LONDON, Aug. 27 -- The Government of UK issued details related to the following business opportunity:
Contracting Authority: PALLADIUM INTERNATIONAL LIMITED
Industry: Energy and related services and Research and development consultancy services
Description: The UK Government's Partnering for Accelerated Climate Transitions (UK PACT) programme is inviting proposals from qualified suppliers or consortia to deliver technical assistance to the Government of Cameroon. Cameroon, situated within the Congo Basin and home to significant forest carbon resources, is seeking to strengthen its readiness to participate in high-integrity international carbon markets, including Article 6 of the Paris Agreement, the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), and voluntary carbon markets. While the country has considerable potential to generate climate finance through carbon markets and support implementation of its Nationally Determined Contribution (NDC), key legal, institutional, and operational gaps continue to constrain effective participation. This assignment will provide targeted technical assistance and capacity building to support the Government of Cameroon in establishing the governance frameworks, institutional arrangements, and regulatory systems required to operationalise carbon market participation. Working closely with relevant government institutions, including the Ministry of Environment, Nature Protection and Sustainable Development (MINEPDED), the Ministry of Forestry and Wildlife (MINFOF), the Ministry of Finance (MINFI), and other key stakeholders, the project will strengthen carbon market governance, Article 6 implementation readiness, project approval systems, and institutional coordination mechanisms. Key outputs are expected to include a comprehensive carbon market readiness assessment, a carbon market governance framework defining the roles and responsibilities of key institutions, operational procedures for Article 6 participation and Internationally Transferred Mitigation Outcomes (ITMOs), a national carbon project approval system, and a structured capacity-building programme for government counterparts. The project will also support the integration of gender equality, disability and social inclusion (GEDSI) considerations, safeguarding measures, and benefit-sharing approaches within carbon market governance arrangements. The project aims to strengthen Cameroon's ability to participate credibly and effectively in international carbon markets, mobilise climate finance, enhance institutional capacity, create an enabling environment for private sector investment, and support the delivery of national climate and sustainable development objectives. Interested suppliers are invited to review the documentation provided in this notice and submit their applications to: targetedfund@ukpact.co.uk.
Closing date: 2026-09-22T17:00:00+01:00
Contract duration: 2026-10-26T00:00:00Z to 2027-09-30T00:00:00+01:00
Value of contract: GBP300000
Location of contract: Cameroon
About the buyer: targetedfund@ukpact.co.uk; 16th Floor, Hylo, 105 Bunhill Row; London; EC1Y8ND; England
Disclaimer: Curated by HT Syndication.
