CarbonX Climate

We are pleased to share that CarbonX Climate has closed a new oversubscribed investment round with the participation of ENGIE New Ventures, Redstone, VR Ventures and PROfounders Capital. This development reinforces our position among leading intermediaries of Permanent Carbon Removals. At CarbonX, we are working to assist our global clients in fulfilling their net zero ambitions by helping them remove carbon permanently from the atmosphere. The additional capital will support and accelerate the company’s expansion into new geographies and continued investment into building science-based tools and services to professionalise and accelerate the carbon removal industry. We are also looking forward to ENGIE's institutional backing, strengthening our efforts in scaling critical climate infrastructure, and enabling us to offer durable carbon removals solutions to its clientele. We extend our gratitude to our partners and clients for their continued trust and collaboration, and we look forward to sharing additional exciting developments in the next weeks. Together, we work towards our joint mission of reversing the negative effects of a warming world. Press Release: https://lnkd.in/gzUZqydV #CarbonX #EngieNewVentures #Redstone #VRVentures #PROfounders #CarbonRemoval #ClimateAction #NetZero #RaiseAnnouncement

Our 'Seeing is Believing' tour continued last week with a visit to neustark’s site in #Zürich, where we observed firsthand their carbon removal technology, designed to support more sustainable practices in construction. “At CarbonX, we encourage Corporate Buyers to witness firsthand carbon removal technologies deployed in the field. CDR Buyers play a pivotal role in providing necessary market commitment to these solutions, which in turn play a critical role in a corporate net zero journey". - Megan Hunold, Head of Partnerships, CarbonX Climate. Neustark, utilising mineralisation technology, works with biogas plants to capture and liquefy CO₂, transporting it to concrete partners for sequestration. Through an accelerated mineralisation process, Neustark injects CO₂ into demolished concrete, where it mineralises into limestone within the concrete granules. This process seeks to both sequester CO₂ and strengthen concrete, addressing key sustainability aspects within construction. Our visit highlighted the applications of this approach, reinforcing the value of firsthand insight as we collectively pursue measurable impacts toward net-zero targets. To join our next site visit, register your interest here, and our team will be in touch: https://lnkd.in/gD9UZbaN #SiteVisits #Neustark #CarbonX #CDR

A lot of sweat (and nearly tears) has finally paid off ! 💡 Excited to release our new paper, "Demystifying Biomass CDR: A Roadmap for Sustainable Biomass Sourcing", after extensive research and interviews of renown experts in the field 🔍 Hopefully this will help to increase transparency on this (very) complex topic and kickstart interesting discussions with passionate people in the space

Biomass Carbon Removal: A Roadmap for Sustainable Biomass Sourcing As we work toward achieving net-zero emissions, biomass-based carbon dioxide removal (biomass-CDR) has become a cornerstone of climate strategy and is currently the leading CDR pathway. However, with increasing competition for biomass from the bioenergy and biomaterial industries, it is vital to determine which biomass types are best suited for CDR, how to avoid displacing them from higher-priority uses, and how to minimise potential environmental and social impacts. So, what safeguards should buyers consider when purchasing carbon removal credits from biomass-CDR projects? At CarbonX Climate, we advocate for a thorough assessment of the biomass's counterfactual scenario and potential market leakage. Achieving the right balance between carbon removal goals and sustainable land use is essential for maximising the potential of biomass in #CDR. Establishing strong baseline conditions is complex and highly context-dependent, varying by region and evolving over time, which requires ongoing reassessment in response to market changes. Download the full report here: https://lnkd.in/efdU-TMq or head to our blog to read more: https://lnkd.in/eHcQrTJt Thank you to our dedicated reviewers for their meticulous and thoughtful feedback: Neil H. (Isometric), Fabiano Ximenes (NSW Department of Primary Industries and Regional Development) and Robert Brown (Iowa State University).  #CarbonRemoval #BiomassCDR #CarbonX #Sustainability #NetZero

