Malaysia-UK PACT Call for Proposals: green finance & carbon markets

For full details, please consult the Terms of Reference (ToR) and Applicant Handbook linked below.

How much should each project cost? 
Between £100, 000 - £320,000 per project for FY2025/2026.  

What type of activities are we looking to fund?
We want to receive applications for activities that address the critical need to unlock greater quality and quantity of climate & nature finance by optimising the enabling environment for clean energy investments and voluntary carbon markets in the forestry sector. Activities may include:

• training of key decision makers;
• recommendations for action to tackle climate change or reduce emissions;
• creation of new communications products and dissemination of knowledge products;
• the establishment or strengthening of partnerships or networks between key stakeholders.

How long can each project be? 
Approximately 15 months with high impact outputs delivered in the first 5 months.

Can a consortium apply? 
Yes, we welcome applications from consortia. We encourage consortia to include a Malaysian organisation.

What type of organisations can apply? 
We welcome applications from a variety of organisation types including think tanks, consultancies, academic institutions, community organisations, NGOs, professional associations or any similar organisations that have the knowledge, skills and experience to deliver an eligible project 

Government agencies and/ or departments are not eligible to apply either as a lead organisation, or as a partner organisation within a consortium 

What type of costs are eligible?
All projects must be delivered on a not-for-profit basis. Eligible costs will include: 

• Consultancy and/or staff time required to deliver activities;
• Reasonable travel and subsistence costs;
• Other costs directly related to activities and outputs (workshop, seminars, production of reports, translation etc.). 

We cannot award funding for tangible assets i.e: renewable energy infrastructure. For further details, please refer to the UK PACT Applicant Handbook and Budget Template which reflect FCDO grants management rules applicable to this programme. 

The steps and indicative dates for each stage of the green finance and carbon markets call are outlined below.

This timeline is subject to change, all updates to this call will be communicated on this page.

Projects will be selected through a one-stage open and competitive Call for Proposals. Applicants should read the Terms of Reference and Applicant Handbook to understand what is required to submit a strong proposal for this call.

To start your application process, fill in the templates below and then submit the form linked. After submitting the form, you will receive an email containing a link to upload your application pack. The following documents form your application pack and must be downloaded, completed in English, and submitted via the link sent to your email, after submitting the form below.

• Project proposal template 
• Budget and workplan template
• Project Theory of Change form
• Project risk and issue register template

All the guidance you will need to make an application can be found here:

• Terms of Reference
• Applicant handbook
• UK PACT's GEDSI Guidance
• Risk management guide for applicants

The Malaysia-UK PACT green finance and carbon markets market engagement event was held on 12 June 2025. You can watch the recording from the event and find the presentation slides here.

Answers to consolidated clarification questions submitted to malaysia@ukpact.co.uk will be accessible here and updated on 15 July and 25 July 2025. The deadline for submitting clarification questions is 18 July 2025 at 23:59 (MYT)/ 15:59 (UTC).

Click here to view the MEE Q&A document.