CDR.fyi

?? Durable CDR Pricing Survey ?? Today, we are excited to be re-launching the "Durable CDR Pricing Survey" in partnership with OPIS, A Dow Jones Company! ?? The survey, open for both purchasers and suppliers, aims to help market participants understand pricing expectations for durable carbon removal credits. ? To participate in the survey and learn more about it, read our latest blog post here:?https://lnkd.in/gwhbYFfP [*updated from the original post dated October 27, 2024] ?? All individual responses will be kept strictly confidential, and the survey is open until December 6. ?? Purchasers and suppliers that complete the survey will receive a full complimentary report with detailed findings, while we will publish the summary findings on our website. Market Intermediaries such as Marketplaces, Brokers, and Resellers are encouraged to complete both surveys. ?? Feel free to reach out to us at?[email protected]?in case you face any issues accessing the survey or have any questions

?? We are back with another edition of "This Week in CDR" - a weekly round-up of some of the top news, developments, and market updates from the world of durable carbon removal. Here are some quick highlights: ?? Planetary delivers the world's first Ocean Alkalinity Enhancement credits ? A new bill to support tax credit in CDR gets introduced in the US Senate ?? Paebbl secures a $2.2M grant from the Dutch government ?? Skytree selected as a technology provider for the world's first 100% wind-powered DAC hub ?? Isometric released the world's first protocol for CDR via wastewater ?? Read on to learn more in the latest edition of This Week in CDR here: https://lnkd.in/gdYq6r3g ?? In case you missed it, last week we re-launched the Durable CDR Pricing Survey in partnership with OPIS, A Dow Jones Company. The survey, open for both purchasers and suppliers, aims to help market participants understand pricing expectations for durable carbon removal credits. It is open until December 6 and the full report will be distributed to respondents in January. ? To participate in the survey and learn more about it, use the link in the comments below.

???? Fantastic Finland: A Growing Hub for Carbon Removal With 7 companies and 6 projects, Finland is emerging as a key player in durable carbon removal—not just in the Nordic region, but across Europe. ?? Finland’s ambitious climate plan aims for net zero by 2035, targeting the removal of 21Mt of CO?e by then. Biochar dominates its CDR market, with Finnish suppliers selling over 28,000 tonnes by the end of Q3 2024. The country also leads in research and innovation, driving CDR advancements alongside its Nordic neighbors. ?? From global CDR registry Puro.earth to?Carbo Culture, home to one of Europe’s largest biochar plants with a capacity of 3,000 tonnes per year, Finland is setting benchmarks for scaling global carbon removal. ?? Notably,?Carbofex?was the first supplier in CDR.fyi's database, recording a transaction of 100 tonnes of CDR with Swiss Re over five years ago. ?? A big shoutout to Finnish innovators like?Carbonaide,?Soletair Power,?Nordic Impact Oy,?Soilwatch, and?Ekovilla Oy?for their vital contributions to the CDR ecosystem. ?? Earlier this year, we launched a new feature allowing organizations to map their CDR projects and facilities. Learn more and add your project locations through the CDR.fyi Portal:?https://lnkd.in/gee37U2n

?? Last week at COP29, new standards for methodologies and removals in the Article 6.4 Mechanism were officially approved by the conference of the parties to the Paris Agreement (CMA), setting the foundation to establish a global carbon market. ? How encouraged are you with the approval of the Article 6.4 mechanism at COP for CDR? - Very encouraged - Somewhat encouraged - Slightly encouraged - Not encouraged ?? To learn more about the Article 6.4 mechanism, check out Carbon Gap’s policy tracker on it: https://lnkd.in/eUA6g9FN ??? Share your thoughts in the comments below!

?? CDR.fyi?Insight - Microsoft ?? Accounting for 70% of total durable CDR volume through end-Q3 2024, Microsoft is setting the pace for durable CDR purchasing. ? What have been some of the key drivers of its CDR strategy? How does its decisive stance on durable CDR support its net zero commitments? What are some of the key lessons from its approach? To answer those questions and more, in this CDR.fyi Insight, we explore Microsoft’s durable CDR engagement and synthesize what other companies can emulate from their approach and strategy. Here are a few highlights: 1. Market Leadership: Microsoft has demonstrated unparalleled market leadership in contracted volume, positioning itself as a significant influencer in the CDR industry. 2. Strategic Investments: Microsoft’s purchases include both large-scale, long-term contracts and a diversified CDR portfolio of emerging CDR technologies. 3. Driving Industry Standards: Microsoft is not just participating in the CDR market but actively shaping industry standards and practices. 4. Bullets before Cannonballs: Microsoft’s purchases have included smaller, exploratory investments in emerging CDR technologies while prioritizing “anchoring scale.” 5. Net Zero Commitment: Microsoft’s leadership in durable CDR is a direct result of its ambitious net zero commitment, acting decisively in the present to seed the market and secure access to carbon removal credits in case of a potential future supply crunch. ?? Read the full Insight here: https://lnkd.in/gECSsv-m ? Huge thanks to Isaac De León for leading the effort on this CDR.fyi Insight, and to Nadine Walsh, Tank Chen, and Alexander Rink for their contributions.

