Kelp Climate Fund
Funding Amount
Up to $25,000 per farm per year
Deadline
Rolling / Open
Grant Type
foundation
Overview
Kelp Climate Fund
Overview: GreenWave's Kelp Climate Fund is a subsidy program for ocean farmers to support a bundle of climate impacts, including carbon sequestration, nitrogen removal, and reef restoration.
Background: Launched in 2021 as a pilot program with 9 farms, the fund has grown significantly. For the 2023-24 farm season, the fund reached $540,000 with over 45 participating farms. GreenWave intends to grow the fund to $1 million in annual seed subsidies supporting 250 farmers planting 1 million feet of kelp seed.
Geographic Scope: North America (United States and Canada)
Focus Areas:
Eligibility:
What the Program Provides:
Program Evolution (2025-26 Season):
The program has been redesigned with two components:
1. Fall Seed Subsidy: $1 per linear foot of seedstring outplanted (up to $10,000), paid in full prior to season start
2. Spring Sales & Stabilization Bonus: $1 per pound match of kelp sold or stabilized (up to $15,000), paid in spring with proof of delivery or processing
Farmers can earn up to $25,000 per year combined.
Contact: GreenWave (greenwave.org)
How to Apply
How to Apply
1. Eligibility Check: Confirm you are growing more than 1,000 feet of kelp seed in North America
2. Application Submission: Visit the application portal and submit your application
3. Review Process: Applications are reviewed on a rolling basis and accepted on a first-come, first-serve basis
4. Approval and Payment:
- Fall Seed Subsidy is paid in full prior to the start of the season
- Spring Sales & Stabilization Bonus is paid once proof of sale or stabilization is submitted and reviewed
Required Documentation
For Fall Seed Subsidy:
For Spring Sales & Stabilization Bonus:
Data Collection Requirements
Participating farmers must:
Support Resources
GreenWave provides access to resources on:
Focus Areas & Funding Uses
Fields of Work
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