CREW Carbon, a company focused on removing CO2 from wastewater, has secured funding led by Counteract to expand its operations and deploy its technology at additional treatment plants. Their enhanced weathering approach utilizes minerals to treat wastewater and store CO2 permanently, offering a cost-effective and scalable solution for carbon removal.
Planetary Technologies, a leader in ocean-based climate solutions, has successfully raised $11.35 million USD in Series A funding. This investment will fuel their mission to enhance the ocean’s natural carbon removal abilities, contributing to a healthier planet. The funding round, led by Evok Innovations, includes participation from BDC Capital, Amplify Capital, DNX Ventures, and Iconiq Capital, highlighting the growing interest in sustainable ocean-based climate solutions.
Elimini, a new US-based company, has launched at Climate Week NYC with ambitious goals to remove carbon from the atmosphere and generate renewable energy through bioenergy with carbon capture and storage (BECCS). They have secured major partnerships, investments, and research collaborations to accelerate the development and deployment of BECCS technology globally.
Chestnut Carbon, a leading developer of nature-based carbon removal solutions, has expanded its Chestnut Restoration Project into Texas, marking its fifth state. This acquisition brings Chestnut’s total landholdings to over 30,000 acres, furthering its commitment to transforming unproductive land into biodiverse, native forests.
British Airways has made a significant investment of over £9 million in carbon removal projects, both in the UK and internationally, demonstrating its commitment to climate action and reaching net zero emissions by 2050. The airline is supporting innovative projects like capturing CO2 from whisky distilleries and transforming it into sustainable building materials, as well as investing in reforestation efforts and partnerships with leading carbon removal companies like CUR8 and Climeworks.
CarbiCrete, a leader in decarbonized concrete, has partnered with Canal Block, a masonry producer in Ontario, to produce cement-free concrete blocks starting in 2025. This collaboration will bring CarbiCrete’s innovative technology, which eliminates cement-related emissions and removes carbon dioxide from the atmosphere, to a new market, contributing to a more sustainable construction industry.
Invert and The Earth Lab have successfully issued the first Climate Reserve Tonnes from their Improved Forest Management (IFM) projects in the Yucatan Peninsula, marking a significant step in their fight against climate change. These projects, which focus on preserving and enhancing forest carbon stocks through sustainable management practices, have been verified under the Climate Action Reserve’s Mexico Forest Protocol. The projects not only contribute to carbon reduction but also promote biodiversity, support local communities, and provide economic benefits through carbon revenue sharing.
