RFI: Offsets on the Market
Do you know of a specific offset project that UC might consider supporting with offset credits purchases?
Are you a sector expert familiar with a project type available on the offset market that we could examine for possible categorical approval?
The purpose of this request is to identify high quality offset projects or project types that reflect UC’s mission and values from which UC can purchase offsets. There are thousands of offset projects on the market that UC can support with credit purchases. In particular, your suggestions will help us identify projects that achieve real, additional emissions reductions, and have a low risk of causing harm. Ideally, projects would support UC's education, research, and public service missions such as by providing students with applied educational experiences; offering sites and data for UC research; having health and social justice benefits; promoting long-term climate solutions; and/or directly benefiting, or having connection or resonance with the UC and surrounding communities. We will perform due diligence assessment of all projects from which we intend to procure projects, as well as research several project types for possible categorical approval, against our evaluation criteria.
A project type can be all, or a subset of, projects eligible under an offset protocol. For example, all methane digesters at livestock facilities are a project type. All methane digesters on livestock facilities that have specific objective characteristics, like size, location, etc, are also considered a project type.
You can see a list of the wide variety of project types selling credits on the voluntary here.