?? A big congratulations to Planetary for delivering the world's first Ocean Alkalinity Enhancement (OAE) credits. ?? A total of 138 net tonnes of OAE credits, generated from Planetary’s project in Halifax Harbour, has been delivered to Frontier, with allocations to Shopify (96 tonnes) and Stripe (42 tonnes) under a 2023 prepurchase agreement. Also a big shoutout to Shopify, Stripe, Dalhousie University, and Nova Scotia Power, for their support in showcasing that OAE is a scalable, effective, and safe approach to addressing climate change.

?? What an exciting line-out of events and webinars on #carbonremoval and #carbonmarket coming up in the next few weeks! Look at all these events on the CDR.fyi Events calendar! Be it webinars or panel discussions (across Berlin, Helsinki, and Toronto), there is an event for everyone! ? We're also excited to share that Tank Chen from our team will be moderating an event by Airminers to discuss Japan's growing role as a carbon removal hub. Check out the article on Japan's CDR strategy (link in the comments), written by Tank, that we published in August. ? Carbon Removal in Japan: The GX League and Beyond by AirMiners ?? November 22 | 4PM PST/7M ET??? Webinar ? German Biochar Forum 2024: How to apply biochar in sustainability management and accounting - German Biochar e.V. (German Biochar Association) ?? November 18-19??? Berlin/Hybrid ? Fourth Annual Carbon Dioxide Removal Law & Policy Conference - Institute for Responsible Carbon Removal American University ?? November 18 | 12 PM ET??? Webinar ? This is CDR - The 2025 Carbon Removal Challenge - The OpenAir Collective ?? November 19 | 9AM ET??? Webinar ? Puro.earth "Carbon Dioxide Removal: Commercialisation Landscape" Panel at Slush 2024 ?? November 19 | 9AM ET??? Helsinki ? Engineered Carbon Solutions: Exploring Innovation - Climate North ?? November 20 | 6PM ET??? Toronto ? Building Biochar Markets for Value & Scale - Grain Ecosystem ?? November 20 | 10.30 AM ET??? Webinar ? This is CDR - CDRjobs | The OpenAir Collective ?? November 26 | 12PM ET??? Webinar ? The Role of Carbon Removal: Tech, Policy, and Business Insights - The Transition Accelerator/ L’Accélérateur de transition ?? November 27 | 1PM ET??? Webinar ? COP29 Recap: Takeaways and Next Steps - Airminers ?? November 28 | 10AM ET??? Webinar ?? https://lnkd.in/gXV26fzk ? Check out the CDR events calendar above to register and subscribe to the calendar so you never miss any event in CDR.

?? We are back with another edition of "This Week in CDR" - a weekly round-up of some of the top news, developments, and market updates from the world of durable carbon removal. Here are some quick highlights from last week: ?? Microsoft and RBC buy 10,000 tonnes of CDR from Deep Sky ?? Article 6.4 gets approval by the UN at COP29 ?? Vaulted Deep's $32.3M Series A round ?? A new initiative by ClimeFi (formerly CarbonX) and XPRIZE to boost CDR demand by 1M tonnes in 2025 ? Octavia Carbon receives Ae rating for its carbon credits from BeZero Carbon ?? Read on to learn more in the latest edition of This Week in CDR here: https://lnkd.in/geCHesmh ?? A big thank you to the incredible CDR community on LinkedIn for helping us reach the milestone of 10,000 followers! This achievement reflects the growing interest and collective effort in durable carbon removal as continue with our mission to bring more transparency and accountability in the market.

?? In a recent article by Sightline Climate (CTVC) titled “Trump 2.0 for climate tech”,?carbon is cited as one of the broad climate tech areas that stand at a risk, policy-wise. ? Given the imminent change in administration in the US government, how optimistic are you regarding the development and scaling of the durable carbon removal globally? - Very optimistic - Somewhat optimistic - Very pessimistic - Somewhat pessimistic ??? Share your thoughts in the comments below!?

?? Big First Deals Alert!??? ?? Microsoft and RBC have signed a 10-year agreement to purchase 10,000 tonnes of CDR from Canadian project developer Deep Sky. ?? As part of the agreement, Deep Sky will?deliver an initial 10,000 tonnes with options to purchase an additional 1 million tonnes from Deep Sky's pipeline of commercial projects. ?? The tonnes will be delivered from Deep Sky Labs, the world's first CDR innovation and commercialization center. ?? This is first durable CDR deal for both Deep Sky and Royal Bank of Canada (RBC). ?? At 43rd, RBC is the newest entrant to the CDR.fyi Purchaser Leaderboard. ? Deep Sky, another new entrant to the CDR.fyi Supplier Leaderboard, stands at 43rd. ?? Read the full announcement here:? https://lnkd.in/g6B_T-j6 ?? Check out the full leaderboards on our website.