Frontier, a corporate-backed carbon removal buyers' coalition, has signed an $11.7 million offtake agreement with 44.01 to purchase 20,932 tonnes of carbon removal. The deal, Frontier's first for in-situ mineralisation technology, will support trials in the UAE to convert biogenic CO2 into solid minerals underground. Deliveries are scheduled between 2028 and 2031, aiming to demonstrate continuous operations and assess commercial viability. This agreement seeks to bridge the gap between demonstration projects and commercial deployment for this permanent carbon storage method.
US renewable fuels company Gevo has signed a three-year agreement with carbon management platform CEEZER to supply a five-figure volume of carbon dioxide removal (CDR) credits through 2029. CEEZER will procure these credits from Gevo's North Dakota bioenergy with carbon capture and storage (BECCS) facility for an unnamed Fortune 500 enterprise software company. This marks Gevo's first multi-year supply contract for CDR credits and supports its goal of generating over $30 million in annual revenue from its carbon business. The deal signals increasing corporate demand for longer-term arrangements to secure carbon removal supply and quality.
The durable carbon dioxide removal (CDR) market saw approximately 362,000 tonnes contracted in June 2026, driven by multiple significant deals. Altitude and Equilibrium signed an 8-year, 180,000-tonne biochar offtake, while JP Morgan Chase agreed to purchase 61,500 tonnes from Charm Industrial and invested $20 million in the company. Microsoft secured 36,920 tonnes of enhanced weathering credits from Alt Carbon and purchased North America's first certified direct air capture (DAC) credits from Deep Sky. TD Bank also signed agreements for 18,000 tonnes of CDR with Deep Sky and a multi-pathway portfolio with Climeworks Solutions.
The International Air Transport Association (IATA) and Xpansiv have opened a new procurement event for airlines to acquire CORSIA Phase I eligible emissions units throughout November 2026. This initiative, part of the IATA Aviation Carbon Exchange (ACE), introduces new features such as tailored requests for proposals, registry custodial services, and a deferred payment option available until December 2027. These tools aim to simplify transactions and address procurement barriers for airlines needing to meet compliance obligations for CORSIA's first phase, which covers 2024 to 2026. Project-level information for the November event is expected to be released on 21 October.
Grow Indigo, in partnership with the Indian Council of Agricultural Research (ICAR), distributed India's first verified agricultural carbon credit payments to over 2,500 smallholder farmers in Punjab and Haryana. These disbursements, averaging Rs 11,478 per farmer, were for practices adopted between 2019 and 2022 under the Verra VM0042 methodology. Grow Indigo provided upfront digital payments, funded by corporate funds, to overcome financial barriers for farmers transitioning to regenerative agriculture. The Aadi carbon farming programme used crop-simulation models and remote sensing to verify practices like direct-seeded rice and reduced tillage. This initiative aims to establish a scalable framework for incentivising soil health and climate resilience in Indian agriculture.
Google has signed an agreement to purchase 1 million tonnes of carbon dioxide removal (CDR) from enhanced weathering company Terradot. The deal also includes the purchase of 1 million metric tonnes CO2e of methane elimination by 2030. This commitment represents a significant corporate offtake in the durable CDR market. Separately, Granitor agreed to purchase 5,000 tonnes of CDR from Stockholm Exergi over five years, starting in 2030, and Salesforce backed 3,661 tonnes of durable CDR pre-purchases through Milkywire across DAC, alkalinity enhancement, and biomass direct storage.
Residual Carbon has launched a new Buyer Portal, with 25 major buyers already subscribed. The platform provides early access to project pricing, delivery schedules, and risk assessments for carbon removal projects. This initiative aims to streamline the procurement process by offering commercial terms and project details upfront, moving due diligence earlier in the purchasing cycle. The company, founded by executives from BeZero and Oka, seeks to address market demands for greater transparency and efficient transaction infrastructure.
Dutch utility Eneco has signed a Letter of Intent with Denmark-based Klimate to explore carbon dioxide removal (CDR) opportunities. This expands on Eneco's 2023 co-leadership in Klimate's seed funding round, which raised $3.7 million (€3.5 million). The partnership grants Eneco access to Klimate's CDR platform, project portfolio, and market expertise, aiming to deepen Eneco's understanding of the CDR market and meet customer demand for high-quality removals. Eneco views carbon removal as crucial for addressing residual emissions, complementing its primary focus on emissions reduction.
Cotierra has raised $3 million in funding to scale the commercial deployment of biochar within tropical agricultural supply chains. The investment aims to overcome barriers to biochar implementation in fragmented farming systems, including complex supply chains and MRV challenges. Cotierra will use the capital to expand operational infrastructure, streamline feedstock sourcing, optimise pyrolysis production, and automate carbon credit issuance. This expansion will facilitate increased biochar distribution to improve soil fertility and generate verifiable carbon credits, validating the commercial scalability of agricultural carbon removal.
Pacific Biochar and Humboldt Sawmill Company have partnered to convert sawmill residues into biochar, generating over 6,900 Core Carbon Principles (CCP)-labelled carbon credits. The project, a retrofit to an existing bioenergy facility, is expected to produce approximately 10,000 credits annually over 30 years. This initiative addresses challenges in utilising woody biomass while achieving verifiable carbon dioxide removal in California. The biochar is deployed on agricultural lands, enhancing soil health and sequestering carbon with over 95% projected to remain stored beyond 200 years.
Verde Resources Inc. has expanded its master commercialisation agreement with Ergon Asphalt & Emulsions, Inc. in the United States to scale engineered biochar adoption. This collaboration aims to integrate sustainable carbon-sequestering materials into infrastructure, particularly cold-paving and road construction. Additionally, Verde signed a memorandum of understanding with Highway International for a pilot initiative in Singapore. These partnerships establish frameworks for material supply, licensing, and market entry, facilitating the generation of high-integrity carbon credits. The initiatives address the high carbon intensity of the traditional infrastructure sector and barriers to biochar adoption.
Wyoming-based Cowboy Clean Fuels completed its first sale of durable carbon removal credits, providing 500 tonnes of permanent carbon removal to Salesforce. This transaction was part of a 3,661-tonne purchasing round arranged by Milkywire to support early-stage climate technology suppliers. Cowboy Clean Fuels uses a method that injects agricultural processing residues into depleted coalbed methane reservoirs, where microorganisms capture methane for commercial use and bind carbon dioxide to coal formations. The credits for 2026 delivery were independently verified against ISO 14064-2:2019 standards. This deal provides early revenue for a commercial-scale project and supports corporate buyers' long-term sustainability commitments.
Direct air capture (DAC) company 1PointFive has sold over 15,000 tonnes of carbon dioxide removal (CDR) credits through channel partners including CUR8, Supercritical, and Patch. These partnerships enable smaller and medium-sized organisations to access high-integrity carbon removal solutions. The channel partners streamline the purchasing process, making DAC credits available to a wider range of buyers. This approach helps connect large-scale CDR projects with diverse buyer needs, facilitating broader adoption of carbon removal. The sales include credits for large events and year-end portfolio additions.
