About Us > Policies and Governance
Not-for-profit mandate
As a not-for-profit organization, the Carbon Reduction Fund's revenues and energies are focused on one goal: sourcing and developing high quality carbon offsets. While focused on this goal, we strive to maintain a low-overhead operating environment, which increases our impact on the public good, and translates into greater value for our partners.
Board of Directors
The Carbon Reduction Fund has established a Board of Directors with strong industry, subject matter and corporate governance expertise to guide the Fund. For more information about our board, click here.
Technical advisory committee
An independent technical advisory committee was created specifically to review and approve all future potential offset source projects. This group is composed of a variety of experts from the environmental non-governmental organization (ENGO) and academic and private sectors to assist in helping craft and maintain industry-leading standards. This committee will provide an additional level of oversight to the Fund through the following:
- - Reviewing proposed projects and programs that are the source of proposed offsets
- - Helping to guide development of our project portfolio
- - Ensuring that high standards are maintained in regards to offset project source
- - Assisting in identifying prospective groups or types of projects that may be relevant to the Fund
For more information about our technical advisory committee, please click here.
Transparency
The Fund will strive to set a benchmark for transparency regarding investment project sources and organizational activities. Information on all offset project portfolio holdings and relevant documentation pertaining to these projects will be posted on the Carbon Reduction Fund website. In addition to this, the Fund will post an annual public disclosure statement to provide transparency regarding the Fund's operations. Our first annual statement will be released in 2009 following the 2008 fiscal year.
