The Pilot Auction Facility for Methane and Climate Change Mitigation (PAF) is pleased to announce the date and parameters of its second auction, as well as the release of the Bidder Application Package. In addition, PAF will host a series of informational consultations and webinars in the coming weeks to provide an update on its upcoming second auction.
The second auction is scheduled for 12 May 2016 and will have a budget of $20 million. It will be a forward auction, where the price guarantee for emission reductions is fixed at $3.50 per ton and the premium cost to purchase the price guarantee will be bid up, starting at $0.06 per ton. The full list of parameters can be found on the PAF website.
Parties wishing to receive the Bidder Application Package can do so by sending an email to firstname.lastname@example.org. PAF will offer price guarantees to projects that reduce greenhouse gas emissions in the solid waste, wastewater or agricultural waste sectors. Interested colleagues are invited to review the second auction eligibility criteria, frequently asked questions and explanatory videos on the PAF website.
The series of informational consultations and webinars includes two webinars and six in-person meetings, the last of which will take place at GMI’s Global Methane Forum on 28 March 2016. These events will provide an overview of the auction’s eligibility criteria, parameters, and timeline, as well as the steps required to participate in the auction. Attendees will also have the opportunity to receive direct answers to their questions regarding the second auction. You will find below the complete list of events with corresponding registration links. For more information, see the events page on the PAF website.
|London||Monday, 7 March 2016||10:00 – 12:00||The Millennium Gloucester Hotel||4-18 Harrington Gardens, London, GB SW7 4LH, United Kingdom||Register|
|Zurich||Wednesday, 9 March 2016||16:30 – 18:00||The Sheraton Zurich Hotel||Pfingstweidstrasse 100, 8005 Zürich, Switzerland||Register|
|New Delhi||Wednesday, 16 March 2016||08:30 – 10:30||The Silver Oak, India Habitat Centre||Lodhi Road, New Delhi, Delhi 110003, India||Register|
|Bogotá||Friday, 18 March 2016||10:00 – 12:00||Bogotá World Bank Office||Cr 7 # 71 – 21, Torre A, piso 16, Bogotá, Colombia||Register|
|São Paulo||Monday, 21 March 2016||09:30 – 12:00||São Paulo, IFC Office||R. James Joule, 65, São Paulo – SP, 04576-080, Brazil||Register|
|Webinar 1||Wednesday, 23 March 2016||09:00 – 11:00||Webex Online||Register|
|Webinar 2||Wednesday, 23 March 2016||20:00 – 22:00||Webex Online||Register|
|Washington, DC||Monday, 28 March 2016||14:00 – 16:00||Georgetown University Hotel and Conference Center||3800 Reservoir Rd NW, Washington, DC 20007||Register|
*all times in local time, in the time zone of the location of the event