The Future of Carbon Removal: What Lies Ahead for Carbon Markets

2023 proved to be a major year for carbon dioxide removal. The volume of CDR purchases grew more than 7 times from 2022, thanks to significant purchases from leading companies like Microsoft, Airbus and Swiss Re. CDR buyers are looking increasingly to meet their net-zero commitments via durable carbon removal technologies such as biochar. And a study from McKinsey found that a CDR industry scaled to meet climate-relevant levels by 2050 could be worth up to $1.2 trillion.

While the long-term potential of the industry is exciting and full of promise, the short-term outlook remains uncertain. Suppliers face a challenging funding environment, with concerns about access to project financing and a lack of policy incentives for many durable CDR technologies. Many buyers have questions about getting started with carbon removal and how to get the most out of their investment, while policymakers in capitals from Washington to Brussels discuss the rules that will govern carbon markets over the coming decades.

In this webinar, we’ll take a comprehensive look at what lies ahead for the CDR industry. Our panel of experts will take a deep dive into the standards, technologies and policies that will drive innovation in carbon markets, what to expect following COP28, key trends to watch out for and the dates you should have circled on your calendar.  

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What you’ll get out of the webinar:

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• Gain insights into key trends that will shape the CDR market in 2024: Whether you’re a CDR supplier or buyer, what do you need to know to be successful in this emerging market this year?
• Get an overview of upcoming CDR technologies: What are the new technologies and innovations that are poised to take a big step in the near future? And what are the potential barriers that might stall progress?  
• Learn how to drive action that fuels long-term results: Commitments today drive the market tomorrow and enable a net-zero future. Find out what policy developments we’re expecting to see in the U.S. and EU, and how these will affect investments made now.