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Tender Details
- Country: United Kingdom
- Summary: Gap Analysis on Forest Carbon Offsets in Malaysia
- GBT Ref No: 123235845
- Deadline: 14 Aug 2025
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: 135000
- Notice Type: Tender
- Document Ref. No.: ED_13
- Purchaser's Detail :
- 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 t... - Documents :
Purchaser : PALLADIUM INTERNATIONAL LIMITED
Second Floor LONDON EC1Y8ND England
Email :Expertdeployments@ukpact.co.uk
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