Carbonbid
Carbonbid enables companies to access funding to reduce greenhouse gas emissions in the port area.
The results of Carbonbid:
The Port of Rotterdam Authority launched Carbonbid this year: an initiative to encourage companies to reduce CO2e and accelerate the implementation of their sustainability plans. It relates to emissions within the port area not covered by ETS allowances. Carbonbid takes the form of a tender. Projects are supported in order of lowest cost per tonne of CO2e avoided. The Port Authority has reserved €3.5 million for this purpose.
CARBONBID WINNERS ANNOUNCED
Eight projects will collectively reduce 575,000 tonnes of CO2e. The Port Authority is investing €3.5 million over four years, representing an average of €6 per tonnes of CO2e avoided.
Follow-up Carbonbid
It is currently not possible to register for Carbonbid. Given the success of Carbonbid, the Port Authority is considering organising another round of this tender. Below you will find background information about Carbonbid.
About Carbonbid
Carbonbid is a pilot through which the Port of Rotterdam Authority aims to explore whether this form of funding is an effective way to accelerate emission reductions in the port area.
Carbonbid does not prescribe specific solutions or technologies. However, the solution must meet the following minimum requirements:
- The project must be new and not have already started.
- The reduction must be implemented within the port emissions area and be completed by 2030.
- The solution must demonstrably achieve a reduction of at least 100 tonnes of CO2e.
- Funding is limited to a maximum of €300 per tonne of CO2e reduction and €700,000 per proposal.
More information and the minimum requirements can be found in the Carbonbid Tender Guide.
Carbonbid is part of a broader set of initiatives by the Port Authority to make the port climate-neutral and future-proof.
Do you have further questions? Contact the team.