Puro.earth

Here it is: The latest Puro.earth 2024 Carbon Dioxide Removal (CDR) Market Map for you. 🌟 The voluntary carbon market is growing and adapting to meet the challenges of a world pushing for net zero and greater climate and sustainability justice. McKinsey research predicts the market's value could soar to over $50 billion by 2030. 💸 After our widely shared 2023 market map, we present to you the updated 2024 version, honing in on durable carbon removal. 🌎 From the supply side where climate action happens 🔮, to the certification and governance bodies fortifying market integrity ✅, and to the demand side transforming action into sellable products ♻️, culminating in end users consuming or retiring carbon removal credits 🛒. Ready for a deep dive into the intricacies of the carbon removal value network? Download the Puro 2024 CDR Market Map as a high-res PDF: https://hubs.ly/Q02lW9z90 While our map captures the essence of the CDR landscape, we recognize it's only a snapshot. Unfortunately, we couldn't squeeze in all the players and innovators, including all of our valued Puro suppliers with their 159 projects, and our partners. We've focused on the larger volumes of issued and forecasted carbon removal credits, spanning regions globally and embracing a variety of CDR methodologies, taking data from both the Puro Registry and external sources such as https://hubs.ly/Q02lW8Gq0. What's your take and what did we miss? We’d love to get your feedback. Wakefield BioChar, NetZero, Aperam BioEnergia Ltda., Exomad Green, Running Tide, Charm Industrial, Carbofex, Novocarbo, Climeworks, UNDO, InterEarth, Red Trail Energy, Pyreg GmbH, Accend Carbonfuture, GECA Environnement, 3Degrees Group, Inc. Kita, Quantum Commodity Intelligence, CDR.fyi, Carbon Gap, BeZero Carbon, Sylvera, Toucan, Xpansiv, CBL, Patch, XPRIZE #VoluntaryCarbonMarket #VCM #CarbonRemoval #CDR #CarbonMarkets #MarketMap #ClimateChange #Sustainability

In line with the IPCC, we commit to defending the position that, in in addition to deep, rapid, and sustained emission reductions CDR can fulfill three different complementary roles, at either the global or the country level: 1. Lowering net emissions in the near term. 2. Counterbalancing ‘hard-to-abate’ residual emissions in order to help reach net zero emissions in the mid-term. 3. Achieving net negative emissions in the long term if deployed at levels exceeding annual residual emissions. We believe that CDR must not be used to reduce the level of ambition on emission reductions, because this would impede efforts to slow and reverse global warming. Get to know the Carbon Removal Methods certified under the Puro Standard to learn more: https://hubs.ly/Q02WN7SK0 🌐 Be part of the community and sign up to the CDR Industry Commitments: https://hubs.ly/Q02WN3jx0

Next to in-sector emission reduction measures, carbon removal is essential for the aviation industry to reach net zero. Climeworks and British Airways are collaborating to scale direct air capture (DAC) technology, which captures CO2 directly from the air. This partnership highlights how carbon removal is crucial for reducing aviation's carbon footprint and achieving long-term sustainability goals. As the industry pushes toward net zero, combining emission cuts with carbon removal will be key to a cleaner future. 🌍✈️ Read the whole article: https://hubs.ly/Q02WsyN80 And check out Climeworks listing in the Puro platform: https://hubs.ly/Q02Wsl8z0 #CarbonRemoval #NetZero #SustainableAviation #ClimateAction

Want to know how companies are tackling carbon emissions? Visit the Puro Registry to see which projects have been chosen by different organizations to neutralize their carbon footprint. 🌱 🔍 How to Use: - Go to the "Projects" tab and filter by methodology, such as biochar, geologically stored carbon, or terestrial storage of biomass. - You can also search by country, project type, and more to see what aligns with your own sustainability goals! The Puro Registry showcases transparent information on each project, providing a clear look at the steps companies are taking to make a real impact: https://hubs.ly/Q02WN6ZB0 And check out our suppliers: https://hubs.ly/Q02WN2dg0

