Investment in Forests and Sustainable Land Use Phase 2 (IFSLU2) Component 3

Description

The United Kingdom's Foreign, Commonwealth and Development Office ("FCDO") has awarded the Contract for delivery of Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme to Palladium International Ltd. Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) is an umbrella International Climate Finance (ICF) programme consisting of 5 components. IFSLU2 is managed by the FCDO's Energy, Climate and Environment Directorate (ECED). This Contract is for the IFSLU2 Programme Component 3: Business and market development in the Congo Basin The Supplier must undertake the management and implementation of the Component 3 of Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme. The core objectives for Component 3 are to: 1. Build the capacity of local organisations and institutions (e.g. cooperatives) to provide support and services to improve livelihoods through sustainable land use. 2. Support businesses and entrepreneurs to develop sustainable supply chains, partner with local communities and organisations, and increase readiness for sustainable land use investment. 3. Improve the national enabling environment and access to finance for businesses and communities, to support adoption of and investment into sustainable land use, forest protection and restoration. For Component 3, the following countries are in scope: the Democratic Republic of Congo (DRC), the Republic of Congo (ROC), and Cameroon and Gabon. The start date of the Contract is 1st March 2025, the initial Contract value is up to £31,500,000 with an option to increase its total value and duration based on continued need. The Contract value is exclusive of UK VAT but inclusive of all applicable local taxes. The end of the initial Contract is 28th February 2030. The Contract has an Extension Option for up to a further 60 months and an increase in additional value of up to a maximum of £35million. There is a Scale up Option (value extension only) up to an additional £15.75 million over the life of the Contract (including the Extension Period). Therefore, the estimated maximum value of this requirement is up to a maximum of £82.25million and the Contract may run until 2035, if extended. Additional information: Procurement reference tender_390139/1384295