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ACTION ALERT
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$5 Million in Funding Now Available
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Climate Trust Request For Proposal (RFP) Seeks Offset Projects
The Climate Trust is seeking to add to its growing portfolio by satisfying a new tranche of Oregon Carbon Dioxide Standard carbon mitigation funding, and fulfilling outstanding demand for additional carbon acquisition programs that we manage. Approximately $5 million in funding will be dedicated toward meeting our need for offsets.

What We’re Looking For. The Climate Trust is seeking projects that are consistent with its strategic priority to encourage and accelerate the implementation of agriculture, biogas, and forestry projects in the carbon market. The Trust prefers projects that produce 2013 and later vintage offsets, but will look at earlier vintages for a small portion of the total funding available.

The Trust is looking for domestic offset projects, with a preference for projects in Oregon. Eligible projects reduce, avoid or sequester carbon dioxide, methane or nitrous oxide. Projects must also be able to attain third party certification under the American Carbon Registry, California Air Resources Board, Climate Action Reserve, or the Verified Carbon Standard. Lastly, proponents must be willing to negotiate and execute a mutually agreeable verified emissions reduction purchase agreement (ERPA) and transfer ownership of the verified emission reductions to The Climate Trust.

Download the full RFP and commercial transaction spreadsheet for submittal. Proposals are due at 5pm PT, Monday, August 19th. See below for process timeline.

Still have questions? Please email:  TCTrfp@climatetrust.org.
 
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Timeline: Request For Proposal
Funding will be disbursed through the execution of verified ERPAs with successful project proponents.
  • RFP Issuance:                                  July 22, 2013
  • Intent to Bid Forms Due:                August 2, 2013
  • Question Period:                             July 26-Aug 9, 2013
  • Proposals Due:                  5pm PT Aug 19, 2013
  • Committee Meeting:                        Sept 25, 2013
  • Board Approval of ERPAs:                Dec 6, 2013
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The Climate Trust
65 SW Yamhill Street
Suite 400
Portland, Oregon 97204
United States

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