Foreign Commonwealth and Development Office · Awarded contract

Awarded

Award of IFSLU2 Component 3: Business and Market Development in the Congo Basin

Awarded 01 Mar 2025

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Awarded01 Mar 2025

Value£31,500,000.00

SupplierPalladium International Ltd

AgencyForeign Commonwealth and Development Office

RegionUnited Kingdom

CategoryEnergy & Environment

Expires in 3y 4mo5y term, 34% elapsed

Awarded 1 Mar 2025Expires 28 Feb 2030

About

The Foreign Commonwealth and Development Office awarded a contract to Palladium International Ltd for the management and implementation of Component 3 of the Investments in Forests and Sustainable Land Use - Phase 2 (IFSLU2) Programme, focusing on business and market development in the Congo Basin.

The contract, valued at up to £31,500,000, commenced on 1st March 2025 and runs until 28th February 2030, with an option to extend for up to 60 months and increase the value by up to £35 million.

The core objectives are to build the capacity of local organisations and institutions to improve livelihoods through sustainable land use, support businesses and entrepreneurs in developing sustainable supply chains and increasing readiness for investment, and improve the national enabling environment and access to finance for sustainable land use, forest protection, and restoration in the Democratic Republic of Congo, the Republic of Congo, Cameroon, and Gabon.

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