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2024-02-26-minutes-public-works-study-session
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2024-03-05 10:00 AM - Commissioners' Agenda
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2024-02-26-minutes-public-works-study-session
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Last modified
2/29/2024 1:14:20 PM
Creation date
2/29/2024 1:10:49 PM
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Meeting
Date
3/5/2024
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Item
Approve Minutes
Order
1
Placement
Consent Agenda
Row ID
115019
Type
Minutes
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BD <br />OZ <br />INITIATIVE <br />BDO Zone Summary <br />BDO Zones enable high potential "biomass -rich" <br />communities to tap into the trillion -dollar bioenergy <br />sector <br />Clean energy markets are growing at an unprecedented pace, with <br />trillions of dollars of capital ready to be deployed into the energy <br />transition. <br />Thousands of communities throughout North America havetremendous <br />surpluses of sustainable biomass -- and many want to leverage those <br />biomass assets to attract new clean fuels, renewable chemical and <br />biogas projects, drive new biobased economic development, and <br />create jobs. <br />However, a key barrier makes it difficult to unlock the value of regional <br />biomass assets: local communities have no means to quantify and <br />"signal" regional feedstock and infrastructure risk to clean energy <br />stakeholders in a transparent, credible and efficient manner. <br />The unfortunate result is that many high potential communities are <br />effectively "lost" to biobased economic development: the local <br />economic benefit of the clean energy transition —investments in new <br />plants, new machinery and newjobs-- fail to materialize, and the ability <br />to benefit from the trillion -dollar global bioenergy sector is significantly <br />reduced. <br />BDO Zone Ratings solve this problem by enabling high potential <br />"biomass -rich" communities to be "found" by biobased developers <br />and investors around the world. <br />By doing so, BDO Zone ratings enable communities to unlock their <br />biomass and infrastructure resources assets, and leverage them as. <br />engines for economic development in the energy transition. <br />BD <br />OZ <br />INITIATIVE <br />Creating project development "bulls -eyes" on the <br />best areas for new bio-based plants <br />The BDO Zone Initiative (www.bdozone.org) is a regional biomass <br />supply chain certification and rating program that gives economic <br />development bodies the tools to rapidly accelerate biobased project <br />development. <br />A BDO Zone rating is a technical risk assessment of biomass feedstock <br />supply chain and infrastructure attributes of a region with respect to <br />the feasibility and development potential of new biofuel, renewable <br />chemical, biogas or bioproduct manufacturing plants. <br />BDO Zone Ratings send clear and powerful signals to biobased <br />developers and investors worldwide that a specific region is shovel <br />- <br />ready for bio-based development Ratings enable rated economic <br />developers to credibly signal and promote key local biomass supply <br />chain "success" characteristics to biobased developers and investors <br />around the world. <br />'AAA, 'AN, 'A and 'BBB' ratings put an internationally recognized <br />credible "bulls -eve" on the best areas in the country to build and <br />operate new bio-based manufacturing plants. <br />Ratings fill a critical need for more credible financial tools that empower <br />place -based bio-economy development by enabling local regions to <br />gain attention at the international level to attract new biomass -based <br />clean fuel projects; decarbonize, and createjobs. <br />Investment in projects located in BDO Zone -rated communities is <br />powered by the BDO Zone Investment Coalition, made up of over 20 <br />key bio-economy capital markets and investors, including Goldman <br />Sachs and Citibank, which allocated $1B of capital for investment in <br />BDO Zones in 2021. <br />The goal of the BDO Zone Initiative is to catalyze development of the <br />North American bioeconomy with 1000 BDO Zone Ratings over 4 years. <br />Want to know more? <br />Contact: <br />Aryn Garswood Jordan Solomon <br />Head BDO Zone Initiative Chairman BDO Zone Initiative <br />aryn@ecostrat.com jordan.solomon@ecostrat.com <br />
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