Skip to main content

Table of Contents

A. Background

  1. Climate Context and the Role of Carbon Dioxide Removal
  2. Goal and Scope of this Guidebook
  3. Carbon Removal Offtake Agreements (Offtake Agreements)
  4. Process for Carbon Dioxide Removal
  5. Stakeholders Ecosystem in Offtake Agreements
  6. Market Barriers and the Need for Structured Agreements
  7. Offtake Agreements as a Bridge to Scale

B. Open Standard Carbon Removal Offtake Agreement (OSCAR)

  1. Introduction
  2. OSCAR's Articles
    • (a) Article I and Article II: Purpose, Definitions, and Term
    • (b) Article III: Sale and Purchase of CDR credits
    • (c) Article IV: Price, Payment, Taxes
    • (d) Article V: Title Transfer
    • (e) Article VI: Monitoring, Reporting, and Verification (MRV)
    • (f) Article VII: Shortfalls
    • (g) Article VIII: Representations and Warranties
    • (h) Article IX: Public Announcements and Marketing
    • (i) Article X: Environmental, Safety, and Reputational Issues
    • (j) Article XI: Events of Default, Termination, Remedies
    • (k) Article XII and Article XIII: Indemnities and Liability Caps
    • (l) Article XIV and Article XV: Confidentiality, Intellectual Property
    • (m) Article XVI: Insurance and Project Operations
    • (n) Article XVII and Article XVIII: Sanctions, Anti-Bribery, and Anti-Corruption
    • (o) Article XIX. Miscellaneous Provisions
  3. Additional Aspect: Conditions Precedent and Milestones
  4. Reversals and Leakages
  5. Right of First Offer (ROFO) / Right of First Refusal (ROFR)
  6. Conclusion

C. Implementation Guidance

  1. Practical Steps for Negotiation
  2. Electricity Use and Accounting
  3. Governance, Standards, and International Alignment

D. Lessons Learned and Future Outlook

  1. The Importance of Standardization
  2. The Role of Transparency
  3. Balancing Flexibility and Certainty
  4. Future Directions

Appendices

  • Appendix A: Glossary of Key Terms
  • Appendix B: Offtake Agreement Negotiation Checklist
  • Appendix C: Resources
  • Appendix D: Acknowledgements