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

Puro continues to make significant impact in the voluntary carbon market, and we need your support to recognize our efforts! Voting is now open for the Environmental Finance 2024 Rankings. Puro is asking for your vote in two key categories: Best GHG Crediting Programme / Standards Setter and Best Registry Provider. Why vote for Puro? Innovation in Carbon Removal: Puro established the Puro Standard, the world’s first standard dedicated solely to carbon removal. We are at the forefront of carbon removal standards, ensuring that every CO2 Removal Certificate (CORC) represents real, verifiable carbon removal that lasts for over 100 years. Commitment to Quality: We prioritize efficiency, reliability, and transparency in our processes, setting the standard for excellence in the industry. Impactful Solutions: By supporting Puro, you are backing a platform that mobilizes the economy towards achieving net-zero emissions through effective carbon removal strategies. Voting is open until Friday, July 26. Please take a moment to cast your vote. Together, we can drive positive change for the environment.Let’s make our voices heard! Vote here: https://hubs.ly/Q02Hk26H0 🌍💚 #PuroEarth #EnvironmentalFinance #CarbonRemoval #VoteNow #Sustainability

"We need carbon removal as an insurance policy," @Salesforce's lead on carbon removal, Jamila Yamani, told Newsweek. Salesforce announced $25 million for the CDR investment company Frontier to make sure carbon removal technology will be ready when needed. Previously, tech companies have invested in some carbon removal machinery that seemed like the stuff of science fiction just a short while ago but has now grown to commercial application. The Swiss company @Climeworks used millions from tech companies to take its carbon removal technology from a lab experiment 15 years ago to the world's largest direct-air carbon removal facility unveiled last month. Climeworks' Mammoth plant in Iceland, its second commercial-scale facility, uses that country's abundant and carbon-free geothermal energy to power what is basically a very large, sophisticated CO2 vacuum cleaner. The company expects Mammoth to pull 36,000 tons of CO2 from the air each year and sequester it underground. Read Newsweek's article on Why Big Tech Is Pumping Big Money Into Companies Pulling CO2 From the Air: https://hubs.ly/Q02G8G-c0 #CDR #ClimateAction #NetZero

Created by International Biochar Initiative and Hamerkop Climate Impacts A Manual for Biochar Carbon Removal e-book provides a roadmap for biochar producers, investors, and stakeholders keen on understanding the intricacies of biochar carbon removal certification. In the guide, you’ll gain a clear overview of the various methodologies established by leading certification standards, including the Puro Standard. The e-book offers practical insights and comparisons to assist producers and investors in selecting the most appropriate approach for their specific biochar projects. Download it now: https://hubs.ly/Q02G8zrj0 And read more about the Puro Standard: https://hubs.ly/Q02G8CKc0 #CDR #CarbonRemoval #Biochar

We are excited to announce that Somerset Origination has joined Puro's partner network! Somerset Origination is a boutique project development firm that specializes in guiding clients through the complex world of carbon project development, from initial concept to final issuance. At Puro, we're committed to accelerating the growth of carbon removal to achieve global net-zero goals. Partnerships with experienced project developers like Somerset Origination are crucial for scaling high-quality carbon removal projects and methodologies. We look forward to collaborating with the Somerset Origination team to bring more innovative carbon removal solutions to market. Welcome aboard! Learn more about Somerset Origination here: https://hubs.ly/Q02GPbmf0 #CarbonRemoval #NetZero #ClimateAction #CDR

What is needed to scale Carbon Removal? 🌍 Carbon removal is one part of the puzzle to get to Net Zero. Here's what we need to scale it: 🏛️ Voluntary Carbon Market Rule Setters: Recognize the role of high-integrity carbon removal credits and support their scaling this decade. 📜 Governments: Update National Pledges for COP30 in 2025 to include targets for durable carbon removal and create investable policy frameworks. 🔧 Compliance Regimes: Redesign to deliver net-zero emissions, partner with us, set strict criteria, and help build the necessary infrastructure. Together, we can scale carbon removal technologies and fight climate change. 🌱 Read more about the Puro Standard and our work to scale Carbon Removal: https://hubs.ly/Q02DRLf_0 #ClimateAction #NetZero #CarbonRemoval