Anew Climate has signed a ten-year agreement to be the exclusive commercialisation partner for EKEN's improved forest management (IFM) carbon credits from Sweden. The partnership aims to connect corporate buyers with these credits, which are generated under Verra's VM0045 methodology, one of the first IFM methodologies approved for the CCP label. EKEN anticipates issuing 30,000 to 65,000 IFM credits between 2027 and 2031, with the first issuances expected in Q4 2027.
Dutch carbon developer Green Earth reported its carbon credit sales pipeline exceeded $56 million by the end of September, with firm contracted future sales reaching $53 million. This represents an increase from $47 million at the end of June and a 23-fold rise from the end of 2025. A significant contributor is a $4.8 million deal for its Uganda project, covering deliveries from 2027 to 2031, with an option for additional volumes potentially increasing the total to $16.3 million. The growth reflects a trend of buyers securing future carbon credit supply through long-term offtake agreements.
Brightly, a food waste and climate solutions company, has secured the first issuance of Verra carbon credits for a project that diverts edible food from waste streams. The project generated 721,649 Verified Carbon Units (VCUs) from 3.1 billion pounds of qualifying rescued food between March 2020 and December 2023. These credits were issued under Verra's VM0046 methodology, with SCS Global Services providing independent validation and verification, and BeZero Carbon assigning an 'A' ex-ante rating. Most net proceeds from credit sales will be returned to the 198 Feeding America partner food banks and 28 independent food rescue organisations across the U.S. that participated in the project. This initiative establishes a new funding stream for food rescue operations, supporting infrastructure and expansion.
Swiss climate technology firm Cotierra secured $3 million in a funding round co-led by Carbon Removal Partners and PINC, bringing its total capital raised to approximately $4.75 million. The investment will advance its decentralised biochar operations from field deployments to commercial scale. Cotierra's integrated platform combines reactor hardware with digital software, enabling on-site biochar production and robust monitoring for carbon removal. The company plans to expand beyond the coffee industry into cocoa, cotton, and citrus, establishing decentralised biochar as a core element of regenerative agriculture in tropical regions.
Japan Airlines (JAL) has signed a purchase agreement with Climeworks Solutions for carbon dioxide removal (CDR) credits. The credits are designed to meet regulatory compliance standards under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). This agreement marks a shift towards using permanent carbon removals for compliance rather than solely for voluntary corporate initiatives. JAL's procurement strategy includes biochar, soil carbon sequestration, and direct air capture, setting a compliance benchmark for the aviation sector.
Archer-Daniels-Midland Company (ADM) has entered the voluntary carbon dioxide removal market, utilising over 800,000 tonnes of annual removal capacity from its Columbus, Nebraska bioethanol carbon capture and storage operations. ADM partnered with Tallgrass for carbon transport and sequestration into the Eastern Wyoming Sequestration Hub, with Puro.earth certifying the credits under its Geologically Stored Carbon methodology. Initial credit issuances are expected by year-end following third-party audits. This initiative establishes a 15-year crediting period, providing one of the largest single-facility engineered removal offerings to the VCM.
Pacific Biochar and Humboldt Sawmill Company have scaled their biochar carbon removal project in Scotia, California, integrating biochar production into existing sawmill and bioenergy operations. Operational since 2020, the project has issued over 6,900 credits and anticipates an annual output of approximately 10,000 credits over 30 years. The initiative will transition to a CCP-Approved methodology under Isometric standards in 2025, utilising a low-cost infrastructure retrofit and digital MRV for high carbon integrity. This approach transforms woody byproducts from FSC-certified forests into stable carbon sinks and agricultural soil amendments, with over 95% of sequestered carbon projected to remain stable beyond 200 years. The associated bioenergy facility also generates 156,000 MWh of renewable electricity annually.
CREW Carbon has signed an offtake agreement with Microsoft for 23,602 tonnes of carbon dioxide removal (CDR) credits. This deal, CREW's second largest to date and first with Microsoft, supports the company's method of integrating durable CDR into wastewater treatment infrastructure. With 97,788 tonnes sold, CREW is now the second largest supplier of Alkalinity Enhancement credits globally. Microsoft continues to lead the CDR.fyi Purchasers Leaderboard with over 37.14 million tonnes in purchases.
Swedish manufacturer Höganäs AB has agreed to purchase 70,000 tonnes of carbon removal credits from Öresundskraft AB, to be delivered over 10 years. The credits will originate from Öresundskraft's BECCS facility at Filbornaverket in Helsingborg, scheduled for completion in 2029. This facility is projected to capture 200,000 tonnes of CO2 annually, with 45% being biogenic. This agreement supports Höganäs's strategy to achieve net-zero emissions across its value chain by 2037.
Sirona Technologies has paused its Project Moringa direct air capture (DAC) operations in the Middle East due to escalating regional conflict, shifting its focus to the Furu Project in Norway. Project Moringa, launched in late 2025 with a 300 tons per year capture capacity, aimed to validate Sirona's DAC technology. The company will now prioritise Project Furu, located in Norway's Energy Park next to the Northern Lights CO2 terminal, citing incentives from the European Commission's proposal to integrate carbon removals into the EU ETS. Sirona plans to leverage lessons learned from Project Moringa, which achieved a 35% reduction in energy consumption, for its Norwegian development.
The Paracel forestry and conservation project in Paraguay, backed by Trafigura, verified its first 190,000 tonnes of carbon removal credits. These credits are among the first globally to be verified under Verra’s updated VM0047 methodology for Afforestation, Reforestation, and Revegetation. The project has planted 87,000 hectares and is projected to generate over 23 million tonnes of carbon removals over its lifespan, allocating 40% of its area to biodiversity conservation. This milestone positions the project for emerging international compliance channels as Paraguay develops its Article 6 framework.
Archer-Daniels-Midland Company (ADM) plans to enter the voluntary carbon dioxide removal market by certifying over 800,000 tonnes of annual carbon removal capacity through a partnership with Puro.earth. The initiative leverages carbon capture and geologic storage at ADM's Columbus, Nebraska corn processing complex. ADM will capture biogenic CO2 from industrial ethanol fermentation, transport it to the Eastern Wyoming Sequestration Hub, and subject operations to third-party auditing under Puro.earth’s Geologically Stored Carbon methodology. Certification and credit issuance are expected by year-end, initiating a 15-year crediting period for customers across various sectors.
Xpansiv, an infrastructure provider for environmental commodity markets, secured new capital from European growth investor Verdane to fund acquisitions and expand its product offerings and geographic reach. The investment will support Xpansiv's strategy to acquire complementary technologies, building on its previous purchases of APX, Evolution Markets, and Evident. Xpansiv operates registries, marketplaces, and data services for clean-power products, renewable energy certificates, and carbon credits. The company's registries currently cover over 320 gigawatts of renewable generation capacity across more than 60 countries.
