Carbon Offset Projects

Colorado Carbon Fund


Grant amount: Unspecified amount

Deadline: Rolling

Applicant type: Organizations Individuals

Funding uses: Applied Project / Program

Location of project: Colorado

Location of residency: Colorado

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Overview:

As public funds, the Colorado Carbon Fund and The Climate Trust are dedicated to financing innovative projects that contribute to Colorado’s transition to a New Energy Economy and which are not currently being funded by the rest of the renewable energy or carbon market.

The Colorado Carbon Fund began in 2007 as a “key component in the State of Colorado’s Climate Action Plan”. It started as a collaborative project between the Governor’s Energy Office (now the Colorado Energy Office) and the Climate Trust, a non-profit based in Portland, Oregon, aimed to advance four main objectives in Colorado:

  • ​Develop a funding source for clean energy and climate mitigation projects
  • Provide direct investment towards Colorado-based projects
  • Support the State’s Climate Action Plan in mitigating the effects of climate change
  • Provide high-quality offsets for individuals, businesses, and government agencies seeking to mitigate their carbon footprints

Carbon Offset Project

The Colorado Carbon Fund welcomes individuals, businesses, and offset providers that wish to collaborate. CCF is actively looking for projects throughout Colorado that meet our guidelines.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Colorado carbon offset projects must be registered with a verified carbon standard.
  • They must also meet the following criteria to be considered for Colorado Carbon Fund support:
    • Local:
      •  All projects must be located in Colorado.
      • Projects can be privately or publicly owned.
    • Additional:
      • Project developers must demonstrate that selling emission reductions to Natural Capitalism Solutions somehow enables a project’s implementation and that without the opportunity to sell the project’s emission reductions the project would not occur.
      • See our additionality standards for more details.
    • Direct:
      • Projects must reduce emissions one or more of the six greenhouse gases (including carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, sulphur hexafluoride).
      • Projects must reduce emissions at the site where they are implemented by reducing or displacing the use of fossil fuels.
      • Projects must also demonstrate clear ownership of the emissions reductions, therefore projects that reduce or displace grid electricity are not considered because they result in indirect emission reductions which may cause ownership and double counting concerns.
    • Scale:
      • Projects must reduce at least 40,000 metric tons of CO2-equivalents over the contract term.
      • Similar project types can be aggregated to meet the size requirement.
      • A 40,000 metric ton CO2-e reduction is equivalent to:​
        • Heating - Reducing or displacing: 
          • 7.3 million therms of natural gas
          • 7 million gallons of propane
          • 4 million gallons of diesel
          • This is equivalent to the average heat use of twelve 75,000 square foot buildings over 15 years.
        • Transportation -  Reducing or displacing: 
          • Reducing 5 million gallons of gasoline
          • Switching 20 million gallons of diesel to B20
          • ​Assuming the average vehicle drives 15,000 miles per year, this is equivalent to:
            • the average gasoline use of 380 passenger vehicles over 15 years
            • the average diesel use of 92 heavy duty vehicles over 15 years
        • Agriculture
          • The manure from roughly 1,000 cows on a farm using a liquid manure management system (lagoon, pond, or holding tank) for 15 years

Preferences:

  • Although the Colorado Carbon Fund is interested in a variety of clean technologies, we have a preference for projects related to the following:
    • ​Soil Carbon Biosequestration (e.g. Holistic Land Management)
    • Grasslands Preservation
    • Anaerobic digestion
    • Biomass
    • Cogeneration
    • Transportation
  • ​We have also supported projects related to:
    • Landfill methane capture
    • Coal mine methane capture

Ineligibility:

  • We are not currently considering projects related to reducing or displacing the use of grid-tied electricity.