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Projects Updates for Utilize Carbon Credits

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  1. Funding Approval for Grind2Energy

    Ehab Kamarah and Madhu Khanna approved $135,000 of funding from the Carbon Credit Sales Fund for the Grind2Energy system.

    "This project will install the Grind2Energy system for food waste at the Lincoln Avenue
    Dining Hall on campus... Housing has successfully installed the Grind2Enery system as a sustainable solution for dining hall pre-consumer and post-consumer food waste in four of the five dining halls. This funding would allow them to complete the final installation before the student body returns in fall 2022." -Morgan White (12/14/2021)


    An email of approval is attached below.

  2. Ecosystem Marketplace and the Taskforce on Scaling Voluntary Carbon Markets

    Associated Project(s): 

    Below is an email from the Ecosystem Marketplace: A Forest Trends Initiative. 

    Dear Friends, 

    Today, we are so pleased to announce our new role as part of the Taskforce on Scaling Voluntary Carbon Markets’ new governance body. Michael Jenkins will serve as a member of the Senior Advisory Council, and our Ecosystem Marketplace initiative will be a Founding Sponsor. We join a diverse expert group; our shared mission is to ensure that markets keep growing with the highest level of quality and integrity possible.

    Voluntary carbon markets’ recent rapid growth means this mission is all the more critical. This announcement comes a week after we published the latest State of the Voluntary Carbon Markets report, showing that markets are accelerating towards $1 billion in transactions in 2021. We celebrated this major milestone with 1,500 attendees from 76 countries in a seminal EM Insights Event together with our partners, supporters, friends, and network. Such significant growth positions the VCM as a serious player in green finance and an important tool for achieving the Paris Agreement's 1.5 C climate ambition.
    As a leading and independent provider of transparency on market price and activity, we take seriously our responsibility to serve all market participants. This includes the companies investing in offsets to meet their climate commitments. It also includes stakeholders and communities in carbon credit-producing countries, who may be far from global financial centers but are central to achieving the Paris Agreement.
    The Taskforce was initiated by Mark Carney in September 2020 as a private sector-led initiative working to scale effective and efficient voluntary carbon markets. Now, Taskforce Principals Bill Winters and Tim Adams will hand over leadership to the Governance Body Board, and work alongside us on the Senior Advisory Council. Taskforce Principal Annette Nazareth will join the Board.
    The new Governance Body officially launches at COP-26 in Glasgow this November. Day One priorities for the Governance Body are to finalize a set of Core Carbon Principles and provide oversight of standard-setting bodies on adherence to those principles. We’ll also set threshold standards for the voluntary markets, provide a coordination function between individual bodies in the markets, and help drive a long-term strategic roadmap for scaling voluntary carbon markets.
    Voluntary carbon markets are in a transitional moment. We look forward to working through the new Governance Body to guide the markets to deliver the highest quality and the greatest impact for both planet and people. We also look forward to sharing more with you as we move forward in this important new phase.

    Michael Jenkins, CEO and Founding President
    Stephen Donofrio, Director, Ecosystem Marketplace and Supply Change Initiatives
    About Forest Trends' Ecosystem Marketplace
    Ecosystem Marketplace (EM) is an initiative of the Forest Trends Association (FT), a 501(c)(3) organization founded in 1998. Forest Trends works to conserve forests and other ecosystems through the creation and wide adoption of a broad range of environmental finance, markets, and other payment and incentive mechanisms. Forest Trends does so by 1) providing transparent information on ecosystem values, finance, and markets through knowledge acquisition, analysis, and dissemination; 2) convening diverse coalitions, partners, and communities of practice to promote environmental values and advance the development of new markets and payment mechanisms; and 3) demonstrating successful tools, standards, and models of innovative finance for conservation.

    EM believes that transparency is a hallmark of robust markets. Launched in 2005, the EM Global Carbon Hub is the world’s first and only independent international voluntary and compliance carbon offsets tracking, reporting, and knowledge-sharing mechanism. Globally recognized, EM drives market transparency, price discovery, and market participants’ understanding of supply, demand, and credit quality, including through recognition of core carbon and additional attributes including social, environmental, and biodiversity co-benefits that are “beyond carbon.”

    The EM Global Carbon Hub is fueled by a growing global network of hundreds of EM Global Carbon Survey Respondents and is made possible with the diverse mix of support that we receive from Visionary Partners, Strategic Supporters, collaborators, and donors. With an unparalleled database that unifies carbon market data from the over the counter (OTC) and platform/exchange-traded markets, paired with rigorous research, EM is globally recognized as a leading source of decision-useful and trustworthy information on prices, regulation, science, and relevant issues on environmental services markets and climate finance. EM Data, Insights, and News have been used extensively by companies, journalists, investors, practitioners, natural resource agencies, and academics.

    Now in its 16th year, EM will be continually making upgrades and adding new features to the EM Global Carbon Hub to drive radical transparency in the voluntary carbon markets (VCM) to meet growing interests for reliable, timely, and objective data and insights on VCM offsets transactions prices, volumes, and insights. The EM Global Carbon Hub will provide the needed tools and resources to enhance data collection – with this Global Carbon Survey Platform, and new accessibility capabilities – with the EM Data Intelligence & Analytics Dashboard (currently in beta testing), ensuring it will continue to deliver the best, most up-to-date, and robust data and analytics available.