We are pleased to share that Laura Penrose, CDR Sourcing Manager at CarbonX Climate, will be attending the Sustainable Ocean Summit (5-6 Nov) and speaking at the Global Blue Finance Summit (7th Nov) in #Barcelona. The Global Blue Finance Summit, hosted by the World Ocean Council, is a critical event focused on facilitating cross-sector collaboration to develop financial solutions that drive sustainable growth in the blue economy. The summit aims to address key challenges and identify strategic opportunities for enhancing ocean health through effective financial mechanisms. Laura will be speaking on 'Investing in Ocean CO2 Removal and Blue Carbon: The Role of Private Finance in Marine and Coastal Carbon Sequestration,' where she will explore the current landscape of private finance in these sectors, the barriers to greater investment, and strategies for scaling ocean carbon solutions. For more details about the event, visit: https://lnkd.in/drt3gFE #GlobalBlueFinanceSummit #SustainableOcean #WorldOceanCouncil #CarbonX #Sustainability #SOS2024 #BlueFIN2024

We are pleased to have participated in the AFEN (The French Association for Negative Emissions ) CDR Days in Paris last week, where our Co-Founders, Paolo Piffaretti and Sebastien Dewarrat, shared their expertise on scaling carbon removal technologies and the use of offtakes agreements. As France’s first event dedicated to Carbon Dioxide Removal, the #CDRDays brought together a diverse group of stakeholders, and we were happy to contribute to shaping the future of durable carbon removal solutions. A huge thank you to AFEN for organising this pivotal event and to everyone who participated. We’re excited for what’s next as we continue driving forward with impactful solutions. #AFEN #CarbonRemoval  #CarbonX #NetZero #CDR #ClimateAction

CarbonX Climate's CDR team is pleased to share that the latest quarterly market review for Q3 2024 is now available, offering valuable insights and analysis. Head to our resources page to explore further or access the full review by clicking the following link: https://lnkd.in/gJvjkxkz Here’s a snapshot of the quarter: ➤ Strong Market Growth: Q3 2024 saw a 150% year-on-year increase in CO₂ removal commitments, highlighting the accelerating focus on durable carbon removal ➤ DAC at the forefront: Direct Air Capture (DAC) regains its leading position in quarterly purchases ➤ Funding rebound: Private funding transactions picked up again in Q3 2024 If you're defining your company’s strategy to address residual emissions, we’d love to start a dialogue. #CarbonDioxideRemoval #CDR #CarbonX #Sustainability #MarketInsights

CarbonX Climate is pleased to announce that we are a founding member of The Carbon Removal Show Coalition. We're excited to support this podcast which aims to enhance transparency and foster public understanding of the carbon dioxide removal (CDR) industry. Learn more here: https://lnkd.in/eDJVegXK Other founding members include: Carbon Gap, Klarna, MASH Makes, Milkywire, Negative Emissions Platform, Patch, Planboo, Opna , ReCarber, Sebastian Manhart, Supercritical, Standard Gas Technologies Ltd. #TheCarbonRemovalShowCoalition #CarbonX #CarbonRemoval #Sustainability

We’re excited to announce that CarbonX Climate's Co-Founders Paolo Piffaretti and Sebastien Dewarrat will be speaking at the 2024 CDR Days in Paris, organised by The French Association for Negative Emissions (AFEN)! The CDR France Days will explore the scientific foundations of carbon removal, the growing industry demand, and the vital role France and its companies can play in this space. This event brings together industry leaders, policymakers, and scientists to drive collaboration and accelerate the advancement of innovative carbon removal technologies. Paolo and Sebastien will be speaking on key panels across both days. Paolo will focus on Technologies EDC and Portfolio of Solutions, while Sebastien will tackle Equity and Debt Financing for First-of-a-Kind (FOAK) Projects. We’re proud to be not only a key partner of the event but also actively contributing to shaping the future of carbon removal through our participation in these pivotal discussions. For more details about the event, visit: https://lnkd.in/gH_ii2xs #CDRDays #CarbonRemoval #NetZero #ClimateAction #CarbonX #Sustainability #AFEN

We had an incredible experience at Climate Week NYC by Climate Group —both energising and exhausting in the best way! It was great to meet many of our partners in person after months (and sometimes years) of virtual collaboration. What better location to have the global CDR community come together in one place! A key highlight was co-hosting a dinner with Andes, bringing together a wonderful group of partners to celebrate the week. For a full recap and photos, check out our blog post by clicking the link below. https://lnkd.in/gwis5TVT #ClimateWeekNYC #CarbonX #CDR #Andes #CarbonRemoval