Carbonx Climate

We are excited to announce that Carbonx Climate has facilitated over $7M of Carbon Dioxide Removal (CDR) purchases across six novel CDR pathways, including Direct Air Capture, Mineralisation, Enhanced Rock Weathering, Ocean CDR & Biomass CDR, in its latest procurement rounds. The purchases were made in conjunction with a variety of Carbonx Climate's clients who are pursuing ambitious environmental strategies and are at the forefront of scaling the CDR ecosystem. Projects retained in those purchasing rounds have met our rigorous quality assessment requirements and undergone extensive technical and commercial due diligence. Carbonx Climate will announce the specific project collaboration over the coming weeks. Find our public announcement - https://lnkd.in/eMyBtF-r #CDR #Procurement #NetZero #CarbonRemoval #DAC #ERW #MCDR #Mineralisation #BiCRS

Curious about the latest trends and developments in the CDR Market? Carbonx Climate's CDR Market Quarterly Review for Q2 2024 is now available, packed with invaluable insights! Head to our blog to read more or access the entire review by clicking the link below: https://lnkd.in/gvkDJZHa See a snapshot of the quarter below: ➤ Impressive Growth: The CDR sector saw substantial advancements in Q2 2024, with new purchase commitments reaching 4.7Mt CO₂. The first half of 2024 alone achieved 5.3Mt CO₂, surpassing the entire 2023 total of 4.6Mt CO₂. Cumulative market commitments for durable CDR (including MOUs) soared from 4.0 to 10.6Mt CO₂—a remarkable 165% year-over-year increase, highlighting the market's heightened commitment to long-term climate objectives. ➤ Dominance of BECCS: The largest single CDR deal to date underscores the potential of the BECCS biomass carbon removal pathway in integrating with existing energy supply chains. ➤ Pricing Dynamics: The average price per tonne stands at USD 352, with a broad range from USD 100 to USD 1,600, shaped by diverse technologies and contract terms. If you're defining your company’s strategy to address residual emissions, we’d love to start a dialogue. Reach out today, and together, let's scale the solutions of tomorrow! Microsoft Stockholm Exergi Ørsted Vaulted Deep Exomad Green neustark Carbon Capture Scotland Danish Energy Agency Bioman ApS BioCirc Climeworks Captura ecoLocked Sirona Technologies NetZero Oikocredit CDR.fyi Equatic.tech CarbonCapture Inc. Heirloom #CarbonRemoval #CDR #Carbonx #Sustainability #Insights

We're excited to announce that Carbonx has firmly established its presence in the Greater Zurich Area, one of Europe’s foremost hubs of carbon dioxide removal (CDR) expertise. We are thrilled to be featured in the Greater Zurich Area's success stories, which highlights our role in driving the scale-up of the CDR industry, crucial for meeting global climate commitments. The Greater Zurich Area, renowned for its climate leadership and robust financial services sector, provides the perfect environment for Carbonx to thrive. By leveraging Zurich’s strengths, we facilitate early buyers’ access to a diverse range of trusted CDR suppliers, ensuring a reliable supply. In less than two years, Carbonx has facilitated over CHF 10 million in purchases from leading CDR suppliers, spanning the full range of scalable, scientifically proven carbon removal methods. As organisations strive for net zero, Carbonx’s expertise is pivotal in shaping a sustainable future. Paolo Piffaretti, Co-Founder & CEO of Carbonx, stated, "The combination of the Greater Zurich area’s climate and financial services leadership makes the region a logical place to create a centre of CDR procurement and finance expertise to support demand for our proposition to those committed to a net zero or net negative carbon future." #CarbonRemoval #CDR #Carbonx #GreaterZurichArea #Sustainability https://lnkd.in/gfCnmeRR

🌏 We are thrilled to welcome Marco Zande to our team at Carbonx as Head of Marketing! 🌏 Introducing Marco! With a rich background in marketing and a proven track record of driving strategies at places like WLTH along with other financial technology institutions, Marco brings years of experience in executing end-to-end targeted campaigns that increase brand awareness, elevate brand visibility, enhance communication channels, and improve customer engagement. A passion for purpose-led endeavours, his expertise will be pivotal in amplifying our message and engaging with the market to drive the mission of Carbonx forward. Welcome to the team, Marco! #Welcome #NewTeamMembers #Carbonx #CarbonRemoval #CDR

