January 10, 2025

This Week in CDR - Week 2, 2025

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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.

As we march on with 2025, and after a fairly slow few weeks, the durable CDR industry has seen significant progress in week 2. This week marked the delivery of the world’s first independently verified Enhanced Weathering credits, along with two major CDR projects in the U.S. and Canada advancing toward 100% renewable energy operations.

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

Calling all durable CDR market participants!
Data updates for the CDR.fyi 2024 Year in Review are closing today, January 10.
Complete your data updates via our Portal to accurately reflect your market activity. Reach out at team@cdr.fyi or sign up here, in case you haven’t started
.

Deals and Partnerships

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  • [Image source: InPlanet]

Deals

Germany and Brazil-based InPlanet delivered 235.53 tonnes of CDR to Adyen, marking the first independently verified Enhanced Weathering credits. The deal was facilitated by ClimeFi and the credits were verified by Isometric.

Partnerships

UK-based renewable energy company Low Carbon signed a 10-year Power Purchase Agreement (PPA) with Canadian CDR project developer Deep Sky. The agreement will supply 10 GWh annually to power Deep Sky’s Alberta facility, Deep Sky Alpha, ensuring 100% renewable energy for its operations.

Carbon Direct and Sumitomo Corporation partnered to develop a portfolio of over 500,000 tonnes per year of durable CDR projects, including BECCS, BiCRS, and DACCS, for Japanese and global markets.

In partnership with UNDO Carbon, computer hardware manufacturer Raspberry Pi has launched Raspberry Pi Carbon Removal Credits, allowing customers to add $4 to support the removal of 6.5kg of CO₂ with each purchase.

Financing

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[Image source: 1PointFive]

Policy and Research

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[Image source: Leandro Paes Leme, Pexels]

A new bill “Removing and Sequestering Carbon Unleashed in the Environment and Oceans Act (ReSCUE Oceans Act)” was recently presented by a group of US Congress members to accelerate the research and development of mCDR in the United States.

Opportunities for Suppliers!
Help shape CDR.fyi! Email us at partners@cdr.fyi to provide feedback on CDR.fyi's new Supplier pages and pricing tables.
If you are a Supplier based in California and are open to virtual or in-person tours with policymakers, please email us at team@cdr.fyi.

Reports

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[Image source: Carbon Dioxide Removal Mission]

Carbon Dioxide Removal Mission published a report reviewing the current state of national CDR policies and their development in measurement (monitoring), reporting, and verification (MRV) methodologies across the spectrum of technologies.

2025 CDR Market Survey - Closing Soon!

Earlier last month, we launched the 2025 CDR Market Survey developed in partnership Sylvera to uncover key trends in market expectations in durable CDR across supply and demand for 2025 and beyond. We will publish the results in in early February. Upon request, we are extending the deadline for participation until January 17, 2025.

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For a complimentary copy of the full report containing detailed insights, please complete the survey if you are a Purchaser or Supplier responsible for buying or selling durable CDR. Market Intermediaries such as Marketplaces, Brokers, and Resellers are encouraged to complete both surveys.

If you have any questions or comments about the survey, please email us at team@cdr.fyi.

Call for Data - CDR.fyi 2024 Year in Review

We’re excited to announce that we will be releasing the CDR.fyi 2024 Year in Review soon, the submissions for which are closing today, January 10.

The CDR.fyi Year in Review is the definitive report of the state of the durable carbon removal market, used by press, policymakers, investors and the CDR ecosystem to benchmark our progress, identify key trends & bottlenecks to scaling durable CDR.

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We request all durable CDR market participants to complete their data submissions via our Portal. In case you haven't started with the Portal, please reach out to us at team@cdr.fyi or use the link here to sign up as a Portal member.

CDR.fyi Updates and Research

  • Custom Insights from CDR.fyi
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  • Earlier this week, we released Custom Reports, a new offering introducing custom reports for those in need of tailored, in-depth analysis and insights about the durable CDR market.
  • Through the new offering, we bring together information points from our different databases together with our custom insights to help you make informed decisions.

Custom Reports includes data coverage such as:

  • Specific data on durable CDR transactions
  • Custom insights and analysis based on our surveys
  • Equity investment insights
  • Quick turnaround for your needsDeals and Partnerships

To get a quote, send an email detailing your request to team@cdr.fyi to get started.

Premium portal users can use the CDR.fyi portal data to draw their own insights based on transaction data.

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  • Join over 700 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.