What is the CO2 Removal Certificate (CORC)? – A first-of-its-kind carbon credit! 🌍 Puro proudly brought the market the revolutionary CORC, designed for engineered carbon removal. Each CORC represents 1 tonne of CO2 removed from the atmosphere, verified and measured scientifically for maximum integrity. Here's what makes CORC special: 🔬 Puro Standard: High-quality carbon removal methodologies. 🔬 Puro Registry: Full transparency in tracking the lifecycle of CORCs. 🔬 Verification: Independent third-party verification ensures reliability. 🔬 Durability: Carbon removal methodologies secure CO2 for 100 to 1,000+ years. 🔬 Net Negative: Ensuring more CO2 is removed than produced, contributing to true net-zero emissions. Join us in pioneering a sustainable future with CORCs: https://hubs.ly/Q02DRHKV0 #ClimateAction #CarbonRemoval #NetZero #Sustainability #PuroEarth

Phenomenal energy at the Advancing Ocean CDR Conference in Boston this week! Engaging discussions are happening on scaling these solutions responsibly, with all participants contributing valuable insights. We loved the level of collaboration and engagement we saw across the board! Lots of smiling faces at Happy hour. Thanks for joining us Equatic Solutions LLC, Rewind Carboniferous, Seafields Solutions Limited, CarbonBlue, EcoEngineers, Carbon Direct, Ocean Visions, PRONOE, Running Tide, Climate Vault, Ecopia Marine Limited, Lillianah Technologies, Kelp Forest Foundation and so many more! We can't wait to see how you shape and accelerate the industry! #AdvancingCDR #ClimateAction #ClimateSolutions #CarbonRemoval #Collaboration #ClimateInnovation #OceanCDR #Oceans #Climate #PuroEarth

What is the cost of neutralizing one metric ton of emissions? 🪨 Every CORC represents the removal of one metric ton of CO2 from the atmosphere using one of the Puro Standard methodologies. The price of the CORC is completely determined by the suppliers. Check our certified suppliers here: https://hubs.ly/Q02G8FVS0 Read more about buying CORCs here: https://hubs.ly/Q02G8HgN0 #CORCs #ClimateAction #CarbonRemoval #NetZero

Today we dive into international co-operation under the Paris Climate Agreement – Article 6 with our VP of Policy Helen Bray! We’ve been looking at how the world might trade carbon as it seeks to reach net-zero emissions, as Article 6 of the Paris Climate Agreement says “Parties recognize that some Parties choose to pursue voluntary cooperation in the implementation of their nationally determined contributions to allow for higher ambition in their mitigation and adaptation actions and to promote sustainable development and environmental integrity.” IETA have a great visualisation of what is currently agreed and the countries looking to use cooperative approaches under Article 6 of the Paris Agreement. https://hubs.ly/Q02G8CKw0 Article 6 creates Internationally Transferred Mitigation Outcomes (ITMOs) and implements procedures so that only one country reports the outcome, this is called a corresponding adjustment. This is important as the Paris Agreement doesn’t cover international aviation or international maritime. Therefore, any ITMO used for international aviation under the Carbon Offsetting an Reduction Scheme for International Aviation (CORSIA) will be only reported by airline operators. https://lnkd.in/dyYjbDR We have procedures on Article 6 and look forward to enabling this for our CO2 Removal Suppliers. We have applied for assessment by the Technical Advisory Body under  International Civil Aviation Organisation for CO2 Removal Certificates (CORCs) to be recognised as CORSIA Eligible Emissions Units and await the outcome of this process before the end of this year. Article 6: https://lnkd.in/dh8EbQgN Technical advisory body: https://lnkd.in/diN9HeS International Civil Aviation Organisation: https://lnkd.in/g67yiax What are your view on international co-operation under the Paris Agreement?