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Tag: Carbon Removal
America’s AI boom demands vast energy infrastructure—but risks massive carbon emissions. Climate-tech innovator Spiritus today announced a $30M Series A funding round, led by Aramco Ventures with participation from Khosla...
Leadership for the Next Growth Phase Puro.earth, a leading carbon removal marketplace, has appointed Jan-Willem Bode as President. With a deep background in sustainability, Bode co-authored the first Gold Standard,...
Chestnut Carbon, a U.S.-focused nature-based carbon removal developer, has raised $160 million in a Series B round. The investment will accelerate its afforestation initiatives, targeting the sequestration of 100 million...
Driving Carbon Removal at Scale Google is ramping up its commitment to carbon removal, contracting over $100 million in credits—three times its 2023 pledge. Through independent purchases and the Frontier...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks...
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...
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