FLS Group has launched Project Alfheim in eastern Paraguay, an industrial biochar production and carbon removal initiative. The project will convert regional waste biomass into biochar using pyrolysis, aiming for an annual production of 11,500 tonnes of certified biochar and 17,000 tonnes of verified carbon dioxide removal (CDR) credits. It integrates HaiQi Environmental Technologies and DecarboEngineering for technology, and Cula Technologies for digital MRV aligned with Puro.earth standards. This initiative seeks to provide durable carbon removal credits, generate renewable energy, and enhance agricultural soil, establishing a scalable model for industrial biochar in South America.
US bio-waste carbon removal provider Vaulted Deep secured a $35 million commercial debt facility from Mediobanca Group, arranged by CFP Energy. This financing, backed by long-term carbon removal purchase commitments from buyers including Google and Stripe, represents the largest publicly disclosed commercial debt deal for durable carbon removal in the US supported by multi-year offtake agreements. The capital will fund the nationwide expansion of Vaulted Deep's subsurface disposal wells, building on active sites in California and Kansas. This transaction establishes a model for scaling biomass carbon removal infrastructure by leveraging long-term buyer agreements to secure non-dilutive commercial debt from mainstream financial institutions.
Milkywire announced it is exploring the procurement of large-scale carbon dioxide removal (CDR) from projects integrated within data centre infrastructure. The initiative focuses on solutions where data centre integration offers technical or economic advantages for durable CDR, such as utilising waste heat or shared energy systems. Milkywire has issued a call for proposals, seeking projects primarily focused on carbon removal that have secured at least one prior commercial CDR agreement. This move addresses sustainability concerns associated with the high resource consumption of data centres.
Japan Airlines (JAL) has initiated direct purchasing agreements for durable biochar carbon removal credits to manage its environmental compliance strategy. This move aims to bypass traditional intermediaries and secure bilateral arrangements with removal suppliers, insulating JAL from volatile secondary spot markets. The decision is driven by the impending supply crunch under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which mandates participation from 2027. JAL's strategy involves long-term, direct forward purchase contracts with vetted developers to ensure predictable volume flows and fixed pricing structures. This early market entry provides risk management and strategic advantages, establishing a precedent within Asian corporate finance for durable carbon dioxide removal.
Biochar Industrial Group (BIG), an Africa-based biochar developer, raised $1.5 million in pre-seed funding to expand its factory-integrated carbon removal model. The investment will support the installation of biochar production units directly at food processing facilities across Sub-Saharan Africa. This approach aims to secure a continuous biomass supply and expand carbon sequestration capabilities. By embedding processing infrastructure within existing agricultural operations, BIG seeks to resolve supply chain and cost inefficiencies often faced by industrial carbon removal developers in emerging markets. The funding demonstrates venture capital interest in decentralised carbon dioxide removal architectures and aims to scale high-permanence carbon removal and credit supply.
Exomad Green and Carbonfuture expanded their strategic supply agreement, securing over 1.1 million tonnes of biochar carbon removal (BCR) for corporate buyers through 2035. This builds on a 2023 collaboration that delivered over 400,000 tonnes and complements 1.2 million tonnes already contracted. The partnership links Exomad Green's Bolivian industrial facilities, which use sawmill waste, with Carbonfuture's digital tracking and distribution network. This expansion addresses market demand for traceable, verified carbon removal assets and supports Exomad Green's goal of one megatonne annual capacity. The biochar is also distributed to local Bolivian farmers to improve soil quality.
Exomad Green and Carbonfuture expanded their strategic supply partnership, securing over 1.1 million tonnes of biochar carbon removal (BCR) for corporate buyers through 2035. This agreement includes a pre-existing supply for 2026 and adds to over 1.2 million tonnes already contracted. The deal links Exomad Green's Bolivian production with Carbonfuture's digital tracking and buyer network. Since 2023, Exomad Green has delivered over 400,000 tonnes of durable carbon removal, becoming a market leader by cumulative delivered volume. This expansion reflects a market trend where corporate buyers prioritise suppliers with proven operating histories and verifiable delivery records.
Indigenous communities in Bolivia's Multi-Ethnic Indigenous Territory II (TIM II) have rejected a carbon contract signed with the Federico Hecker Foundation, covering over 440,000 hectares for 30 years. The board of TIM II issued a public statement in March 2025, refusing to recognise the agreement due to a lack of free, prior, and informed consent from all 36 communities. The contract, signed in 2024, granted the Foundation control over carbon credits, audits, and sales within 88% of TIM II. Indigenous organisations in Bolivia subsequently published a 'Manifesto for Land, Territory, and the Environment' in October 2025, rejecting carbon credits as a commodification of nature.
German technology developer PyroCCS closed its first external equity round, securing seed funding from Lotus One Investment, climate-tech venture capital firm Counteract, and private investors. This capital injection will accelerate the global deployment of the company’s modular pyrolysis infrastructure and integrated biocarbon supply chain across Africa, Asia, and the Americas. PyroCCS uses its proprietary Gravity Series pyrolysis systems and Sarva Plant Operating System to process biomass into industrial-grade biocarbon, bio-oil, baseload power, and durable carbon removal credits. The company's digital monitoring, reporting, and verification (dMRV) framework integrates with registries including Isometric, Puro.earth, and Carbon Standards International. This investment follows a recent carbon credit purchase agreement with Tencent, awarded after PyroCCS was selected for Tencent’s CarbonX 2.0 initiative.
Empacar S.A. has launched CarbonX, a new business unit, to enter the voluntary carbon market by scaling biochar carbon removal in Bolivia. Supported by BioFlux, the initiative aims to remove approximately 70,000 tonnes of CO2e annually through pyrolysis operations in the Guarayos region. The project will utilise low-value woody residues from local sawmills, addressing challenges in equipment validation and regulatory frameworks for biochar in Latin America. CarbonX is developing an audit-ready framework targeting Puro.earth methodology standards and plans to use local agricultural soil application for its biochar.
Exomad Green and Carbonfuture announced an expanded partnership on 17 September 2026, securing over 1,100,000 tonnes of biochar carbon removal supply for corporate buyers through 2035. This new allocation is in addition to the more than 1,200,000 tonnes already contracted under existing multi-year agreements. Exomad Green, which has delivered over 400,000 tonnes of durable carbon removal since mid-2023, will provide the supply via Carbonfuture's digital infrastructure. The companies state that this expansion addresses buyers' increasing demand for proven delivery and traceable, high-integrity carbon removal.
Data from carbon removal marketplace Supercritical indicates global biochar credit sales reached 2.99 million tonnes in the first half of 2026, up from 1.59 million tonnes in H1 2025. This expansion was driven by a tenfold increase in non-Microsoft forward-committed purchasing to 1.81 million tonnes, while spot market sales decreased by 54 percent. Supercritical's assessment of over 400 global biochar projects found only 13 met its full compliance standards, leading to 81 percent of high-quality 2026 supply being committed via contracts by July. Corporate buyers are shifting from annual spot transactions to multi-year offtake frameworks due to tightening supply of high-integrity biochar. This trend suggests that access to verified carbon removals increasingly depends on early contract execution and rigorous project vetting.
