Project Development Manager, Carbon Markets

Carbon Markets Portland, Oregon San Francisco, California United States


Every day, we work together for what matters – bold, swift, and equitable climate action. 


3Degrees helps organizations around the world implement renewable energy, transportation decarbonization, and other climate solutions. To support our work to expand our portfolio of projects that generate environmental attributes, we are looking for an experienced project development manager excited to decarbonize agriculture, transportation and other key sectors that are essential to mitigating the worst impacts of climate change.  Current areas of focus for this role include carbon removals, agricultural supply chain emission reduction projects, and biogas projects.  

This is a full time position reporting to the Director, Development. The Manager will be supported by 3Degrees’ operations team, which oversees ongoing project monitoring, reporting, and verification to create environmental attributes, as well as the carbon and transportation commercial teams, which manage the sale of the attributes.  

The development team is currently located in Portland, OR  and Chicago, IL.  We have a preference for this new team member to join us in our Portland, OR office, but open to highly qualified candidates that will work remotely within the United States.


The Project Development Manager will focus substantially on the following:

  • Originate, develop, and manage new project opportunities, including structuring agreements 
  • Field inbound opportunities and quickly determine which projects offer strategic alignment with our business, expertise, and customers
  • Structure bespoke investment, pre-purchase, offtake, and revenue share agreements to meet specific counterparty and 3Degrees needs regarding role and financial risk/return
  • Build discounted cash flow models, modeling scenarios for credit delivery, project costs, credit prices, and other inputs necessary to assess an opportunity’s risk/return
  • Lead due diligence on project risks, including program/protocol eligibility, credit delivery, operational risk, costs, counterparty credit, and historic project performance
  • Draft investment memos for consideration by 3Degrees’ risk management committee
  • Conduct and present research and analysis for strategic consulting projects to support 3Degrees’ customers in new carbon project development
  • Represent 3Degrees at conferences and webinars, delivering presentations about how projects can benefit from carbon and transportation markets 


You are a motivated, mission-driven environmental professional with experience and working knowledge of carbon and transportation environmental commodity markets, and a solid understanding of how new projects are developed and financed. We believe an individual with this knowledge, combined with the following experience would be successful in this role.

  • 5+ years of experience with project development, finance and economics, and/or environmental credit markets
  • Experience with carbon removal, agriculture and/or biogas emission reduction projects
  • Experience negotiating unique offtake, pre-purchase and/or financing agreements
  • Strong financial modeling, analysis, and structuring skills
  • Experience performing due diligence and presenting opportunities for investment 
  • Track record interpreting regulatory or protocol requirements to qualify and quantify environmental credit generation
  • Educational background in economics, finance, or environmental sciences, Master’s a plus
  • You bring a strong understanding of technical and quantitative details
  • Adept at building relationships and negotiating agreements


After 1 year, a successful Project Development Manager will:

  • Be a key contributor to the origination, structuring, and due diligence of projects that will reduce over 2 million mtCO2e, serving as the main point of contact for 25% of these projects
  • Comfortably manage introductory meetings with opportunities, with a strong sense of 3Degrees’ value proposition to project developers and what opportunities can be rejected early in the development process
  • Serve as a subject matter expert on carbon and transportation markets to 3Degrees’ clients


  • Compensation: The minimum and maximum salary for this position is $72,000 to $108,000 in the US
  • Benefits: this position is eligible for a benefits package that includes medical, dental, vision, 401k, flexible paid time off and more. Additional information regarding the benefits available for this position can be found at:
  • Supplemental Pay: this position is eligible for discretionary bonus programs including the company’s profit sharing program and an annual team Bonus Pool
  • This compensation and benefits information is based on 3Degrees’ good faith estimate as of the date of publication and may be modified in the future


3Degrees is an equal opportunity employer. We promote, value, and thrive with a diverse and inclusive team. Different perspectives contribute to better solutions and this makes us stronger every day. We are proud to welcome people of all race, color, religion, national origin, gender identity, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation or any other category protected by law.