This Week in CDR - Week 3, 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 third week of 2025 saw significant momentum in the durable CDR market, with deals announced for 400,000 tonnes of CDR, which included the two largest deals in biochar carbon removal and the largest mCDR deal to date.

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

What will 2025 look like for durable CDR?
Take the 2025 CDR Market Survey to uncover key trends in supply and demand!
Closing soon!

Deals and Partnerships

[Image source: Gigablue]

Deals

Marine carbon dioxide removal (mCDR) company Gigablue announced the sale of 200,000 tonnes of CDR to sustainable aviation firm SkiesFifty, in what is the largest mCDR deal recorded to date. The tonnes will be delivered over a period of 4 years.

Google signed offtake agreements to purchase 100,000 tonnes each from US-based Charm Industrial and Indian carbon project developer Varaha, marking its first foray into biochar carbon removal.

Indian enhanced weathering company Mati Carbon announced the delivery of 420 tonnes of CDR to Frontier Buyers marking the largest delivery of durable CDR credits by a supplier from the Global South. 

Partnerships

Carbon credit management and investment firm Rubicon Carbon partnered with Enhanced Weathering company Terradot to purchase CDR credits for its clients through its diversified portfolios - Rubicon Carbon Tonnes®.

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Financing

Carbon ratings agency BeZero Carbon closed a Series C funding round of $32 million, led by investment firm GenZero. The round also saw participation from Japan Airlines, Translink Innovation Fund, and EDF Pulse Ventures, amongst others.

UK-based CDR company Origen raised $13 million in its Series A round to scale its limestone-based DAC technology. The round, led by Barclays Climate Ventures, also saw participation from Shell Ventures, Exascale Fund, Elemental Impact, and Hatch.

The Swiss Federal Office of Energy (BFE) announced a funding call for 100 million Swiss francs for CDR, CCS, and storage projects under the new Climate and Innovation Act (KIG). The pre-proposal deadline for projects to apply is April 25, 2025.

The Africa Carbon Removal Accelerator (ACRA) was recently launched by sus.lab | ETH, Net Zero Lab, Strathmore University, Nuvoni Centre for Innovation Research, and remove, to support CDR startups in sub-Saharan Africa.

Policy and Research

[Image source: Mangrove Systems]

Building upon its partnership with Carbon Standards International, MRV provider Mangrove Systems was endorsed as the first dMRV Provider for the Global Biochar C-Sink standard.

CDR crediting platform Puro.earth launched a new methodology for public review, which focuses on depositing sustainable biomass into permanently oxygen-depleted (anoxic) ocean basins where natural seafloor conditions allow for durable CO₂ storage

Opportunities for Suppliers!
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Reports

[Image source: U.S. Department of Energy]

The U.S. Department of Energy (DOE) released a report analyzing DAC technologies, required deployment levels, DOE support, and a comprehensive list of companies working on it. The DOE also published a new draft report highlighting future research and deployment needs for CDR, assessing current and emerging approaches, and providing insights into potential advancements.

Rhodium Group published a report exploring economic opportunities that could be introduced by scaling durable CDR in the US. One of the findings suggests that the sector could generate up to 130,000 jobs a year in the US.

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 early February. Upon request, we are extending the deadline for participation in the survey.

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.

Poll of the week

In our latest poll, we're eager to hear from you: Which upcoming CDR.fyipublication are you most excited about for 2025?

• CDR.fyi & OPIS Durable CDR Pricing Survey Report
• CDR.fyi 2024 Year in Review
• 2025 CDR Market Survey Report by CDR.fyi and Sylvera
• 2024 Investment Landscape in CDR

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.