As a supporter of this series, Carbonx is excited to share the latest episode of The CDR Procurement Guide, hosted by Eli Harrell. This episode features Robert Höglund, one of the leading thought leaders and influencers on the responsible deployment of carbon removal. Robert, a contributor to illuminem and collaborator with Carbon Gap, manages the Milkywire Climate Transformation Fund and co-founded CDR.fyi. He serves on the EU Certification Expert Group and the Science Based Targets initiative Technical Advisory Group. In this episode, Robert highlights the importance of early investment in CDR: “Buying CDR now puts you ahead and helps build a sector needed to reach net zero.” Listen to gain insights on scaling challenges, market development, and the role of early buyer support. Don't miss this valuable discussion! Head to The CDR Procurement Guide Linkedin Page for links to the podcast and further information. https://lnkd.in/gy7qXZHf https://lnkd.in/g2WXq9A6 #CarbonRemoval #CDRBuyers #Carbonx #CDRprocurement #NetZero #TheCDRProcurementGuide

In partnership with UNDO, Carbonx Climate hosted an intimate dinner at Farmacy Restaurant in London last week. Amid a beautiful green setting, we gathered colleagues from multiple industries dedicated to scaling carbon removal. Jim Mann, UNDO CEO and Founder, and Megan Hunold, Head of Partnerships at Carbonx kicked off the evening with the theme of building a business case for carbon removal. Jim’s perspective as the founder of an Enhanced Rock Weathering project highlighted how buyers are key to scaling this critical industry. The dinner was designed to foster relationship-building, allowing us to share and learn from one another. We hope you left inspired and with new contacts and resources! Events like these reinforce the importance of collaboration and innovation in driving sustainable solutions. A warm thank you to all the guests who joined and contributed to a very colourful and enjoyable evening! We hope you all had an inspiring and productive London Climate Action Week. #LCAW2024 #ClimateAction #CarbonRemoval #Sustainability #UNDOCarbon #Carbonx #LondonClimateWeek #Collaboration #CDRbuyers

Today, we are putting the spotlight on one of our members, namely Carbonx Climate - one of the leading permanent carbon removal procurement and management platforms. 💡 Carbonx Climate is proud to present its first CDR Financing Report put together by finance experts with firsthand experience in the early CDR market 💡 This comprehensive study offers an in-depth analysis of the unique challenges and opportunities that define CDR financing, setting it apart from traditional climate finance. The report closely examines the critical factors shaping CDR financing, including: ➡ financial instruments ➡ bankability requirements ➡ risk profiles per pathway ➡ collaterals ➡ the impact of cost structures (Opex vs Capex) on financing feasibility. The report highlights the limitations of current approaches and addresses potential risks that could affect the cost of capital, business strategies, and overall performance. It is not just a theoretical study, but a practical guide. It offers actionable insights and strategies for both CDR suppliers and financing partners, fostering collaboration and innovation in our joint mission to scale CDR deployment and bridge the gap towards a sustainable future. Access the CDR Financing Report below: 🖱 https://lnkd.in/dVtbmKVX

A new Carbon #UnboundShowcase for your feed. Here’s Paolo Piffaretti, Founder & CEO of Carbonx Climate, to guide us through the complexities of CDR #procurement. Carbonx connects companies with high-quality carbon removal projects, but how do they ensure quality and navigate the CDR market? Overcoming Challenges for Buyers: 🔹 Lack of policy enforcement makes CDR voluntary. 🔹 Transparency is needed to inform decision-making. Carbonx's Approach: 🔹 Curates portfolios with optimal resource allocation and strict project assessments. 🔹 Manages carbon credit risks for reliable, high-integrity credits. Advice for CDR Entrepreneurs: 🔹 Focus on Corporate Venture Capital (CVC) for long-term partnerships. 🔹 Prioritize transparency to build trust with potential buyers. Scaling CDR by 2030? 🔹 More financing beyond initial equity rounds is crucial. 🔹 Public-private partnerships and bankable offtake agreements are key. We value the community’s unique perspective on the #carbondioxideremoval space. We'd love to hear from you if you have a different take. Email marketing@unboundsummits.com or share your thoughts in the comments to be a part of a future #UnboundShowcase! 🌏 Unbound Summits connect innovators and accelerate climate action. Learn more about Carbonx’s unique take on CDR procurement at https://carbonx.world/ #ClimateAction #netzero #CDR #ClimateAction #voluntarycarbonmarket #CarbonRemoval #CarbonCredits #ClimateAction #UnboundCommunity

Carbonx Climate – a trusted permanent carbon removal procurement and management platform, issued its first report - Bridging The CDR Financing Gap, Strategies for Scaling Deployment, defining CDR financing, and discussing key funding opportunities for carbon removal methods. #carbonremoval #CDR #climatefinance #climateaction https://bit.ly/3Vtp9Gq