SUNYA Energy

Announcing Watershed's 1-megatonne carbon removal RFP

March 4, 2025
SUNYA Summary
- Watershed is accepting proposals from suppliers to meet a demand for 1 megatonne of carbon removal credits. - This is Watershed's first request for proposals aimed at building an ecosystem of carbon removal partners. - Watershed's customer base includes over 500 global companies that actively pursue sustainability initiatives. - The RFP seeks solutions that combine both nature-based and engineered carbon removal methods. - Current offerings include permanent and nature-based carbon removal projects, clean power, and sustainable aviation fuel products. - Previous partnerships include collaborations with Frontier and virtual power purchase agreements. - Selected suppliers will benefit from an easier sales process and build long-term relationships with Watershed's growing customer base. - Participants will receive priority for future purchase cycles, including multi-year agreements. - Portfolio building through Watershed allows customers to access aggregated buying benefits and high-quality projects. - Customers can mitigate costs and decrease complex contract negotiations while supporting climate-critical technologies. - Applications for the RFP are due by March 31st, and detailed guidance is available for interested suppliers. - Additional resources include supplier FAQs and application questions, with direct outreach options for inquiries.
PRESS RELEASE
Announcing Watershed's 1-megatonne carbon removal RFP

Watershed is accepting proposals from suppliers to fill a 1-megatonne carbon removal credit demand

March 3, 2025

Watershed is opening its first-ever request for proposals for carbon removal suppliers to join our ecosystem of decarbonization partners. We are seeking 1 megatonne of carbon removal credits for Watershed customers—a group of 500+ global companies with high-impact sustainability programs. Watershed's diverse customer base requires a range of solutions, which is why we are launching the first RFP in the market to procure both nature-based and engineered removals together.

Watershed customers currently have access to a vetted selection of permanent and nature-based carbon removal projects, plus clean power and sustainable aviation fuel products. Previous projects include our first-of-its-kind partnership with Frontier, novel virtual power purchase agreements, and sustainable aviation fuel certificate purchases. We are seeking new carbon partners to diversify and increase the breadth of projects currently available to our customers to build high-impact, de-risked portfolios.

Carbon removal suppliers selected in the RFP will:Access a simplified sales and contracting process with an aggregated buyer group through Watershed
Build long-term relationships with Watershed customers—a rapidly growing group of over 500 companies that spans industries, sizes, and geographies
Receive priority consideration for subsequent purchase cycles, including multi-year agreements

Customers that build a carbon removal portfolio through Watershed will:Leverage the benefit of aggregated buying with other Watershed customers to contain costs and reduce the burden of complex contract negotiations
Access high-quality projects typically available only to the biggest buyers, while supporting nascent, climate-critical technologies
Lock in supply in a highly constrained market
Make measurable progress against sustainability goals

Applications are due by March 31st. For details on how to apply, please refer to our RFP guidance. For more information, please see our supplier FAQs and application questions, or reach out directly.Topics:
Carbon removal