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Key Objective: 8.1 Conduct an RFP Process for Offsets

The 2015 iCAP, chapter 8, objective 1 is, "By the end of FY16, conduct a Request for Proposals process for verified carbon offsets — and undertake the first campus purchase of offsets."

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Explanation

iSEE could develop detailed specifications for carbon offsets that are acceptable for campus purchases.  These specifications would ensure that all purchased offsets are additional (in the sense that they enable reductions beyond business-as-usual), measurable, conservative (to ensure reductions are not overstated), permanent, independently verified, trackable, and transparent.  Given the complex nature and intangibility of carbon offsets, it would be essential that the campus be able to justify its offsets purchases to all stakeholders.  By the end of FY16, iSEE could conduct an RFP process, secure campus funding for a modest initial purchase of offsets, and complete such a transaction.  This initial purchase could be related to a portion of air-travel emission offsets.

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