This Week in CDR - Week 12, 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.

This week brought key developments in durable CDR, with SBTi releasing the much-awaited draft of its updated Corporate Net Zero Standard for public consultation. Other key updates included Puro.earth surpassing 1 million tonnes of CORCs issued, a new protocol to enhance data transparency, and significant funding rounds supporting ocean-based CDR and biochar expansion.

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: Puro.earth]

Deals

CDR registry Puro.earth surpassed the issuance of over 1 million tonnes of CO₂ Removal Certificates (CORCs) to date. It has highlighted geologically stored carbon and biochar as the leading methodologies by issuances with the U.S. as the leading market.

Partnerships

Amazon launched a service offering CDR credits to companies such as suppliers, business customers, and Climate Pledge signatories that have set net-zero targets covering Scope 1,2 and 3 emissions.

Carbon Removal Canada is launching an interactive dashboard to provide a detailed landscape of Canada’s CDR industry. It is seeking data submissions from market participants and the first iteration of data collection closes on March 31, 2025.

Artio launched a data-driven insurance product for early-stage carbon removal projects, backed by Tokio Marine HCC International, Markel, and Apollo, mitigating risks to accelerate market growth and boost high-integrity CDR credit supply.

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Projects

[Image source: Skytree]

Skytree, Return Carbon, and EDF Renewables partnered to develop a new 500,000-tonne/year DAC facility in Texas, integrating renewable power and geological storage for cost-competitive carbon removal credits.

Energy and chemical company Aramco launched Saudi Arabia’s first DAC testing unit in collaboration with Siemens Energy. The pilot plant is designed to advance DAC technology and remove 12 tonnes of CO₂ annually.

Clairity Technology’s Project Juniper in Southern Nevada has become the world’s first integrated DAC and ex-situ mineralization plant, successfully capturing CO₂ and storing it in carbonated material for over 1,000 years.

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Financing

[Image source: Wren]

Subscription-based carbon offset and accounting company Wren announced an investment in Pacific Biochar. Through this investment, it aims to help Pacific Biochar remove 4 times more CO₂ by 2026.

Direct Ocean Removal company BlueShift secured $ 2.1 million in pre-seed funding that will help build its pilot facility in Boston. The round saw participation from ConocoPhillips Company, Ridgeline, and the Massachusetts Clean Energy Center (MassCEC).

Brineworks received €1.8 million in grant funding from the European Innovation Council (EIC) Accelerator to scale its Direct Ocean Removal technology, turning seawater into a scalable feedstock for e-fuels and enabling deep decarbonization.

The Institute for Responsible Carbon Removal received grant funding from the Alfred P. Sloan Foundation to advance research on a new approach to community engagement on marine CDR technologies.

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: SBTi]

The Science Based Targets initiative (SBTi) released a draft version of the Corporate Net Zero Standard V2 for public consultation, providing options for companies to incorporate CDR to net zero targets, limited to Scope 1 emissions.

Isometric launched Certify, a new tool that streamlines the verification process for CDR suppliers to help them generate credits faster and scale commercialization.

The Carbon Data Open Protocol was launched, co-chaired by The Global Carbon Market Utility (GCMU), S&P Global Commodity Insights, RMI, and Sylvera. It brings together 30+ organizations, including CDR.fyi, to standardize carbon market data, enhancing transparency, efficiency, and integrity in emissions reduction and credit verification.

Biomass direct storage company Graphyte announced that its Loblolly Project was awarded a ‘AA’ rating by BeZero Carbon. It is also the first biomass CDR-based method to be assigned the rating.

Takachar received its first-ever certification by Puro.earth for biochar-based CDR credits from its facility in the US. It also aims to get its India and Kenya-based facilities certified while putting up its credits on the Puro registry.

The Institute for Responsible Carbon Removal and the National Wildlife Federation (NWF) launched the Carbon Removal Justice Fellows Program, focusing on environmental justice considerations and concerns in the sector.

Poll of the week

In our latest poll, we're eager to hear from you: How effective will the revised SBTi guideline be in driving CDR demand?

• Very effective
• Somewhat effective
• Not effective
• Too early to tell

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

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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.