The Royal Bank of Canada (RBC) has agreed to purchase Improved Forest Management (IFM) carbon removal credits from US-based project developer Chestnut Carbon. This deal directs corporate carbon market capital to private forest owners across 37 states, covering over 200,000 acres. The agreement aims to incentivise long-term forest conservation by offering landowners an economic alternative to land conversion or aggressive timber harvests. It supports sustainable forestry practices such as extended harvest rotations and strategic thinning. For RBC, the acquisition contributes verified nature-based carbon removals to its operational sustainability strategy.
Google has signed a five-year agreement with Mitti Labs to purchase one million carbon credits by 2030, targeting methane reduction from rice cultivation in India. This deal, focused on smallholder rice farms across 100,000 hectares, represents the largest off-take agreement for rice-methane reduction credits to date. Mitti Labs will implement Alternate Wetting and Drying (AWD) practices across over 70,000 farms, using a GeoAI platform for verification. The project aims to reduce methane emissions by approximately 50% and irrigation water usage by nearly 40% without affecting crop yields. It is expected to deliver three million tonnes of near-term climate impact reduction and conserve 1.5 trillion litres of water.
Whirlpool Corporation partnered with ClimeFi to procure a diversified portfolio of durable carbon dioxide removal credits, including biochar from Liferaft. The procurement strategy involves four distinct suppliers and carbon removal pathways across the United States and Brazil. This initiative aims to advance Whirlpool's net-zero greenhouse gas emissions goal by 2050. ClimeFi structured a dual-track contracting framework, combining firm offtake commitments with standalone call options to provide immediate capital certainty and future scalability. This collaboration validates biochar as a key component in multi-technology portfolios and sets a precedent for corporate carbon removal procurement.
Carba's biochar facility at the Burnsville Sanitary Landfill in Minnesota became the first carbon removal project validated under Isometric's methodology for biochar storage in low-oxygen environments. Following this third-party verification, U.S. Bank completed its initial purchase of durable carbon removal credits from Carba. The project converts waste biomass into stable biocarbon using a patent-pending autothermal processing system and anoxic burial, leveraging existing landfill infrastructure. This model aims to provide multi-thousand-year carbon sequestration and additional environmental benefits, establishing a framework for landfill-based biocarbon storage.
GSK has agreed an eight-year carbon credit purchase deal, structured by Earthly, to support Varaha's regenerative agriculture project in India. The initiative aims to expand sustainable land management across over 50,000 hectares in northern India, generating carbon emission reductions and removals. The project will help farmers adopt practices like crop residue soil incorporation and reduced tillage, addressing seasonal crop residue burning in Punjab and Haryana. Future credit issuances are expected to align with ICVCM Core Carbon Principles as the project upgrades its Verra certification to VM0042 v2.2.
Corporate buyers secured 81% of the available high-quality biochar carbon credit supply by July 2026, three months earlier than in 2025, according to market research from Supercritical. Excluding large Microsoft transactions, market-wide off-take volumes increased tenfold from 176,000 tonnes in H1 2025 to 1.81 million tonnes in H1 2026. This accelerated procurement is leading to tight late-year supply constraints and spot market price inflation. The report indicates a shift towards structured multi-year agreements, leaving minimal high-integrity supply for second-half spot buyers. Biochar continues to lead the carbon dioxide removal sector in verified volume.
U.S. Bank has acquired carbon removal credits from biochar developer Carba, marking its first direct investment in durable carbon removal technology. Carba deployed a proprietary molten salt pyrolysis reactor at a Minnesota landfill to convert urban waste biomass into biochar. This on-site processing reduces transportation costs and aims for carbon durability exceeding 1,000 years at under $100 per metric tonne. The agreement expands Carba's client base, which includes a prior five-year purchase contract with Microsoft.
GSK has entered an 8-year purchase agreement for carbon credits from Varaha's regenerative agriculture project in northern India, structured by Earthly. The biopharma company will support the expansion of regenerative agriculture practices across over 50,000 hectares, aiming to reduce crop residue burning and increase soil carbon storage. This investment aligns with GSK's sustainability strategy to reduce 80% of its CO2 emissions by 2030 and address the remaining 20% through high-quality nature projects. The project, certified under Verra's VM0042 methodology, will be upgraded to VM0042 v2.2, allowing future issuances to qualify for the CCP label.
Indian climate technology firm Equilibrium has deployed decentralised carbon removal infrastructure across nine Indian states, integrating over 27,000 smallholder farmers into international carbon markets. The initiative covers 30,000 hectares, using agroforestry, mangrove restoration, and biochar production to convert agricultural waste into soil amendments. Equilibrium provides localised processing technologies and full upfront financing, including Kon-Tiki kilns, and covers all capital expenditures for participating farmers. Farmers receive 25-30% of carbon credit sales, with Equilibrium using satellite imagery for verification. The company plans to scale operations to 120,000 hectares and 150,000 smallholder farmers.
Carbon credit financing is enabling the expansion of clean cooking solutions across Africa, with $900 million in new financing commitments secured. Companies like Kenya's BURN are utilising carbon credits to subsidise electric and efficient biomass cookstoves for low-income households. This approach aims to replace traditional charcoal stoves and open fires, reducing deforestation and household air pollution. The long-term success of this initiative relies on sustained demand for high-integrity carbon credits.
German climate technology provider PyroCCS GmbH closed a funding round to scale its Gravity Series pyrolysis units and digital Monitoring, Reporting, and Verification (dMRV) software operations. The company converts agricultural and forestry waste into biochar, metallurgical biocarbon, and activated carbon, generating certified carbon removal credits. The capital will fund equipment manufacturing, expand project partnerships in the Global South, and strengthen connections with industrial buyers. PyroCCS's vertically integrated model combines modular pyrolysis hardware with dMRV software and manages product offtake, addressing bottlenecks in the biochar and pyrolysis sector. This expansion will deploy pyrolysis capacity across sub-Saharan Africa and Asia, creating durable carbon products and verifiable carbon removal credits.
Carbon marketplace Supercritical announced an exclusive partnership with Ground Up to expand biochar production and carbon removal operations across India. Ground Up, the first project in Supercritical’s Supply Development Program, aims to remove at least 50,000 tonnes of carbon dioxide by 2028. Building on its Project Nandani pilot in Maharashtra, which issued Isometric-validated credits and expects to deliver 2,500 tonnes this year, Ground Up will establish a multi-site network co-located with Indian sugar mills. The collaboration addresses agricultural waste management by converting sugarcane residues into biochar, which is returned to agricultural lands to sequester carbon for over 200 years and improve soil productivity. Supercritical provides capital and volume commitments, supporting Ground Up's transition from a pilot to an integrated supply network for verified biochar carbon removal credits.