  3. Funding Approval for Resilience Development Proposal

    Madhu Khanna and Ehab Kamarah approved $18,025 of funding from the Carbon Credit Sales Fund for a Resilience Development Proposal.

    "The Resilience Commitment, signed in 2016, was incorporated in the iCAP for the first time in the 2020 version, with a list of seven specific objectives. iSEE is the primary department responsible for helping campus achieve these ambitious goals. We request approval to fund a 20-hour/week contract with ARI to have Stacy Gloss work to develop the structure and plan for completing these objectives. The cost of a six-month agreement is $17,500" (the cost was updated with the new fiscal year due to a salary change) -Morgan White (08/13/2021)

    An email of the approval is attached below.

  4. Voluntary Carbon Market

    First launched in 2005 by non-profit Forest Trends, Ecosystem Marketplace (EM) has continuously run the world’s first and only independent international carbon offsets market tracking, reporting, and knowledge-sharing mechanism. In April, EM launched its new Global Carbon Survey online platform, aimed at taking carbon market transparency to the next level.

  5. Case Study - Carbon Offsetting at UIUC

    Associated Project(s): 

    AlliedOffset, a database of voluntary carbon offset programs in the world, helped curate a case study regarding carbon offsetting at UIUC. This document offers a variety of information including, but not limited to, Credits Retired per Year per Student, Ranking of Universities by Total Credits Retired, and details regarding major solar installation projects on campus. 

    See the attached file to read the case study.

  6. Example Progress Report: Microsoft's Climate Commitments

    Microsoft's 2020 carbon recap offers an example progress report for climate commitments. In this article, the company highlights its biggest commitment to focus on the climate crisis by pledging to become carbon negative by 2030. Focusing on this initiative in-depth, Microsoft speaks about its plan to reduce the company's carbon emissions, remove carbon from the environment, and advancing transparency and accountability as a global company.

  7. Funding Approval for Outdoor Recycling Bins

    Evan DeLucia and Mohamed Attalla approved $310,000 of funding from the Carbon Credit Sales Fund for replacing outdoor trash receptacles with trash and recycling dual bins.


    An email of the approval is attached below.

    A project memo is attached below.

  8. Funding Approval for iCAP Portal Maintenance and Improvements

    Evan De Lucia and Mohamed Attalla approved $50,000 of funding from the Carbon Credit Sales Fund for iCAP Portal maintenance and improvements for FY20 to FY23. 

    "This will allow us to continue improvements to the iCAP Portal and continue to enhance the usability
    and impact of this well-used resource." -Morgan White (06/01/2020)

    The email of funding approval is attached below.

    The Memorandum of Understanding between iSEE, F&S, and MSTE is attached below.

  9. Funding Approval for Energy Advisor for Solar Farm 3.0

    Mohamed Attalla and Evan DeLucia approved $17,000 of funding from the Carbon Credit Sales Fund for an Energy Advisor for Solar Farm 3.0, Customer First Renewables.

    An email of the approval is attached below.


  10. Reducing Carbon Footprint in Supply Chains

    "I’ve Heard of Carbon Off-Setting - But What is Carbon In-Setting and How Can It Reduce the Carbon Footprint of My Supply Chain?" presented via webinar by Angela Foster-Rice, Principal at Aerial Consulting. Join us in the SJW conference room at ISTC or view it from the comfort of your own office. This event is free, but registration to view the webinar is required.

    October 10, 12–1 pm • 1 Hazelwood Dr. in Champaign

    Elizabeth Meschewski • Illinois Sustainable Technology Center

    Sustainability Seminar: Reducing Carbon Footprint in Supply Chains

  11. Carbon Credit Funding Approval for Energy Piles at Hydro-Systems Lab

    $230,000 of funding from the Carbon Credit Sales Fund was approved for Energy Piles at Hydro-Systems Lab by Evan DeLucia and Mohamed Attalla


    Purpose of Project:

    "This project will install 8 energy piles in the foundation of the Hydro-Systems Lab on campus, and provide new research capabilities and a geothermal exchange system for reduction of energy demand from that building." -Morgan White (2/6/19)


    An email of the approval is linked below.

  12. Funding Approval for Geothermal Characterization/Monitoring Station

    Evan De Lucia and Mohamed Attalla approved $65,610 of funding from the Carbon Credit Sales Fund for a Geothermal Characterization/Monitoring Station at John Bardeen Quad.


    An email of approval is attached below.

    The project proposal is attached below.

  13. Funding Approval for MSTE to update the iCAP portal website

    Evan De Lucia and Mohamad Attalla approved $15,000 of funding from the Carbon Credit Sales Fund for MSTE (Office of Mathematics, Science, and Technology Education) to make improvements and new coding designs to the iCAP Portal.


    An email of approval is attached below.

  14. Funding Approval for Green Restaurant

    Mohamed Attalla and Evan De Lucia approved $32,000 of funding from the Carbon Credit Sales Fund for the Green Restaurant Certification Pilot.

    "The requested funds will fully cover a five-year pilot of Green Restaurant Certification for all campus dining facilities and University Catering." -Micah Kenfield (11/8/2018)


    An email of approval and the benefits the project will provide is attached below.


  15. Funding Approval for Campus Tree Inventory

    Evan De Lucia and Helen Coleman approved $70,000 of funding from the Carbon Credit Sales Fund for Campus Tree Inventory.


    The emails of approval are attached below.