Carbonfuture’s Post

💥 Thrilled to share that our Chief Communications & Trust Officer, Leila, has been selected as a Bloomberg Green Champion! The #BBGGreenChampions are a global collective of leaders and activists driving the future of #climateaction. This diverse cohort includes public and private sector innovators dedicated to creating a more #equitable and sustainable future for all. Proud to see Leila representing #carbonremoval among these changemakers! 📅 Join Leila and other Green Champions at the Bloomberg Green Festival in Seattle from July 10-13. 🌍 Don’t miss this opportunity! The event will bring together innovators, policymakers, entrepreneurs, activists, and artists to explore solutions and initiatives across the entire climate spectrum. The agenda focuses on: -      Technology and Innovation -      The Climate Economy -      Greener Living -      Green Policy Check out the full agenda here: https://lnkd.in/edvRpTfv DM Leila to connect in Seattle! #sustainability #innovation #CDR #technology #greenliving #greenpolicy

Carbon Dioxide Removal (CDR): Europe's Path to a Trillion-Euro Industry CDR could become a game-changer in addressing climate change! The recent Boston Consulting Group (BCG) study with Deutscher Verband für negative Emissionen e.V. (DVNE) “Carbon Dioxide Removal: Europe and Germany's Role in Catalyzing a Trillion-Euro Industry” explores the transformative impact #CDR could have on achieving our climate goals while fostering economic growth. 🌿 The key role of CDR in achieving net zero: Beyond inevitable reduction measures, CDR is an essential part of our ambition to keep the goal of the Paris Agreement within reach by compensating for residual emissions from hard-to-abate sectors like cement, steel, or chemicals or emissions we have historically emitted. 📈 Economic boom: CDR's economic potential could reach €470-940B annually by 2050 – this is at par with today’s global airline industry. Europe's (Germany's) CDR industry could reach €220B (€70B) per year by then, driven especially by technological advancements and economies of scale. 👷♂️ Job potential: The European (German) CDR industry could create up to 670K (190K) jobs. 🌍 Europe paves the way: With its tech expertise and climate policies, Europe, especially Germany, is set to have a significant impact on the CDR market. However, bold actions from policymakers, the CDR industry, CDR buyers, and investors are necessary to unlock CDR’s full potential. Today’s article in the Handelsblatt highlights the key findings of the study. Take a look here: https://lnkd.in/gh98cJke Explore more about the study: https://lnkd.in/eM3zc6ka #CarbonDioxideRemoval #NetZero #Sustainability Dr. Patrick Herhold Dr. Johanna Puetz Karan Mistry, PhD Robin Bierganz Phillip Spiekermann Louisa Maier Stefan Schlosser Sebastian Hanss-Mirodone Nikolaus Wohlgemuth Magnus Drewelies Julia Mühleiß Caroline Braun Sarah-Luise Grimm Jörg Dohna Marcel Rensmann Johannes Schwegler Constanze Adolf, Phd Tony Oehm

'The time for corporate action on carbon removal is now.' That was one of the key messages from our second annual Carbon Removal Summit, organized in partnership with Reuters Events, where we brought together corporate sustainability leaders with who's who in the CDR industry. Here are the key takeaways from the event: 1️⃣ Get started today. Investing in CDR now can secure supply and pricing over the coming years, prepare your organization for future regulations, and build your brand and reputation. Meaningful action today creates real, long-term impact, both within your organization and for the industry as a whole. 2️⃣ Trust was a hot topic throughout the Summit. Companies need to be able to #trust their carbon removal investments. The digital trust infrastructure —standards, digital Monitoring, Reporting, and Verification (#MRV), and insurance— provides necessary #transparency on credit quality and de-risks investments. Businesses can leverage this infrastructure to make informed investment decisions without needing in-house scientific expertise or extensive resources. 3️⃣ Scaling the carbon removal industry requires the innovation, implementation, and scaling of a diverse range of carbon removal technologies, and we are seeing exciting progress as technologies and projects begin to come online all over the world, from BECCS in Scandinavia to DAC in Kenya. 4️⃣ CDR policy is moving forward at a remarkable rate. We expect to see a compliance market join the purely voluntary market soon as momentum in CDR policy increases across Europe. This means action now can prepare your organization for regulations ahead, and derisk corporate engagement further. 5️⃣ Innovations in buyer agreements are helping reduce costs and securing attractive pricing on carbon removal now. Multi-year agreements, framework arrangements, and buyer clubs can help organizations get the benefits of carbon removal more cheaply than ever before. And we were thrilled to be able to announce our groundbreaking 7-year contract with Swiss Re to supply a minimum of 70,000 tonnes of biochar carbon removal (#BCR) credits, providing access to multiple high-quality carbon removal projects under a single contract, starting with 70,000 tonnes of BCR credits from the key supply partner Exomad Green! ➡️ Learn more about this partnership here: https://lnkd.in/e52A6Hvu We want to thank the incredible speakers, our CDR Innovation Showcase sponsors, Reuters Events, and the over 100 corporate sustainability leaders and leading experts in CDR who attended this year’s Carbonfuture Carbon Removal Summit. It was an incredible opportunity to come together, share innovative ideas and solutions, and drive action. We can’t wait for the next one! #carbonremoval #climateaction #cdr #netzero #CarbonfutureCDRSummit24

