CDR Monthly Recap - August 2025

We are back with another edition of the CDR Monthly Recap, a monthly round-up of some of the top news, developments, and market updates from the world of durable carbon removal.

After a huge July that saw over 8 million tonnes of CDR contracted, August was relatively slow with just over 193,000 tonnes contracted, led by deals involving Frontier Buyers, Planetary, Altitude, Greenglow, Bio-Logical, and Rubicon Carbon.

New projects, partnerships, and large funding opportunities, as well as announcements, continue to drive momentum for the industry ahead, alongside various events in the field.

Read on to learn more below!

Help shape solutions for CDR financing
Participate in the CDR Carbon Finance Pulse Survey, developed in partnership with Planet2050 as we aim to identify financing scaling challenges of durable CDR suppliers and project developers.

Deals and Partnerships

[Image source: Frontier]

Deals

Canadian Alkalinity Enhancement company Planetary signed an offtake agreement with Frontier Buyers for 115,211 tonnes in a deal worth $31.3 million. With this deal, Planetary will expand its operations, building upon its pilot project.

Altitude signed an agreement to purchase 50,000 tonnes of CDR from biochar facilities in Southeast Asia (SEA) operated by Greenglow, a project developer in the SEA region with a focus on scaling biochar carbon removal.

Exomad Green sold 25,000 tonnes of biochar CDR via Supercritical, in what is the largest biochar spot deal to date. Earlier this year, Supercritical became Exomad Green’s exclusive distribution partner for its 2025 spot credits.

Kenya-based biochar developer Bio-Logical signed an offtake agreement with Rubicon Carbon for 15,000 tonnes of CDR. The tonnes will be delivered by the end of 2027 from Bio-Logical’s first operating facility near Mt. Kenya.

Partnerships

Swiss International Air Lines (SWISS) signed a multi-year deal with neustark to remove CO₂ by 2030 and scale mineralization-based CDR across Europe. SWISS has also become neustark’s first partner company from the aviation industry.

Carbon Business Council and World Ocean Council launched the Marine Carbon Dioxide Removal Coalition (mCDR Coalition), uniting companies, nonprofits, and academics to coordinate research, policy engagement, and governance in the field.

Biochar Life partnered with Corus International’s Indonesia team to scale biochar production, building local capacity to convert agricultural residues into biochar and deliver high-quality carbon removal credits for Southeast Asian and global customers.

Everest Carbon partnered with Inplanet to deploy its MRV sensors as part of InPlanet’s delivery of enhanced weathering credits to Sweden-based environmental impact platform Milkywire.*Disclaimer: CDR.fyi Co-founder Robert Höglund serves as Manager of the Milkywire Climate Transformation Fund

The Carbon Business Council launched a new model to support method-specific communities within its coalition, aiming to bring closer coordination, unlock learning, spur innovation, and build public understanding of CDR.*Disclaimer: CDR.fyi Co-founder Tank Chen serves as Ecosystem Fellow at the Carbon Business Council.

Want to know more about durable CDR?
Join over 1,000 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!

Projects

[Image source: Deep Sky]

Deep Sky’s Alpha facility in Innisfail, Alberta, began operations, marking North America’s first-ever sequestration of CO₂ via direct air capture. The site hosts multiple DAC units to accelerate optimization and scale.

Occidental announced that its STRATOS Direct Air Capture (DAC) facility, the world’s largest, is 94% complete and set to launch by the end of 2025, aiming to capture 500,000 tonnes of CO₂ annually for permanent storage.

Mission Zero activated its third DAC system at Deep Sky Alpha, Alberta, capable of capturing up to 250 tCO₂ annually for permanent storage. The solar-powered electrochemical unit marks the company’s first international deployment.

Graphyte announced plans to triple the capacity at its Arkansas facility from 14,000 to 45,000 tCO₂ annually after sequestering ~5,000 tonnes to date. Additional British Columbia and Arizona sites are also planned to meet rising demand.

Evero was selected by the UK government to enter negotiations to transform its Evero Ince biomass plant to become the UK’s first BECCS facility, aiming to remove 217,000 tonnes of CO₂ annually while generating clean energy.

Carbon Lock Tech proposed a $5 million pilot waste-to-biochar facility in Ritchot, Manitoba in Canada, converting organics into stable biocarbon pellets via patented pyrolysis, diverting landfill waste, and generating biochar and carbon credits.

Oakland, California-based DAC company Noya announced that it is ceasing operations 5 years after its launch. The company had previously raised an $11M Series A round in 2023 to scale up sorbent manufacturing for its technology.

Get Custom Reports from CDR.fyi
Get custom reports with data coverage across specific data on durable CDR transactions, insights and analysis from our surveys, and insights on equity investments. Email team@cdr.fyi to get started.

Financing

[Image source: Equatic]

Direct Ocean Removal company Equatic raised $11.6 million in Series A funding led by C3H and Kibo Invest to advance engineering of its 100-kilotonne CDR facility and accelerate commercialization and technology development.

Full-stack biochar platform Terraton raised $11.5 million in seed funding to scale biochar carbon removal in emerging markets. The investment round was co-led by Lowercarbon Capital and Gigascale Capital.

Ottawa-based Terrafixing secured CAD 2.5 million from Canada’s Energy Innovation Program (EIP) to scale cold-climate DAC technology using zeolite beds and achieve costs below $100 per tonne of CO₂ at a large scale.

