Tag: Carbon Removal

Trafigura Group Pte Ltd, a global leader in commodities, and GenZero, a decarbonization-focused investment platform owned by Temasek, have committed over $100 million USD to expand the Brújula Verde landscape...

Key Impact Points: Ebb Carbon has signed an agreement with Microsoft to remove up to 350,000 tonnes of CO2 over the next decade using Ebb’s innovative Electrochemical Ocean Alkalinity Enhancement...

Key Impact Points: Morgan Stanley has partnered with Climeworks, a leader in carbon removal, to permanently eliminate 40,000 tons of CO₂ from the atmosphere. This partnership, which runs until 2037,...

Key Impact Points: Why it matters: Meta has joined the U.S. Department of Energy’s Carbon Dioxide Removal Purchasing Challenge, pledging $35 million for carbon removal projects. This is part of...

China’s National Development Bank (NDB) has taken another significant step in supporting sustainable finance by issuing 12 billion yuan (approximately $1.7 billion) in green financial bonds. These three-year bonds, offered...

RepAir Carbon US Inc. and C-Questra have teamed up to launch the European Union’s first onshore Direct Air Capture and Storage (DACS) project in Grandpuits, France. This collaboration marks a...

Microsoft has bought over 80,000 metric tons of carbon removals from the Blue Creek Improved Forest Management Project, managed by Western Rivers Conservancy (WRC) in Northern California. This purchase aligns...

Carbon Direct and Microsoft have released the 2024 edition of the Criteria for High-Quality Carbon Dioxide Removal, reflecting significant market and scientific advancements since their initial collaboration in 2021. Market...

Hamerkop and the International Biochar Initiative released “A Manual for Biochar Carbon Removal,” a comprehensive guide for biochar producers and investors. It compares certification standards, offers practical project design guidance,...

A new report by Oliver Wyman, in collaboration with the City of London Corporation and the UK Carbon Markets Forum, projects the global carbon dioxide removal (CDR) market could reach...

Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...

Deep Sky, the Canadian carbon removal project developer, and Sustaera, a US-based modular Direct Air Capture (DAC) company, have signed a Memorandum of Understanding to explore carbon removal technology in Canada....

Google is launching a new coalition called Symbiosis, a multi-company effort designed to increase the effectiveness of nature-based carbon removal projects. Symbiosis brings together a group of corporate buyers committed...

In a landmark deal, Ørsted will sell a further one million tonnes of carbon removal over a ten-year period to Microsoft from Avedøre Power Station, which is part of the...

re.green has finalized its largest carbon removal (CDR) project to date. re.green will deliver approximately 3 million tons of carbon removal credits over a 15-year period through the restoration of...

Frontier has facilitated offtake agreements with Vaulted Deep, a carbon removal company that injects carbon-rich organic waste deep underground for permanent storage. Vaulted spun out of—and uses core tech from—Advantek Waste...

Stockholm Exergi announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The...

New collaboration aims to scale the full value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills. CO280 and Aker Carbon Capture’s collaboration...

As recent global temperatures records show, the world is off-track to reach net zero. The carbon removal industry needs to grow rapidly on all fronts to help fight global warming. This is...