Source: https://tendernation.io/opportunities/01a13d1d-0811-72cd-8a10-6e6c3ab98579/gap-analysis-on-forest-carbon-offsets-in-malaysia awarded GB open procedure Suitable for SMEs # Gap Analysis on Forest Carbon Offsets in Malaysia [Palladium International Limited](https://tendernation.io/buyers/palladium-international-limited) Estimated value £135,000 Published 23 Jul 2025 Deadline Closed 14 Aug 2025 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender 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 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 Read full description ## CPV classification Financial and insurance services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/7655b014-16f2-41cc-be50-66a50212084f) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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