June 12, 2024

Introducing the New Methods Classification at CDR.fyi

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At CDR.fyi, we are committed to bringing transparency to the carbon dioxide removal (CDR) ecosystem. Our mission to accelerate durable carbon removal worldwide hinges on clear, consistent information and standards. In light of this, we’re excited to announce an update to our methods classification system.

Why This Update?

The evolution of CDR technologies and methodologies necessitates a refined classification system that reflects the current state of the industry. By updating our classifications, we aim to provide higher-quality data and more understandable insights for our users. This, in turn, will simplify the information on our platforms, enhance market transparency, and enable more informed decision-making.

What’s New?

Our new classification system is designed to cover durable carbon removal methods comprehensively. Additionally, we have introduced a new “Storage Method'' classification to further enhance the granularity and precision of our data. Below are the lists of methods associated with organizations and transactions on our platform.

How Will This Be Used?

The updated classification will be used across our platform for transaction tracking, leaderboards, market updates, and map filtering. This will ensure that our data remains accurate and our insights relevant as we continue to expand our data platform to cover more information about the durable carbon removal industry.

Our partners can already use the updated methods when adding or updating orders in the CDR.fyi portal. If you’re a CDR actor and want access to our portal, you can sign up here.

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We extend our heartfelt thanks to the individuals and organizations that contributed their invaluable insights during the review process. Special thanks go to Anu Khan, Carson Fong, Charlie Renzoni, Chris Sherwood, Christopher Knop, Jason Grillo, Jérémie Paul, Joanna Klitzke, Nicolas Sdez, Nikhil Neelakantan, Sam Hope, Sebastian Manhart, Timothy Bushman, Toby Bryce, and Zeke Hausfather. Your feedback has been instrumental in shaping this update. 🙏🏻

Our internal CDR.fyi team, led by Quentin Servais Laval and including Nadine Walsh, Robert Hoglund, Tank Chen, and Alex Rink, also deserves special recognition.

Resources and Inspiration

The updated classification draws from a rich pool of resources that have guided our understanding and approach. We would like to acknowledge the IPCC AR6 Report, the State of CDR Report, the BCG Report, the CDR Primer, Carbonplan, the McKinsey Report, and the RMI Applied Innovation Roadmap. These publications provided foundational insights and inspiration that were critical in developing our new classification system, along with several other resources not listed here.

We believe this new classification system will help simplify the complex landscape of CDR methods, facilitate transparency and lower the barriers to stakeholder engagement.

If you have any comments or suggestions, please do not hesitate to contact us at team@cdr.fyi.

Thank you in advance for your engagement and input. Together, we can take significant steps toward a more transparent and efficient CDR market.