2023 Legislation

NATURAL CLIMATE SOLUTIONS – SB 530

Passed

Natural Climate Solutions is part of a larger piece of legislation, the Climate Resilience Package. his comprehensive package brings together and provides $90 million in funding for more than a dozen priority bills related to climate action.

The package includes bills supported by our coalition partner, OJTA.

SB530

Relating to natural climate solutions; prescribing an effective date.

Establishes state policy regarding natural climate solutions.

Establishes Natural and Working Lands Fund and provides for transfer of moneys from fund to certain state agencies. Prescribes uses of moneys from fund and requires Oregon Global Warming Commission to report to legislature on uses of moneys from fund.

Directs State Department of Energy and commission to prepare inventory, baseline, activity-based metrics and community impact metrics for net carbon sequestration and storage in natural and working lands and establish carbon sequestration and storage goals.

Directs State Department of Energy, in coordination with commission, to study workforce training programs needed to support adoption of natural climate solutions and provide results to committees of Legislative Assembly related to environment no later than September 15, 2024.

Authorizes commission to appoint natural and working lands advisory committee.

Takes effect on 91st day following adjournment sine die

Read the details of SB530 on OLIS

Chief Sponsor(s): Senator Dembrow, Representative Marsh, Senator Golden, Representative Neron

Regular Sponsor(s): Senator Campos, Frederick, Manning Jr, Patterson, Taylor, Representative Gamba, Gomberg, Helm, Hudson, Pham K, (Presession filed.)

Advocates: