CUR8

🗽 New York Climate Week is starting in just 1 month and we’re thrilled to be a part of it! Our team will be there from September 23rd to 27th to discuss your net zero targets with you. Let’s connect to drive climate action together! Reach out if you’d like to schedule a meeting or collaborate with us: https://lnkd.in/e7hyrMT8

Last week, we reached a significant milestone at CUR8. Working alongside British Airways, Standard Chartered and UNDO, we completed a global first transaction to unlock financing for carbon removals at scale. As 2030 corporate Net Zero targets approach, we need carbon removals to scale dramatically and to get us there, we'll need two things happening simultaneously: (1) Firm, long-term commitments from buyers (i.e. offtakes) (2) Real loans that make it easier for suppliers to do the removal and buyers to pay on delivery With this solution, we at CUR8 have built a flywheel for suppliers and buyers; we have also made it easier for banks to enter this market – building a literal bridge to bankability. Read more about how the transaction was designed in our latest blog post [1], and if you are keen to work with us, please reach out. Congratulations, and thank you to all parties for their commitment to getting us through to the finish line since we first announced the pilot last year, as well as to our insurance partners who made underwriting easier. [1] https://lnkd.in/eCsxt_cW #carbonremovals #netzero #sustainability #carbonfinance Carrie Harris, Tom Byrne, British Airways Marisa Drew, Chris Leeds, Zarak Pasha, CFA, Simon Derrick, Gary Lowe, Chris O'Sullivan, Taran L., Audrey GOLDSTEIN, Charlotte Love, Standard Chartered Jim Mann, Ryan King, Chris Zair, Alexandra Bury, UNDO George Beattie, CFC   Oliver Colman, WTW Marta Krupinska, CUR8

CUR8 was at Carbon Unbound this week talking with leaders of our industry 💡. Yesterday afternoon Marta Krupinska, our Co-Founder and CEO, chaired the panel “Diving Deep into Carbon Removal Offtake Agreements”. See below for her takeaways from the session 👇

CUR8 is delighted to announce that we have led the successful completion of a global, first-of-its-kind solution in collaboration with our great partners—British Airways, Standard Chartered, and UNDO—to unlock financing for carbon removals. This is a win-win for both suppliers and buyers. This transaction helps suppliers access the upfront capital needed to scale operations and reduce the cost of delivering carbon removal credits. It also enables buyers to enter the removal market more easily, while de-risking their purchase with favourable payment terms and lower upfront costs. Building a trillion-dollar industry requires the right financial infrastructure, so we’re thrilled to have developed a mechanism to unlock financing at scale for carbon removals. In a world where we need 10 gigatons of carbon removal per year by 2050, this achievement has massive implications for addressing the climate crisis. Read about the transaction in the Wall Street Journal: https://lnkd.in/e4XvFJz3 Marta Krupinska, Swarnali Mitra Carrie Harris, British Airways Marisa Drew, Chris Leeds, Zarak Pasha, CFA, Standard Chartered Jim Mann, UNDO

Thrilled to announce the completion of a world-first transaction in collaboration with Standard Chartered, British Airways and UNDO to unlock finance for carbon removals 💸 It’s a win-win for both the buyer and supplier, where buyers can access the best quality future credits without the need to pay upfront, and the supplier gets much needed cash to carry out their project and issue the credits to the buyer. Building a trillion-dollar industry requires the right financial infrastructure, so we’re delighted to have created a mechanism to unlock finance at scale for carbon removals. In a world where we need 10 Gigatons of carbon removal a year by 2050, this has massive implications for addressing the climate crisis. Find out more about the deal here: https://lnkd.in/ehwDB8zg

We have a new Carbon Removals Scientist! Join us in welcoming Paddy Mortimer 🎉 “I’m thrilled to be joining the CUR8 team! Having worked with buyers of carbon removal credits, it is clear that the market urgently needs confidence around scientific integrity, pricing, and the management of portfolio risk. CUR8 stands out as a vital partner for leading purchases in this field, and I’m incredibly excited to be part of the journey!” 📍If you’re attending Carbon Unbound Europe tomorrow, don’t miss the opportunity to connect with Paddy. He’ll be there to discuss innovative carbon removal methods and the science that drives them: https://lnkd.in/eCUY3ruw

🇬🇧 Meet CUR8 at Carbon Unbound Europe this week to discuss the future of carbon removal and offtake agreements. Our Co-Founder and CEO, Marta Krupinska, will moderate the panel “Diving Deep into Carbon Removal Offtake Agreements” with 4 brilliant panelists: Jeremiah Lim, CFA from Barclays, Simon Bager, PhD from Klimate.co, Paolo Piffaretti from CarbonX Climate and Stacy Kauk, P.Eng. from Isometric. 👋 If you're there and want to meet up, let us know: https://lnkd.in/eCUY3ruw

Have you heard of the Top 10 misconceptions about Carbon Removals? We, at CUR8, are here to separate fact from fiction. Check out our latest blog post: "Top 10 Misconceptions About Carbon Removals, Debunked." In the article, we clarify questions and misconceptions you may have heard of: 🔸 Carbon Dioxide Removal (CDR) vs. Carbon Offsets 🔸 When to start investing in carbon removals 🔸 How to think about nature-based and technological methods And much more! Read on further here: https://lnkd.in/eHaxPnMY At CUR8, we're committed to helping businesses navigate the complexities of carbon removal purchases. Companies like British Airways and Coca-Cola HBC are already leading the way. Now is the time to act and integrate carbon removal into your climate strategy!

🎙️ We need to take CO2 out of the sky NOW! Our Co-Founder and Chief-Scientist Officer, Gabrielle Walker, recently joined the Carbon Herald podcast, "Carbonsations". In this episode, she dives deep into the urgent need for carbon removals in the aviation industry, emphasising that while Sustainable Aviation Fuel (SAF) is crucial, it must be paired with effective carbon removal strategies to fight climate change. Curious to learn more? Listen to the full episode here: https://lnkd.in/ehQdfx7y

🇺🇸 CUR8 will be in San Francisco to speak at the 2024 Carbon Removal Capital Summit hosted by Santander, and in collaboration with XPRIZE. Our Co-Founder and Chief Scientist, Gabrielle Walker, will take the stage to explore the challenges and opportunities in achieving gigaton-scale carbon removal. Our Science Director, Mowgli Holmes, will delve into innovative financing models for carbon removal projects. We look forward to seeing you there to explore how the world’s leading carbon management companies are working to rebalance Earth’s carbon cycle!