Berlin-based Senken signed a multi-year carbon removal agreement with Carbonsate for 50,000 tonnes of permanent carbon dioxide removal (CDR) through 2028. This represents Europe's largest biomass storage deal to date and the second-largest global buyer commitment in this category. The CDRs will come from Carbonsate's Puro.earth-verified biomass geological storage project in Namibia, which clears encroacher bush. Senken will allocate these credits to its corporate partners who require permanent CDR to meet net-zero targets. The agreement provides Carbonsate with the certainty to expand its Namibian operations, which have a potential capacity exceeding 100,000 tonnes annually.
Read the original at Carbon Herald →