BCG Purchases 50,000+ Tonnes Of Carbon Removal Through ClimeFi

Credit to Author: Jonny Tiernan| Date: Fri, 13 Dec 2024 18:53:37 +0000

Boston Consulting Group (BCG) has announced the purchase of 50,250 tonnes of carbon dioxide removals (CDRs) through ClimeFi, a portfolio manager specializing in permanent carbon removal. This transaction brings BCG’s total CDR purchases to nearly 200,000 tonnes, placing the firm among the top 10 global buyers of durable carbon removal … [continued]

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ClimeFi Launches Global 1000 Carbon Removal Challenge With XPrize

Credit to Author: Jonny Tiernan| Date: Fri, 15 Nov 2024 17:30:30 +0000

Today, ClimeFi, in partnership with XPRIZE, formally launched the Global 1000 CDR Challenge at the 29th United Nations Climate Change conference (COP29 Azerbaijan) taking place in Baku. The challenge calls for immediate action by each of the world’s largest 1,000 companies to enter new purchase agreements for at least 1,000 … [continued]

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XPRIZE Partners With Carbonfuture On Carbon Dioxide Removal MRV

Credit to Author: Benjamin Schulz| Date: Mon, 29 Apr 2024 15:55:10 +0000

Carbonfuture, the leading provider of high-integrity durable carbon removal, has announced a partnership with XPRIZE. Valued at $100M, XPRIZE Carbon Removal aims to fight climate change and rebalance the Earth’s carbon cycle. The partnership marks a milestone collaboration between top organizations verifying (Carbonfuture) and funding (XPRIZE) carbon dioxide removal (CDR) … [continued]

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CCS, CDR, DAC — The Dangerous Lies Behind Those Carbon Management Schemes

Credit to Author: Steve Hanley| Date: Thu, 30 Nov 2023 00:33:37 +0000

Expect a lot of announcements about carbon management devices at COP 28. Just remember — none of them work as advertised.

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