PT ESGIN Global Partners (ESGIN) has partnered with the Indonesian Tapioca Flour Entrepreneurs Association (PPTTI) and cattle operator PT Juang Jaya Abdi Alam to develop a decarbonisation initiative in Indonesia. The collaboration, announced at the ESGIN Business Gathering 2026, focuses on methane mitigation at 23 tapioca processing plants and biochar production from agricultural waste. The biochar initiative with PT Juang Jaya Abdi Alam targets up to 30,000 tonnes of biochar annually from 20,000 cattle. These projects are projected to yield approximately 500,000 tonnes of CO₂ equivalent in emission reductions, with future carbon credit registration planned.
Singapore-based exchange Climate Impact X (CIX) and London-based platform Carbonplace announced their intent to merge, aiming to create a unified infrastructure for global carbon markets. The proposed merger, subject to regulatory approvals and expected to complete integration by Q1 2027, combines CIX's front-end price discovery with Carbonplace's back-end multi-registry settlement and custody systems. This move seeks to address market fragmentation, improve liquidity, and enhance price transparency across voluntary, Article 6, and compliance markets. The combined entity will integrate the full transaction lifecycle, supported by 12 major financial institutions, connecting project supply with institutional buyers. This development aims to provide a streamlined, bank-grade settlement network essential for scaling high-integrity carbon markets.
Australian technology firm NoviqTech Limited is shifting its strategy to become an industrial-scale carbon dioxide removal provider, centring operations around its Coralia biochar platform. This pivot aims to generate high-integrity carbon credits, support sustainable construction, and provide clean energy applications. The company will integrate its existing digital infrastructure with biochar deployment for full lifecycle verification of carbon credits. NoviqTech also plans to incorporate biochar into low-carbon concrete formulations through a research partnership with Swinburne University of Technology. This move follows the termination of a planned AUD 1 million software divestment in August 2026.
Supercritical and Ground Up have formed an exclusive partnership to expand biochar carbon removal operations across India, targeting at least 50,000 tonnes of verified carbon removal by 2028. Ground Up's Project Nandani in Kolhapur has already issued its first Isometric-validated carbon removal credits, with 2,500 tonnes expected this year. The expansion will add production facilities alongside India's largest sugar mills, utilising agricultural waste to produce biochar. This partnership provides Ground Up with capital and volume commitments to scale its operations beyond the pilot phase. The first expansion site has secured funding and is scheduled to begin production next year.
Carbon removal marketplace Supercritical has partnered with biochar developer Ground Up to expand biochar carbon removal operations across India. The initiative will establish industrial-scale biochar production hubs near agricultural residue streams, such as sugarcane mills, using localised pyrolysis infrastructure. This aims to generate high-integrity carbon credits and supply biochar-based soil amendments to Indian farmers. The partnership seeks to mitigate open-field burning of over 500 million tonnes of annual biomass, addressing agricultural land degradation and generating long-term carbon sequestration of 1.5 to 2.5 tonnes of CO₂ equivalent per tonne of biochar.
Verde Resources Inc. and Highway International Private Limited signed a Memorandum of Understanding to pilot carbon-sequestering road infrastructure in Singapore. The agreement involves evaluating Verde's biochar-based 'Net Zero Blueprint' platform for use in asphalt production and paving. The collaboration aims to test material performance, asphalt mix designs, and carbon accounting procedures, with the goal of Highway International becoming a commercial licensee for such projects. This initiative seeks to transform regional biomass waste into stable, engineered biochar, permanently sequestering biogenic carbon within asphalt matrices.
Climate Impact X (CIX) and Carbonplace announced their intention to merge on 26 August 2026, pending approval from the Monetary Authority of Singapore (MAS). The integration of the two platforms is expected to conclude in the first quarter of 2027. This consolidation affects the institutional segment of the voluntary carbon market, bringing together CIX's marketplace and Carbonplace's bank-distributed settlement network. The combined entity aims to streamline large-volume carbon credit transactions.
The remove accelerator programme has completed its 2026 pre-purchase agreements by contracting with London-headquartered hardware manufacturer Exothermite. Exothermite will deliver permanent biochar carbon dioxide removal (CDR) generated from agricultural waste biomass. This deal finalises remove's 2026 purchasing cycle, which included capital commitments to Climitra, Ground Up, and Carbonway. The transaction, facilitated through remove's 'Leap' phase, provides Exothermite with commercial validation and non-dilutive capital to scale its distributed biochar technology. This initiative aims to de-risk early-stage Biomass Carbon Removal and Storage (BiCRS) technologies and accelerate industrial biochar adoption.
Climate platform Commons has partnered with InPlanet to add high-integrity enhanced rock weathering (ERW) carbon removal credits from InPlanet's Brazilian projects to its portfolio. Commons, a finance app for individuals and organisations, selected InPlanet following a rigorous evaluation process. InPlanet focuses on scientific rigor, transparency, and extensive field research in its ERW operations. This collaboration aims to scale durable carbon removal while providing benefits to farmers and local communities through improved soil health. InPlanet also contributes data to academic research to advance ERW as a trusted carbon removal solution.
The remove accelerator programme has finalised its 2026 pre-purchase agreements by securing a deal with Exothermite, a London-based biochar machine producer. Under the agreement, Exothermite will supply permanent biochar carbon dioxide removal (CDR) from waste biomass. This contract concludes remove's 2026 pre-purchase activities, which also included deals with Climitra, Ground Up, and Carbonway. The accelerator's 'Leap' phase offers over $17,000 (€15,000) in purchase agreements to support participating start-ups.
Togo's Environment Ministry signed a Memorandum of Understanding with Valor Carbon, Valitera, and Arborify to secure $8.5 million from an unnamed US investment bank for a nationwide clean cooking programme. This initiative aims to deploy improved cookstoves across the country by 2032, potentially extending to 2037, building on a pilot that distributed 107,000 cookstoves in three regions. The programme seeks to reduce reliance on firewood and charcoal, mitigate deforestation, and cut emissions, linking clean energy deployment with carbon market financing. This expansion will accelerate the transition to cleaner household energy and create carbon market opportunities.
Carbon asset manager Econetix and Vietnamese developer EcoNations launched an integrated bamboo biochar initiative in Khánh Hòa Province, Vietnam, targeting 30,000 Puro.earth Carbon Removal Certificates (CORCs) annually. The project combines a 240-hectare bamboo plantation with a 40-tonne-per-day biochar manufacturing facility, operating under a 20-year crediting period from 2028 to 2048. To mitigate feedstock risk, the facility will initially use FSC-certified acacia and eucalyptus biomass, transitioning to 74% self-sufficiency from its dedicated bamboo plantation by Year 6. The initiative projects a cumulative removal of 600,000 tonnes of carbon dioxide equivalent over its lifetime, leveraging a dual revenue model from CORC sales and local biochar distribution. Econetix's digital Measurement, Reporting, and Verification (dMRV) platform will monitor the project.
