This Week in CDR - Week 15, 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 some huge developments in durable CDR as CO280 and Microsoft signed the largest-ever durable CDR for 3.69 million tonnes.
Occidental and 1PointFive secured the first Class VI EPA permits for DAC storage, while Patch and Varaha announced a multi-million dollar partnership projected to remove over 20 million tonnes of CO₂, while the Philippines launched its first combined biochar-biooil facility.

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

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What is the market sentiment for durable CDR?
Explore findings from the 2025 CDR Market Survey with Sylvera, in which we present the market sentiment and expectations for durable CDR solutions for 2025 and beyond.

Deals and Partnerships

[Image source: CO280]

Deals

CO280 signed an offtake agreement with Microsoft for 3.658 million tonnes of CDR. This is the largest-ever durable CDR deal in record, and as per the agreement, the tonnes will be delivered over 12 years by CO280.

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Projects

[Image source: 1PointFive]

Occidental and 1PointFive secured the first Class VI permits issued by the U.S. Environmental Protection Agency to store CO₂ from DAC at their upcoming Stratos facility in Texas, launching later this year.

Alcom launched the Philippines’ first Combined Heat Power Biochar & BioOil facility via the $45 million Green Transition Investment Program, set to produce 64,000 tonnes of biochar per year, and will sequester 1 million tonnes of CO₂ over the project’s lifetime.

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Financing

[Image source: Getty Images]

Patch and Varaha announced a multi-million dollar financing deal supporting reforestation, regenerative agriculture, and biochar across South Asia, benefiting 100,000 farmers while targeting 20 million+ tonnes CO₂ removal over the next five years.

Grain Ecosystem, which provides decarbonization tools to accelerate CDR projects with a focus on biochar, announced a seed round led by Elevate Ventures, with backing from SNØCAP, SE Ventures, and others.

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: Puro.earth]

Verde, in partnership with Oregon Biochar Solutions, completed a proof-of-concept project at National Center for Asphalt Technology (NCAT), leading to the world’s first biochar CDR credits issued from asphalt applications by Puro.earth.

The OpenAir Collective announced 5 finalists for its 2025 Carbon Removal Challenge, with student teams from 3 countries set to showcase their solutions in New York City this May.

Reports

[Image source: Terraset]

Non-profit climate fund Terraset published its 2024 annual report, highlighting its key initiatives and investments in CDR while committing to adding new CDR methodologies to its portfolio this year.

The International Air Transport Association (IATA) published a paper on CDR technologies currently deployed, their relative costs, technological readiness, and associated co-benefits and risks.

Poll of the week

In our latest poll, we're eager to hear from you: To what extent do you agree that the current CDR market design would benefit from a systematic rethink?

• Strongly agree
• Somewhat agree
• Somewhat disagree
• Strongly disagree

Click here to participate in the poll and share your thoughts in the comments.

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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.