News
Carbonfuture Closes Series A Round, Led by SIX, to Transform Global Carbon Removal Market
Carbonfuture Closes Series A Round, Led by SIX, to Transform Global Carbon Removal Market
Learn More
webinar
February 20, 2024
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 took a comprehensive look at what lies ahead for the CDR industry. Our panel of experts took 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.
What you’ll get out of the webinar:
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.
What you’ll get out of the webinar:
At Carbonfuture, we build trust throughout the carbon removal journey with our rigorous, data-driven approach, ensuring unmatched quality and reliability of carbon removal.
