This Week in CDR - Week 7, 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 saw key developments in durable CDR, including SIX’s long-term deal with Carbonfuture, along with major funding for Mast Reforestation and ReCarber, while the SBTi set up a working group to introduce interim removal targets into its Corporate Net-Zero Standard.

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

How did durable CDR fare in 2024?
Explore insights from the CDR.fyi 2024 Year in Review, in which we analyze the major trends in the durable carbon removal market

Deals and Partnerships

[Image source: Carbonfuture]

Deals

Swiss financial services company SIX signed a multi-year agreement with Carbonfuture to secure a diversified portfolio of durable CDR credits, supporting methods that include DACCS and Biochar Carbon Removal.

Partnerships

Renewable and circular polymer materials company Avantium entered into an agreement to deliver an advanced high-throughput adsorption testing unit to Climeworks to accelerate their direct air capture (DAC) carbon removal technology.

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Financing

[Image source: Mast Reforestation]

Leading post-wildfire reforestation company Mast Reforestation raised $25 million in Series B funding to scale its expansion to Biomass Direct Storage. The round was co-led by Pulse Fund and Social Capital.Disclaimer: CDR.fyi Co-founder Robert Höglund has a financial interest in Milkywire as Manager of Climate Transformation Fund

Stockholm-based project developer ReCarber, which focuses on BECCS (bioenergy with carbon capture and storage) raised €5.1million in its first funding round, led by Luminar Ventures, Spintop Ventures, and Course Corrected.

CarbonZero.Eco, a Los Altos-based ag-tech company empowering carbon removal through biochar, emerged from stealth and raised $3.5 million in seed funding to expand operations, enhance soil quality, and scale biochar production.

Sweden-based environmental impact platform Milkywire released its CDR purchasing strategy outlining its approach to catalyzing growth for the CDR ecosystem across different methods and stages.
*Disclaimer: CDR.fyi Co-founder Robert Höglund has a financial interest in Milkywire as Manager of the Milkywire Climate Transformation Fund

Airminers announced the graduation of its 14th batch of startups from the Launchpad accelerator, a 6-week program for early-stage CDR startups, developed in partnership with XPRIZE and Creative Destruction Lab.

Climate non-profit Third Derivative announced the graduation of its new cohort of startups that includes CDR companies such as Airhive, Capture6, Cella, Greenlyte, RepAir Carbon Capture, Rewind, and Travertine.

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: Science Based Targets initiative]

The Science Based Targets initiative (SBTi) launched five expert working groups to refine the Corporate Net Zero Standard, with interim carbon removal targets as one of the key areas of focus.

Isometric certified a new module ”Biochar Storage in Low Oxygen Burial Environments Module” for low-oxygen landfill environments, under which credits will be issued with 1,000-year durability following a 30-day public consultation period.

Opportunities for Suppliers!
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CDR.fyi Updates and Research

• A Global View of CDR - Insights from the Carbon Removal Map

Earlier this week, we published an article sharing new analyses that highlight some key insights based on the on a snapshot of where carbon removal organizations are located, how they’re categorized, and which regions are seeing the most activity.

The insights are based on the CDR.fyi Carbon Removal Map that encompasses 563 organizations from 49+ countries and 6 continents.

Poll of the week

In our latest poll, we're eager to hear from you: How effective will the SBTi’s interim carbon removal targets be for the durable CDR market?

• Extremely effective
• Very effective
• Somewhat effective
• Not effective

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.