As COP29 approaches, Puro.earth looks forward to engaging with governments, observing Article 6 negotiations, and sharing insights in panels to help expand the durable carbon removals sector. 🌍 COP, or Conference of the Parties, is where governments assess progress on the Paris Agreement and work to limit global warming to 1.5°C, guided by the latest science. With 198 Parties (197 countries plus the EU), the next conference will take place in Baku, Azerbaijan, in November 2024. Known as the "Finance COP," this year’s conference aims to set a new climate finance goal above USD 100 billion annually by 2025. Key topics for us include national climate pledges and carbon markets. Read our blog to learn more about what we hope to achieve at COP29: https://hubs.ly/Q02WY-cC0 Are you a supplier planning to attend COP 29? Contact us via DM or contact@puro.earth ! Find out more about COP29: https://hubs.ly/Q02WYYcS0

Our CEO Antti Vihavainen was featured in an article by Energy Institute talking about the Carbon removal market and policy landscape. “The key issue for finding a balance between carbon removal sources and sinks in the move towards net zero will be to establish an effective carbon removal market and policy landscape”, Antti explains. "We call on policymakers to support both voluntary and compliance carbon markets, leveraging existing infrastructure to deliver high-quality carbon removal credits. While CDR is essential, it must complement, not replace, economy-wide emission reduction efforts. Clear rules from voluntary rule-setters are needed to support the growth of durable CO2 removal on the pathway to net zero emissions. This action is needed now." Read the whole article: https://hubs.ly/Q02WN34w0 And learn more about Puro: https://hubs.ly/Q02WN3ks0

🌍 Exciting times at the Delhi CDR Dinner, co-hosted by Puro and the Carbon Removal India Alliance (CRIA) (CRIA) during the 2024 IETA Asia Climate Summit! As the carbon removal sector gains momentum in Asia, our goal is to connect regional CDR companies with corporations aiming for Net Zero. This informal gathering brought together diverse stakeholders, including ReNew, Zomato, Neufin, Oxford Net Zero and Indian project developers like Mati Carbon, Takachar and Varaha, fostering discussions on collaboration and innovation in climate action. Significantly, the Asia Climate Summit featured a panel on 'Reaching Net Zero – the role of carbon dioxide removals,' and Varaha announced the first tranche of India-based industrial biochar CORCs. Together, we can build a robust carbon removal services sector in India, with the potential to neutralize hundreds of millions of tonnes of emissions annually. Learn more about Puro and CRIA: https://hubs.ly/Q02WyMMk0 CRIA: https://hubs.ly/Q02Wyy8P0 #ClimateAction #CarbonRemoval #NetZero #India

Did you know that you can easily check if corporations are truly making strides toward their climate goals? The Puro Registry makes it possible. Our online platform openly tracks CO2 Removal Certificates (CORCs), offering anyone the ability to see if and how companies are using CORCs to achieve carbon sequestration targets. By promoting transparent reporting on CORC retirements, we want to build trust and empower consumers, investors, and stakeholders to hold corporations accountable for their climate impact. Check out the registry, dive into the data, and see who's stepping up to fight climate change! 🌍 🔗 Learn more and explore for yourself: https://hubs.ly/Q02W6S410 #CarbonRemoval #ClimateAction #Transparency #Sustainability

What are the "Challenges and Opportunities for Financing Biochar Carbon Removal Projects"? Matías Yudelevich, Puro’s EMEA Account Director will be sharing his expertise in financing solutions on stage. He will offer valuable insights and contribute to the discussions as a panelist at the German Biochar Forum, the largest event of its kind in the German-speaking region, hosted by German Biochar e.V. (Fachverband Pflanzenkohle e.V.) and the International Biochar Initiative This year's discussions and talks will feature experts who will be delving into visions, policies, and methodologies for incorporating BCR (Biochar Carbon Removal) into national, communal and corporate strategies. Register now and be part of the conversation in Berlin this November! Curious about the program? Click the link below for the agenda: https://hubs.ly/Q02W6-C90 And learn more about Puro's Biochar methodology: https://hubs.ly/Q02W6Q6C0

Puro is a signatory to the Carbon Dioxide Removal (CDR) Industry Commitments. Together, we commit to ensuring that CDR activities we have influence or control over are monitored, reported on, and verified in a thorough, transparent and timely manner. The Puro Standard supports a variety of methodologies from biochar to carbonated materials. Check out all supported methodologies and learn more: https://hubs.ly/Q02W6Qr60 Be part of the community and sign up to the CDR Industry Commitments: https://hubs.ly/Q02W6CMK0