Carbonfuture published a toolkit to help sustainability leaders integrate durable CDR into budgets, aligning climate goals with business strategy, risk management, and long-term value through verified, traceable carbon removal.

Research hub CO₂RE opened applications for CDR startups in the UK to pitch as well as participate in its upcoming accelerator program, which is supported by partner organizations Innovate UK and Undaunted.

The International Airlines Group (IAG) announced a new cohort that is part of its 2025 accelerator program, welcoming 29 climate tech startups, including four focused on CDR - Airhive, Kairos Carbon, Mission Zero, and neo-fossil.

Pricing Mismatch 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

[Image source: Carbon Balance Institute]

Carbon Balance Initiative and CO₂RE published the findings of a survey of 2,110 UK adults, which points towards strong public preferences for compliance-based CDR policies and producer responsibility.

The UK government backed HyNet’s carbon capture cluster (including the country’s first BECCS facility), creating 2,800 skilled jobs across Wales and Northwest England, with new projects powering homes and storing millions of tonnes of CO₂.

Research and Reports

[Image source: Cascade Climate]

Cascade Climate launched the Weathering Potential Explorer, a global tool that helps researchers, project developers, and policymakers test hypotheses and identify croplands for enhanced rock weathering potential.

Charm Industrial received the first Core Carbon Principles (CCP)-labeled biochar CDR credits from Isometric. This comes after biochar was recently approved as a CCP-label methodology by the Integrity Council for the Voluntary Carbon Market (ICVCM).

The Integrity Council for the Voluntary Carbon Market (ICVCM) approved three biochar and two forest management methodologies to use its Core Carbon Principles label, an indicator of high-quality carbon credits.

Isometric certified the Biochar Storage in Built Materials Module, which details MRV requirements for crediting durable storage of biochar embedded in concrete, asphalt, and other construction products, following a public consultation.

Meta, in collaboration with Georgia Institute of Technology and CuspAI, released the Open DAC 2025 (ODAC25) dataset, comprising nearly 70 million new data points on DAC sorbents, to help identify efficient materials in the technology.

Puro.earth released a new report analyzing the biochar market’s growth, performance, and evolving dynamics from its early adoption stages through June 2025. The key finding states that biochar CORCs account for 43% of durable CDR deliveries to date.

Natural Resources Canada issued a Request for Proposal seeking a qualified contractor for a regulatory analysis report on mCDR technologies, covering environmental feasibility and a review of Canadian regulatory and policy frameworks.

Exomad Green announced that its Riberalta biochar facility received a BeZero Carbon AA rating, signaling high credit quality and robust permanence, as the company scales Bolivia-based biochar carbon removal production.

The International Air Transport Association (IATA) published a new report outlining the critical role of CDR in aviation’s net-zero goals, highlighting market challenges, policy frameworks, and opportunities for airlines to engage in the CDR market.

DG CLIMA (EU), Ramboll Management Consulting, and Ecologic Institute published 3 reports exploring the design of an EU-wide purchasing programme for durable CDR and presenting current funding needs.

Frontier released a new primer offering a clear, non-technical overview - covering the underlying chemistry, durability, MRV complexities, and why buyers are starting to take Alkalinity Enhancement in oceans seriously.

Carbon to Sea, National Oceanic and Atmospheric Administration (NOAA), Submarine Scientific and 100 ocean researchers released the Data Management Protocol to prepare, document and share data from field research in alkalinity enhancement.

The UK government released the Greenhouse Gas Removal (GGR) Business Model, a framework to unlock private investment in GGRs by providing revenue stability and appropriate risk-sharing under a private law contract.

Isometric certified its GHG Accounting Module after public consultation, creating a universal framework across methods to ensure transparency, credibility, and consistency in carbon market methodologies.

Leaderboard Updates - August 2025

Just over 193,000 tonnes of durable CDR were purchased in August, after a huge July that saw around 8.1 million tonnes contracted.

Listed below are the August leaderboards for top suppliers and purchasers:

Supplier Leaderboard

Purchaser Leaderboard

Events Round-up - August 2025

[Image source: Ocean Science Trust]

The Ocean Science Trust held a webinar discussing the role of trust infrastructure in the mCDR sector. Panelists represented a number of organisations across nonprofits, registries, and verification bodies.

The International Biochar Initiative hosted a webinar spotlighting the strategic role of Biochar Carbon Removal (BCR) in addressing climate, agronomic, and commercial challenges across global agricultural value chains.

Carbon Gap and Nordic Carbon Removal Association (NCRA) held an event in Arendal, Norway, bringing together decision-makers, business, and civil society to discuss CDR’s economic opportunity for Norway and Europe.

Decarb Connect and Wood Mackenzie held a webinar exploring future risks and opportunities in the CCUS, carbon offset, and removal sectors.

Check out the CDR Events Calendar to stay updated with upcoming CDR events!

Stay connected

We'd love to hear from you! Reach out to us anytime with suggestions or comments at team@cdr.fyi.

Disclosure

CDR.fyi is a public benefit corporation operating globally. The company has numerous contributors, some of whom have affiliations with companies in the industry, including Milkywire, Charm Industrial, CDRJobs, DVNE and ETH. Data and content published by CDR.fyi, including This Week in CDR, this Monthly Update, and our Quarterly Market Updates, are vetted and reviewed by CDR.fyi representatives with no conflict of interest.

Join over 1,000 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!