The German-Brazilian-based company InPlanet raised € 1.2 Mio from the Impact Investors Carbon Removal Partners, Übermorgen Ventures, Trellis Road, Katapult VC, and Carbon Drawdown Initiative to build a scalable solution for Carbon Removal through Enhanced Rock Weathering in the tropics.
press release by Aker Carbon Capture
The Norwegian company Aker Carbon Capture has signed a Letter of Intent for the delivery of two Just Catch units for an undisclosed European customer. Both units will be part of a project with a capture capacity of 200,000 tonnes CO2 per year. The final investment decision is expected in the second quarter of 2023.
The Global Carbon Removal Partnership is a multi-stakeholder initiative led by the Global South focused on responsible carbon removal. The Partnership’s mission is to catalyze a global effort to accelerate deployment of urgently-needed solutions at scale. Now, there is an unprecedented opportunity to mobilize a broad range of global stakeholders in support of the rapid scale-up of carbon removal actions. Through this global partnership, they will mobilize bold and transformative action to ensure the survival and flourishing of humanity.
During the COP27, an accounting platform was launched for nature-based removal credits to return CO2 from the atmosphere back to earth’s surface. The ONCRA platform (Open Natural Carbon Removal Accounting) was developed by the non-profit Climate Cleanup in collaboration with financial
parties, NGOs and regional governments. ONCRA offers a platform for scientific innovations with natural solutions for the climate crisis. Innovators offering removal credits include BambooLogic, The Seaweed Company, Scave and greenSand. Companies wanting to remove unavoidable emissions are invited to inform themselves about these proven methods and obtain removal credits. The platform enables tens of thousands of smaller entrepreneurs, farmers and builders worldwide to collectively remove CO2 and thus contribute to reversing global warming. By 2030, the platform aims to have removed at least one gigaton of CO2.
….is a multidisciplinary organization involving the University of Michigan community in educational opportunities within the field of carbon removal, such as seminars, technical projects, professional development, and community outreach. The association incorporates students from all different majors, including engineering, business, climate and sustainability, art and design, and public policy, and have the flexibility to expand into different departments based on the interest and expertise of their members.
„Company Silicate will utilize returned concrete to remove CO2 from the atmosphere. The startup based in Ireland is on a mission to durably and safely remove 1 billion tonnes of carbon dioxide from the atmosphere by 2040 through enhanced weathering. Maurice Bryson of Silicate and Professor Frank McDermott of University College Dublin decided to employ their collective experience in geochemistry, agriculture and carbon finance to deliver a robust, science-based, and permanent carbon removal solution to help maintain a habitable planet.“
…will engage with a global set of stakeholders and institutions to connect those with the capacity for generating new science and engineering knowledge to those with capacity to develop and test innovations and solutions. Among the challenges targeted are ocean-based solutions that will:
- Mitigate and reverse the effects of climate change
- Enhance food security from oceans
- Build the climate resilience of marine ecosystems and coastal communities
by University of Antwerp on uantwerpen.be
A European research consortium investigates whether a low-energy solution for carbon capture can be designed using an ooze of rocks, fungi, bacteria and earthworms. „Can we use the power of biology to increase the rate of silicate weathering to unmatched levels in a bio-reactor?“ That is the key question addressed in BAM! (Super-Bio-Accelerated Mineral weathering), a project funded by the European Innovation Council through the Pathfinder programme.
What is the potential of biobased negative emission technologies, in short NETs? And what expectations are placed on them? The joint project BioNET analyses these questions and provides a knowledge base for the evaluation of biobased technologies. BioNET aims to compile data for policy makers, agriculture, forestry and science in order to demonstrate the potential of bio-based NETs to stakeholders. The objectives are:
- Provide a transparent and widely accessible database on bio-based NETs,
- new participatory approaches to investigate social and institutional feasibility, and
- Development and holistic assessment of national scenarios for bio-based NETs taking into account the Sustainable Development Goals (SDGs).
Stakeholder organisations in Germany are involved in all phases of the project. In the selected case study regions in the Rhine-Neckar region and in Mecklenburg-Western Pomerania, the BioNET project team is working closely with practice partners from agriculture and forestry as well as with local and regional politics.
…is a Public Benefit Corporation with offices in Berkeley, California, USA and Rotorua, NZ. Capture6 focuses on enhanced approaches to capturing greenhouse gases from the atmosphere (direct air capture). Their innovation is driving down the cost of carbon removal to less than $100 USD per tonne today. Capture6 has developed the SPACERSTM framework to describe their CDR approach, which is based on the „Oxford Principles on Carbon Offsetting“ that calls for moving to CDR that is permanent, irreversible, and with a small physical footprint to not displace or impact local communities.