Temasek-backed Climate Impact X (CIX) and UK-based Carbonplace announced their intent to merge, combining CIX's exchange and price discovery capabilities with Carbonplace's settlement infrastructure. The transaction, subject to regulatory approval, aims to create a comprehensive platform for environmental markets, integrating sourcing, trading, settlement, custody, and retirement. The combined entity will operate across Singapore and London, backed by 12 institutional shareholders including DBS Bank and Standard Chartered. CIX Chief Executive Oi-Yee Choo will lead the new company, with Carbonplace CEO Scott Eaton serving as president. Integration is expected to conclude in the first quarter of 2027.
Aker Solutions and Microsoft have signed a strategic agreement in Norway to accelerate global carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects. The partnership combines Aker Solutions' engineering and EPC capabilities with Microsoft's digital tools, AI, and digital MRV systems. This collaboration aims to reduce project risk, enhance business cases, and increase the bankability of CCS and CDR developments. The integrated model supports developers from feasibility studies to long-term operations, addressing hurdles like high capital investment risks and complex financial pathways.
Google has launched the 2026 Google Carbon Removal and Superpollutant Elimination R&D Awards in the US, prioritising biochar carbon dioxide removal. The programme seeks proposals for technological innovations to process heterogeneous and high-moisture organic wastes, such as municipal solid waste and sewage sludge, which are currently underutilised due to technical hurdles and distributed supply networks. Each selected research project can receive up to $450,000, with applications closing on 25 September 2026 and funds disbursed by 31 December 2026. Projects must comply with Isometric’s Biomass Feedstock Accounting Module v1.3 standards and include techno-economic and life-cycle assessments.
Beston Group has begun installing a BST-50 continuous biochar pyrolysis plant in Asia for a clean-tech startup. The facility will convert sugarcane straw into biochar, aiming to mitigate air pollution and generate carbon credits. The project faced challenges including base height discrepancies, misaligned anchor bolts, cramped space, and safety risks from an unvented crusher, which Beston Group addressed with on-site engineering solutions. Once operational, the plant will prevent open-field straw burning, enhance soil with biochar, and produce verified carbon dioxide removal credits.
Berlin-based carbon credit platform Senken signed a multi-year offtake agreement with Carbonsate for 50,000 tonnes of certified carbon removal credits from 2026 to 2028 vintages. This represents the largest biomass geological storage commitment by a European buyer and the largest worldwide for an African project. Carbonsate's Namibian project addresses encroacher bush by burying harvested wood in engineered underground chambers, preventing decay and sequestering carbon for centuries. The agreement provides Carbonsate with revenue certainty to scale operations beyond 100,000 tonnes per year, with deliveries commencing in 2026. Credits are independently verified under the Puro.earth standard, offering European corporate buyers access to high-integrity carbon removal.
BeZero Carbon has published independent ex ante risk ratings for 14 carbon dioxide removal (CDR) projects supported by Microsoft. The evaluated portfolio includes biochar, improved forest management, soil carbon, and agroforestry projects across Argentina, India, Peru, and the United States. This initiative provides a comprehensive overview of risk profiles for the market's largest corporate carbon credit buyer, addressing uncertainties in early-stage carbon removal initiatives. The ratings assess structural additionality, permanence protocols, carbon accounting, and operational execution to measure the likelihood of credit issuance. This establishes transparent benchmark metrics for evaluating pre-issuance CDR investments and reinforces Microsoft's internal procurement standards.
BeZero Carbon has published 14 ex ante rating reports on projects within Microsoft's carbon removal portfolio, offering independent pre-issuance analyses. These reports cover projects across improved forest management, soil carbon, biochar, and agroforestry in the US, Argentina, India, and Peru. The assessments, conducted since 2024, include carbon risk analysis, project execution and delivery risk, and beyond-carbon risks and benefits. This release provides insights into the due diligence standards applied by a major carbon removal buyer. Microsoft aims to be carbon negative by 2030 and has contracted over 45 million tonnes of CDR for fiscal year 2025.
Google Research has announced its 2026 Carbon Removal and Superpollutant Elimination R&D Awards, offering up to $450,000 in grant funding for a single project. The initiative targets breakthroughs in high-moisture feedstock pyrolysis to expand global biochar production capacity. This aims to overcome current limitations in processing diverse organic waste, such as municipal solid waste and agricultural residues, which typically have high moisture content. The programme seeks innovations in feedstock preprocessing, reactor design, and low-cost processing for distributed waste sources. Successful applicants, selected after a September 2026 deadline, must produce open research and align with biomass accounting modules to confirm multi-century biochar stability.
Enable Earth has commenced industrial biochar production in northern Thailand's Wiang Pa Pao District, Chiang Rai, converting agricultural residues into verifiable carbon storage. The facility, operational since February 2026, uses pyrolysis technology to process corn residue, aiming to capture approximately 1,300 tonnes of carbon dioxide equivalent per year. This initiative addresses regional agricultural burning and provides traceable carbon removal credits for hard-to-abate sectors. The resulting biochar is returned to local soils, enhancing nutrient retention and water availability for farms. The project establishes a scalable infrastructure for durable carbon sequestration while mitigating agricultural haze and rebuilding degraded farmland.
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.
CO2 Sync, in partnership with Carbo-FORCE, launched a commercial pyrolysis and clean energy production plant in Price, Utah, on 15 August 2026. The CF-1000 facility converts regional wood waste and dead forest biomass into high-density biochar and generates emissions-free electricity and heat. This project addresses hazardous forest fuel buildup and agricultural nutrient inefficiency by mitigating wildfire risks and improving soil health. CO2 Sync plans to replicate this model for distributed biochar production and renewable power generation across Utah and the United States.
TSS Consultants is assessing over 100 biomass-to-biochar technology vendors for a Northern California client managing over 50,000 tonnes of forest waste wood annually. The evaluation focuses on identifying scalable pyrolytic conversion systems that are economically viable and meet stringent carbon accounting criteria for high-integrity carbon removal markets. This initiative aims to divert forest waste from wildfire hazards or open burning, reduce waste management costs, and enable participation in the carbon removal credit economy. The project seeks to establish a commercial pathway for processing forest waste into high-grade biochar suitable for carbon dioxide removal credits.
British telecommunications provider VodafoneThree partnered with Abatable to launch a Request for Proposals (RFP) for 24,000 tonnes of high-integrity carbon dioxide removals. The procurement, spanning 2027 to 2030, supports VodafoneThree's net-zero targets for its UK operations by 2027 and full value-chain net-zero by 2040. The dual-track RFP seeks engineered solutions like biochar, BECCS, and DACS, alongside UK Woodland Carbon Code-accredited projects. Abatable will manage the intake and evaluation, with final project selections expected in Q4 2026. This initiative aims to address market complexities by providing a structured, transparent mechanism for UK carbon removal developers.
