The Commercial Carbon Dioxide Removal (CDR) Purchase Pilot Prize Phase 1 submission deadline is two weeks away!
The CDR Purchase Pilot Prize is accepting submissions until 5 p.m. ET on December 14.
As a reminder, Phase 1 teams should include the following in their submissions:
- Cover Letter (one page; will be made public)
- CDR Credit Concept Proposal, including three sections:
- Project Overview: The proposed CDR technology, including LCA, TEA, additionality, carbon storage mechanism, anticipated volume of CDR to be delivered, and MRV protocol or methods, including prospective independent MRV partners or verifiers.
- Technology or Project Development: Plans for site selection, project development, resource and material procurement, and contingency planning.
- Network, Team, and Resources: The core capacity of the team developing the CDR project as well as credibility and expertise of the proposed independent third-party MRV implementation group.
- Letters of Commitment or Support (optional)
We highly encourage submitting before the deadline to avoid any technical difficulties. Anyone interested is encouraged to apply. Be sure to view the Official Rules before submitting to ensure you meet all the eligibility criteria and understand the requirements of the submission materials.
If you have any questions about the prize requirements or regarding your specific submission, please contact the prize administrators at .