Project Funding Programmes

Within the framework of the Project Funding Programme, the Foundation supported projects in the fields of motor fuels, space heating, industrial process heat and waste heat recovery that markedly reduce CO2 emissions. Such project submissions were examined by experts and, if they met requirements, granted admission to the selection process. For projects that were approved by the Foundation’s bodies, a contract was drawn up with the Foundation setting out the conditions governing the remuneration of emissions reductions.

In the Auction Programme, projects complying with requirements were ranked according to cost-efficiency (reduction price per tonne of CO2) and accepted as long as the funds available for each auction round lasted. Over a total of ten auction rounds, the Foundation acquired 393’000 tonnes of CO2 stemming from 84 projects at an average price of 108 Swiss Francs per tonne. By October 2010, a contract had been signed with 69 of them, covering a total of 322'000 tonnes of CO2 reductions over the period 2008 to 2012. 24'000 tonnes have already been delivered.