Indian biochar startup Ground Up secured a pre-purchase agreement valued at over $17,000 (€15,000) for carbon credits from the carbon dioxide removal (CDR) accelerator remove. This agreement follows Ground Up's progression into the second stage of remove's Global Leap programme, where remove acts as a credit buyer. The deal provides early revenue validation and capital for Ground Up's industrial biochar deployments, which include processing sugarcane crop residues at its Project Nandani pilot facility. remove selected Ground Up due to its operational traceability and 'farmer-first' strategy, which returns biochar to local agricultural soils for fertility improvement and carbon sequestration. This partnership demonstrates how targeted pre-purchase agreements can validate localised biochar production models and integrate agricultural residues into the VCM.
Indian biochar startup Ground Up secured a pre-purchase agreement with carbon dioxide removal (CDR) accelerator remove. The agreement, valued at over $17,000 (€15,000), follows Ground Up's progression to the Global Leap stage of remove's accelerator programme. Ground Up specialises in industrial biochar production facilities, converting sugarcane residues into biochar, and operates India's largest biochar plant, Project Nandani. This marks remove's second such agreement with an accelerator participant, aiming to support early-stage CDR developers and provide commercial traction.
VodafoneThree has issued a request for proposals (RFP) through Abatable to procure 24,000 tonnes of carbon dioxide removals from UK-based nature-based and engineered projects. The four-year procurement process will target deliveries between 2027 and 2030, with an optional window extending to 2033. Eligible pathways include afforestation, soil carbon, biochar, BECCS, and DACCS, with a specific track for new woodland creation under the Woodland Carbon Code. Abatable will evaluate project information against VodafoneThree's criteria, with selections expected in Q4 2026. This initiative forms part of the mobile network operator's sustainability strategy.
On 11 August 2026, 28 civil society organisations (CSOs) sent a joint letter to SK Telecom CEO Jung Jae-hun, demanding the company cease investment in a Myanmar cookstove project. SK Telecom, one of 11 SK Group affiliates, has invested in the project since March 2018, which recently received the first Article 6.4 carbon credit issuance approval. The CSOs cite concerns over human rights violations in Myanmar and the project's association with the military junta, requesting a response by 24 August 2026. The Climate Change Center, which manages the project, stated that SK Group secured 648,783 provisionally issued PACM carbon credits.
The Action for Resilient Climate (ARC) coalition has launched, backed by companies including Tencent, Mitsubishi, CATL, Bain & Co, Osaka Gas, and Vale. ARC aims to provide both a demand signal and a financing facility for carbon project developers, addressing capital needs alongside offtake agreements. The coalition seeks to scale carbon markets by committing to a minimum of 10 million tonnes of carbon credits. This initiative differentiates itself by integrating blended finance to support project development, moving beyond traditional buyer coalitions.
Netherlands-based climate-tech company Paebbl announced partnerships with Prologis Ventures and the JLL Foundation to integrate carbon-storing materials into commercial real estate. This collaboration aims to scale Paebbl's 'Rebond' series, a proprietary ingredient that can replace up to 30% of traditional cement in concrete mixes. Prologis Ventures will facilitate technical and pilot testing across its logistics real estate portfolios, while the JLL Foundation will provide access to corporate sustainability strategies and commercial property networks. The partnerships seek to overcome adoption challenges for carbon-negative construction inputs by securing early project pipelines and validating materials in active commercial developments. This move is intended to accelerate market penetration for Paebbl's mineralised materials and establish a carbon-storing infrastructure model for the real estate sector.
Isometric has signed its first China-based carbon dioxide removal (CDR) projects, agreeing to provide certification services to three developers: DeCarbon Tech, Tongao Greenchar, and Vastwing Energy. The projects include direct air capture (DAC) and biochar initiatives. Isometric will use its AI-powered Certify platform to validate these projects against its protocols. This move aims to enable these Chinese projects to access international buyers, supporting China's 2060 net-zero target which requires significant CO2 removal.
US soil intelligence firm EarthOptics has partnered with C-Quester Analytics to integrate laboratory-grade soil organic matter fractionation into EarthOptics' spatial measurement platform. This collaboration aims to provide verifiable data on soil carbon stability for carbon credit developers and investors. By combining C-Quester's particulate and mineral-associated organic matter (POM/MAOM) analysis with EarthOptics' field measurements, the companies seek to enhance the permanence and durability assessment of soil carbon credits. The initiative addresses a key market barrier by moving beyond volumetric quantification to offer more precise insights into stable carbon pools, supporting scalable measurement, monitoring, reporting, and verification (MMRV) data.
Microsoft has signed a long-term agreement to purchase up to 23,602 durable carbon removal units from Brooklyn-based startup CREW Carbon. This transaction diversifies Microsoft's carbon offset portfolio beyond established methods like direct air capture and biochar. CREW Carbon's technology integrates into municipal wastewater treatment plants, using alkaline minerals to convert dissolved carbon dioxide into stable bicarbonate ions for long-term ocean storage. The deal supports Microsoft's goal of becoming carbon negative by 2030 and expands CREW Carbon's committed removal pipeline past $40 million.
Companies signed carbon offtake agreements worth approximately $12.25 billion in 2025, according to Sylvera data cited by Regreener. These multi-year contracts, typically spanning 5 to 15 years, commit buyers to purchasing future carbon credits at an agreed price and schedule. This volume significantly exceeds the value of credits retired on the spot market in the same year. The trend indicates a shift among corporate buyers towards securing long-term supply and price certainty for high-integrity carbon credits, particularly for durable carbon removal projects. Such agreements provide project developers with the contracted revenue necessary to finance and scale their initiatives.
The Grassland Restoration and Stewardship in South Africa Group Project (GRASS GP) has distributed R2.7 million ($170,000) to 15 farming communities, marking the first payments under the initiative. These payments follow the issuance of 266,254 verified carbon units, generated from the project's first monitoring period across over 95,000 hectares. Developed by TASC in partnership with Meat Naturally Africa, the project aims to restore degraded rangelands in the Eastern Cape and KwaZulu-Natal through regenerative grazing. The credits are the first globally to combine CCB certification with Verra’s VM0042 methodology, channelling carbon credit revenues directly to local communities for activities like hiring herders and pasture restoration. The project plans to restore two million hectares by 2030, preventing approximately 14 million tonnes of CO2 emissions over 30 years.
Climate asset manager Econetix has secured a Letter of Authorization from the Rwandan government to commercialise up to 1.77 million metric tons of CORSIA-eligible carbon credits. These credits, generated from clean cooking and energy efficiency projects, are authorised under Article 6 of the Paris Agreement and will receive corresponding adjustments from Rwanda. This agreement provides international airline operators with access to compliance-grade assets for CORSIA Phase 1. The partnership aims to address the scarcity of eligible carbon credits and direct climate finance into Rwandan clean energy development.
