The Climate Intervention Environmental Impact Fund aims to support environmental impact assessments (EIA), predictive impact modeling, and stakeholder engagement efforts for emerging technologies with potential for significant climate benefits. This includes a wide range of innovative climate intervention strategies, while explicitly excluding stratospheric Solar Radiation Management (SRM), Carbon Capture Utilization and Storage (CCUS), and Direct Air Capture (DAC), due to controversies, governability issues, and the existence of other funding sources for these methods.
The grant program focuses on supporting projects that can demonstrate potential scalability to meaningfully address climate change impacts through innovative interventions. Specifically, it funds activities related to environmental impact assessment, predictive impact modeling, and engagement with stakeholders potentially impacted by the field testing of such technologies. The grant seeks applications for technologies like biochar, black soot removal, cloud brightening, and other similar interventions that do not include SRM, CCUS, or DAC methods. Applicants are required to detail how they would effectively use $75,000 to support their project's EIA, modeling efforts, or stakeholder engagement, addressing ten specific questions ranging from technical readiness and environmental impacts to budgeting and insurance.