4196
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/6fce703c-2286-4aab-a171-1b4097030a20

## Provenance

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