New Venture Fund
For The Fossil Fuel Reduction Project
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Amount$2,150,000
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Program
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Date Awarded7/23/2013
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Term12.0 Months
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Type of SupportProject
Strategies
Overview
The Fossil Fuel Reduction Project is a multifunder, multiyear project of the New Venture Fund. It focuses on slowing and capping the growth of tar sands development at a level consistent with global scenarios for atmospheric levels of carbon not exceeding 450 ppm. Producing a barrel of tar sands oil is about 25 percent more carbon intensive than producing a barrel of conventional oil. The project’s strategy is threefold: (1) block infrastructure expansions, mainly pipeline expansions in the United States and Canada, and new tar sands mines in Alberta; (2) improve regulations in Alberta to include the full cost of water, air, habitat ,and community impacts; and (3) reduce demand for tar sands oil in the United States and in Europe through policies such as low-carbon fuel standards or the fuel quality directive.
About the Grantee
Grantee Website
www.newventurefund.org
Address
1828 L Street NW, Suite 300 – A, Washington, DC, 20036, United States
Grants to this Grantee
for the Tech Talent Project
The Tech Talent Project is a nonpartisan nonprofit project fiscally sponsored by New Venture Fund that addresses the pressing need for tech talent in government to effectively implement nonlegislative policy, provide services, and address emerging technologies like AI. Recent shifts in the digital labor market present an unprecedented opportunity to accelerate this work in the federal government. (Substrategy: Executive Branch)
for Vision First’s Abortion on Our Own Terms project
Abortion On Our Own Terms, a project of Vision First (a fiscally sponsored project of New Venture Fund) is a national campaign that aims to make safe, effective self-managed abortion available to all people without shame, stigma, or legal risk. (Strategy: U.S. Reproductive Equity)
