This Week in CDR - Week 11, 2025

We are back with another edition of This Week in CDR, a weekly round-up of the top news, developments, and market updates from the world of durable carbon removal.

The second week of March saw some key developments in durable CDR, led by a multi-year agreement between Nordea and Inherit for 68,000 tonnes of CDR, while other highlights that continued to drive momentum include large funding rounds, partnerships, research output, and new certification endorsements.

Read on to learn more in the newest edition of This Week in CDR!

What is the market sentiment for durable CDR?
Explore findings from the 2025 CDR Market Survey with Sylvera, in which we present the market sentiment and expectations for durable CDR solutions for 2025 and beyond.

Deals and Partnerships

[Image source: Inherit Carbon Solutions]

Deals

Finnish bank Nordea signed a multi-year agreement to buy 68,000 tonnes of CDR from Norwegian BECCS company Inherit. The deal, a first for Nordea, made it the 2nd largest purchaser of durable CDR credits by volume from the banking sector.

Partnerships

Supercritical expanded its partnership with Exomad Green as the exclusive distributor for 130,000 tonnes of Exomad’s 2025 spot biochar credits, broadening biochar-based CDR solutions to new markets.

Spanish airline Volotea and DAC company 280 Earth signed a two-year agreement to develop high-quality carbon credits and explore certified emission reduction projects, marking 280 Earth’s entry into Europe’s carbon removal market.

Indian enhanced weathering company Alt Carbon signed an agreement with Mitsubishi Corporation to establish India as a CDR hub, focusing on scaling carbon removal technologies to drive regional climate impact.

Want to know more about durable CDR?
Join over 800 companies and sign up for free access to the CDR.fyi Portal to gain market insights, showcase your company’s profile and progress, and get on the CDR Map!

Financing

[Image source: Capture6]

Berkeley, US-based direct air capture (DAC) company Capture6 raised $27.5 million in Series A and project funding to scale its freshwater production and carbon removal technology, expanding its impact in the CDR sector. The investment round was led by private equity firm Tetrad Corporation.

The Government of Canada announced a $24 million investment over six years in Solid Carbon, a University of Victoria-led project developing offshore CDR technology to permanently store CO₂ as rock in deep ocean basalt.

Ucaneo secured funding from Aramco Ventures to develop Germany’s largest DAC facility, accelerating its electrochemical DAC technology and strengthening its role in the carbon removal market.

Pricing Perception Gap in Durable CDR
Explore insights from the Durable CDR Pricing Survey, conducted in partnership with OPIS, to help market participants better understand pricing expectations for durable CDR credits.

Policy and Research

[Image source: Biosorra]

Biosorra became Kenya’s first industrial CDR company to achieve ICROA certification, ensuring its biochar projects meet rigorous standards for durable carbon removal.

Biomass direct storage company Carbon Lockdown's founder, Dr. Ning Zeng, has received a U.S. Patent for wood harvesting and storage, advancing biomass burial as a durable carbon removal solution for permanent CO₂ storage.

Get Custom Reports from CDR.fyi
Get custom reports with data coverage across specific data on durable CDR transactions, insights and analysis from our surveys, and insights on equity investments. Send a quote to team@cdr.fyi to get started.

Reports

[Image source: Arca]

Arca published a whitepaper with The Climate Agency and Will MacNamara, former Financial Times correspondent, outlining how mine waste can remove CO₂ from the atmosphere at scale, while representing a $100 billion revenue stream for the mining industry

Heads Up!

• Bridging the Gap: Durable CDR Market Pricing Survey Insights

Join us on March 19 for an insightful webinar with OPIS, A Dow Jones Company where we will discuss key findings from our Durable CDR Pricing Survey.

In the webinar we will explore critical market insights, cross-market perspectives, and future market development for durable carbon removal credits featuring a panel of experts:

• Joanna Klitzke, Procurement and Ecosystem Strategy at Frontier
• Nishad Pai, VP of Business Development at Heirloom
• Diego Justiniano, CEO at Exomad Green
• Alexander Rink, Co-Founder & CEO at CDR.fyi
• Henry Kronk, Senior Carbon Markets Editor at OPIS

You can register using the link here.

Learn more about the findings from our survey and read the full whitepaper published last month. 

• Scrubbing the Skies - Keep Calm and Remove On: CDR.fyi's 2024 Year in Review

On March 19, our Co-founder and CEO Alexander Rink will be part of a webinar discussing CDR.fyi's 2024 Year in Review and the current state of the CDR market.

The webinar, is part of a series “Scrubbing the Skies: The Role of Carbon Dioxide Removal in Combating Climate Change” hosted by Wil Burns, Co-Director, Institute for Responsible Carbon Removal, American University.

Poll of the week

In our latest poll, we're eager to hear from you: What category of capital is in greatest need for growing durable carbon removal?

• Equity financing
• Debt financing
• Project financing
• Grant/Philanthropic financing

Click here to participate in the poll and share your thoughts in the comments.

Join over 800 companies and sign up for free access to the CDR.fyi Portal to gain market insights, showcase your company’s profile and progress, and get on the CDR Map!

Disclosure

CDR.fyi is a public benefit corporation operating globally. Some of the company’s contributors have affiliations with companies in the industry, including Milkywire, Charm Industrial, CDRJobs, and DVNE. Data and content published by CDR.fyi, including This Week in CDR, our Monthly Recaps, and our Quarterly Market Updates, are vetted and reviewed by individuals with no conflict of interest.