💥 Meet our Chief Communications & Trust Officer, Leila at the Negative Emissions Summit in Brussels this Thursday! 💥 We’re excited to join the discussion on how businesses across industries are integrating carbon removal (#CDR) into their #sustainability initiatives and #netzero strategies. Speaking details: 📆 Thursday, June 20, 1:50 pm CEST 🔷 Panel Discussion: ‘Corporate Climate Claims: Integrating Carbon Removals into Company Commitments’ 💬 Speakers: Leila Toplic (Carbonfuture), David Frank (Microsoft), Salah Said (Klarna), Megan Kemp (NextGen CDR), and Sebastien Dewarrat (Carbonx Climate), moderated by Alice Hancock (Financial Times) 🎙 Join the Negative Emissions Platform in Brussels or tune in online to learn about emerging trends in the CDR marketplace and how different companies are stepping up to lead in climate action. Check out the rest of the agenda here: https://lnkd.in/dBzP4XaB   🌱 About Negative Emissions Summit 2024: Hosted by the Negative Emissions Platform (NEP), this Summit aims to educate policymakers, investors, media, and civil society on the critical importance of highly durable carbon removals. The event’s focus extends beyond industry issues to legislative, scientific, and market advancements, emphasizing the urgency of the present moment. CDR industry leaders will discuss the innovative mechanisms that are essential to bridge the gap between demand and readiness while driving economic growth and aligning with global climate goals.   #carbonremoval #CDR #netzero #sustainability #corporatesustainability #climateaction

📚We’re back with the latest from Carbonfuture’s Carbon Removal Summit 2024, and we’re talking tech: specifically, the diverse range of durable carbon removal technologies that are shaping the industry right now – and will do so for years to come.     Our CDR Innovation Showcase kicked off with XPRIZE’s Executive Director Nikki Batchelor, who shared details the $100 million XPRIZE Carbon Removal, that’s helping innovate the next generation of CDR technologies (with the help of Carbonfuture, which is the MRV partner for the XPRIZE Carbon Removal!). She then introduced our panel of innovation leaders from all over the world:     🟢 Eva van der Want from Airfix, which is working to remove 5 million tonnes of CO2 via Biomass Carbon Removal  🟢 Tom Buchanan from Climeworks, which is working on innovative new Direct Air Capture and recently announced their new Generation 3 technology  🟢 Tim Preisenhammer from Eion, which has a patented approach to Enhanced Rock Weathering (ERW) on existing farmland  🟢 Chlo�� Bigio of InPlanet, which seeks to remove 1GT of CO2 while regenerating tropical soils through ERW in Brazil  🟢 Lisa Braune from neustark, which helps businesses address their hard-to-abate emissions by turning demolition waste into a concrete sink  🟢 Duncan Kariuki of Octavia Carbon, which is building the first DAC facility in the Global South and utilizing Kenya’s many competitive advantages  🟢 Jan Cihlar from Pyreg GmbH, which specializes in the production and scaling of Biochar Carbon Removal based on trust and transparency  🟢 Erik Rylander from Stockholm Exergi, which is building the world’s largest BECCS project at Värtan, Stockholm in Sweden    A huge thank you to all of our CDR Innovator sponsors who are shaping the future of carbon removal!     #carbonremoval #climateaction #cdr #netzero #CarbonfutureCDRSummit24 