Carbon credit advisory firm Deduci, a sister company of Agendi, launched its second carbon removal portfolio, featuring entirely domestic projects certified in partnership with Isometric. The portfolio includes engineered and nature-based carbon dioxide removal, with Pacific Biochar among the featured developers. This initiative aims to assist corporate buyers with increasingly strict voluntary and regulatory climate disclosures, such as California’s Assembly Bill 1305. Deduci manages onboarding and contracting, while Isometric provides third-party verification and documentation for credits generated. The programme offers corporate buyers access to high-integrity US-based biochar and carbon removal credits through September, streamlining procurement for regulatory compliance.
Soil intelligence company EarthOptics announced a strategic partnership with Cquester Analytics to integrate lab-grade soil organic matter fractionation into its platform. This collaboration will provide carbon programme developers and investors with more defensible evidence of soil carbon permanence through particulate organic matter and mineral-associated organic matter (POM/MAOM) analysis. The companies aim to meet market demand for data demonstrating carbon durability, moving beyond volumetric accounting. They also plan to pursue joint research and establish measurement standards for soil biology in carbon programmes, particularly for grasslands.
Deduci, an Agendi sister company, launched its second carbon removal portfolio, featuring 100% US-based projects certified in partnership with Isometric. The portfolio includes engineered and nature-based removal pathways from Graphyte, Pacific Biochar, and Renoster, utilising methodologies such as Biochar, Improved Forest Management, and Subsurface Biomass Carbon Removal and Storage. This initiative aims to simplify carbon removal procurement for corporate buyers, aligning with evolving voluntary and regulatory frameworks like California's AB 1305 and SBTi. Deduci manages onboarding and contracting, while Isometric provides third-party verification and methodology alignment for the credits.
The Confederation of Indian Textile Industry (CITI), the International Cotton Advisory Committee (ICAC), and Merago Inc. signed an MoU to establish regenerative agriculture carbon credit projects for Indian cotton farmers. The initiative aims to generate carbon credits from sustainable cotton farming, including biochar production and compost application, to provide farmers with additional revenue. CITI-Cotton Development Research Association (CITI CDRA) will manage farmer outreach, ICAC will provide technical expertise, and Merago will handle the carbon asset platform. Credits will be processed and verified under Article 6 of the Paris Agreement and Indian regulatory standards for commercialisation in domestic and international markets.
Econetix has received a Letter of Authorisation from the Rwandan government to market up to 1.77 million metric tonnes of CORSIA-eligible carbon credits. The credits, generated between 1 September 2022 and 31 August 2027 by the Verra-certified Rwandan Improved Cookstove Project, will be transferred internationally under Article 6 of the Paris Agreement, with Rwanda applying corresponding adjustments. This approval adds to the limited supply of CORSIA-eligible credits, which industry forecasts suggest may face a shortfall of 170-236 million units during CORSIA's first compliance phase. Econetix previously secured similar authorisation in the Democratic Republic of Congo and is developing projects in other African nations.
Specialist carbon insurer Kita has secured a strategic investment from Tokio Marine Group, expanding an existing partnership with Tokio Marine Kiln. This collaboration will focus on developing insurance products for carbon credit buyers against delivery failures and non-performance risks, particularly in Japan. Kita will work with Tokio Marine & Nichido Fire Insurance (TMNF) to create these products and explore providing satellite-based carbon project risk assessments to TMNF’s corporate clients. The companies aim to offer a unified solution across the carbon project lifecycle by integrating Kita's digital risk analytics with Nippon Koei's engineering consulting services.
Brazilian developer Mombak completed the first delivery of Amazon reforestation credits to the Symbiosis buyer group, including Google and McKinsey, two years ahead of schedule. The delivery totals over 21,000 tonnes of removed CO2, generated from restoring degraded pastureland across 12 farms in the Brazilian Amazon. These are the first nature-based credits certified by Isometric, carrying Core Carbon Principles (CCP) labelling and dynamic baselines. Mombak attributed the early issuance to optimised land selection and strategic species composition, having planted nearly 15 million native trees. A second, larger issuance of 55,000 credits is expected in late 2026.
Microsoft has entered a long-term carbon removal offtake agreement with CREW Carbon for up to 23,602 metric tonnes of durable carbon removal. CREW Carbon's technology enhances wastewater treatment systems to capture and permanently store atmospheric CO2. This deal expands Microsoft's carbon removal portfolio as it aims for carbon negative status by 2030. The agreement follows previous advance purchase commitments for CREW Carbon, including a $32 million offtake facilitated by Frontier in December 2024.
PayPal has partnered with climate solutions provider 3Degrees to establish a carbon removal investment portfolio, directing corporate capital towards high-durability projects. This initiative supports PayPal's net-zero target by 2040 and includes investments in the Heartyculture Biochar project in India and a BECCS project by Gevo in North Dakota. 3Degrees structured a risk-mitigated procurement strategy, aggregating demand and conducting technical reviews to enable PayPal to purchase smaller, cost-competitive volumes of durable carbon removal credits. This approach aims to address market barriers for corporate buyers seeking high-durability removals from early-stage projects. The partnership provides actionable capital to developers and offers a template for corporate credit procurement through diversified technology investments.
NoviqTech subsidiary Coralia signed a Memorandum of Understanding (MOU) with A Healthier Earth to evaluate a long-term carbon credit offtake agreement. The MOU covers a minimum of 70% of the biochar carbon removal credits generated by Coralia's Great Barrier Reef Biochar Project in Queensland, Australia. The project aims to process two million tonnes of agricultural biomass waste and generate 550,000 tonnes of carbon dioxide removal credits over its lifespan. This collaboration seeks to provide high-integrity carbon removal solutions for hyperscale data centres while addressing invasive woody weed species in Queensland.
Avio Smart Market Stack Limited and ProClime Services Private Limited signed a Memorandum of Understanding to commercialise biochar-based soil enhancement solutions across India. The partnership combines Avio's rural distribution network, spanning over 5,000 villages, with ProClime's expertise in biochar production and carbon project development. This initiative aims to address soil degradation and improve agricultural productivity while generating verified carbon credits for farmers. The collaboration will develop biochar-integrated fertiliser formulations and utilise sustainable feedstocks like bamboo and agricultural residues. Farmers are expected to benefit from increased yields and secondary income through global carbon markets.
Indian firm ProClime and Japan's Cadira Capital Management formed a partnership to mobilise an initial $10 million for biochar carbon removal projects in India. This investment will fund seven plants across six Indian states, converting waste biomass into biochar. The facilities are projected to generate approximately 35,000 carbon dioxide removal credits annually, certified under Puro.earth and Isometric. Cadira will manage capital formation, while ProClime will handle development, operations, and carbon credit origination. Raicho Capital advised on the partnership, aiming to scale permanent carbon removal and create local economic opportunities.
Microsoft has finalised a 10-year offtake agreement with carbon removal developer Liferaft for one million biochar carbon removal units. Facilitated by Supercritical, this represents the largest US biochar transaction to date. The carbon credits will be generated from Liferaft's industrial production facilities in Iowa and Illinois. This agreement addresses historical challenges in scaling biochar deployment by establishing consistent, large-scale removal streams with robust monitoring, reporting, and verification standards.