🏎️ We’re racing right through the panel discussions at Carbonfuture’s Carbon Removal Summit 2024!     Kicking things off, The Economist’s Emily Jackson-Kessler hosted a discussion between Exomad Green President Diego Justiniano, NextGen CDR Chairperson Philip Moss, and Swiss Re’s Mischa Repmann on the role of CDR in their net-zero strategies, best practices for organizations looking to get into CDR, and how they saw these strategies evolving over the next few years.     Next, Carbonfuture’s Leila Toplic hosted a panel featuring Puro.earth’s Vice President of Policy Helen Bray and Kita CEO and Co-Founder Natalia Dorfman to discuss the role of digital trust infrastructure in scaling the CDR industry by enabling buyers to invest in CDR confidently and efficiently, including the need for rigorous monitoring, reporting and verification (MRV).   Finally, Carbonfuture Senior Policy Advisor Sebastian Manhart welcomed Andrea Klaric from the European Commission and Carbon Gap Co-Founder Eli Mitchell-Larson to explore the EU and UK policy options available to finance and scale carbon removals to climate-relevant levels.     🌪️ It’s been a great morning already, but there’s more to come! Stick with us as we report back from our CDR Innovation Showcase!    #carbonremoval #climateaction #cdr #netzero #CarbonfutureCDRSummit24 

🌍 Carbonfuture’s Carbon Removal Summit 2024 started off hot this morning with the announcement of our agreement with Swiss Re and Exomad Green, followed by our two keynote speakers!    📈 First, we heard from Emma Parry, McKinsey & Company’s Leader of Strategy & Corporate Finance Practice in the UK. She’s the co-author of last year’s report detailing the urgency of scaling carbon removal to meet our climate goals and the trillion-dollar potential of the carbon removal industry. She shared her thoughts on how corporate leaders can meet their net-zero targets and fulfill the long-term potential of the CDR industry, as laid out in the McKinsey report.   🚀 Next, we welcomed Mischa Repmann, Ph.D., Senior Sustainability Risk Manager for Swiss Re to the stage. As a leader in the reinsurance industry, Swiss Re recognizes the importance of carbon removal in addressing historical and hard-to-abate emissions. Mischa took the opportunity to share why Swiss Re is investing in CDR as part of their net-zero strategy and urged other sustainability leaders to take action now.     A big thank you to both Emma and Mischa for sharing their insights and expertise!    Be sure to stay right here for more updates from our panel discussions this morning!    #carbonremoval #climateaction #cdr #netzero #CarbonfutureCDRSummit24 

🚨 BREAKING NEWS: Carbonfuture and Swiss Re Enter into Landmark Multi-Year Agreement for Carbon Removal with Exomad Green as Key Supply Partner Key Takeaways: 1️⃣ Carbonfuture has signed a groundbreaking 7-year contract with Swiss Re to supply a minimum of 70,000 tonnes of biochar carbon removal (BCR) credits.       2️⃣ This partnership gives Swiss Re access to multiple high-quality carbon removal projects under a single contract, starting with 70,000 tonnes of BCR credits from the Key Supply Partner Exomad Green.     3️⃣ Swiss Re is supporting the development of the carbon removal market by purchasing high-quality CDR over multiple years. This model ensures steady multi-year revenue for removal projects and reduces transaction costs for Swiss Re, serving as an example for others to follow.    4️⃣ Swiss Re is leading the way for high-quality carbon removal by requiring independent third-party monitoring, reporting, and verification (MRV) through Carbonfuture MRV+, ensuring that all credits undergo rigorous tracking, third-party verification, and certification.     5️⃣ Exomad Green’s facility in Riberalta transforms forestry waste into carbon-sequestering biochar, which not only stores carbon but also improves soil fertility, supports Indigenous communities, and reduces deforestation and fire risks through sustainable timber waste management. ➡️ Learn more about this agreement here: https://lnkd.in/e52A6Hvu #carbonremoval #climateaction #cdr #netzero #CarbonfutureCDRSummit24