This Week in CDR - Week 27, 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 key developments in durable CDR, led by Hafslund Celsio’s 1.1 megatonne offtake agreement with Microsoft, while Climeworks secured $162 million in additional equity funding and remove launched its 8th Europe accelerator program for early-stage CDR startups.

Read on to learn more in the newest edition of This Week in CDR! In case you've missed previous editions, sign up to become a CDR.fyi Portal member to access an extensive newsfeed of updates in durable CDR.

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Deals and Partnerships

[Image source: Hafslund Celsio]

Deals

Hafslund Celsio signed an offtake agreement with Microsoft for 1.1 million tonnes of CDR from its waste-to-energy BECCS project in Norway. The tonnes will be removed from Hafslund’s facility in Oslo over 10 years.

Partnerships

Phlair and Carbon Removal, via its subsidiary NorDAC Kollsnes, partnered to build a DAC and geologic CO₂ storage plant beside Norway’s Northern Lights terminal, initially capable of removing 60,000 tonnes of CO₂ and 500,000 tonnes a year in its second phase.

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Financing

[Image source: Climeworks]

Climeworks secured $162 million in additional equity funding to scale its DAC technology and its CDR portfolio vertical. BigPoint Holding and Partners Group led the investment round, while existing investors also participated.

Planet2050 launched its inaugural Request for Proposals (RFP), offering up to €2 million in upfront financing for tech-based, permanent carbon-removal projects. Applications close on 22 July, 2025 for the first funded cohort.

remove opened applications for its 8-month Europe accelerator, supporting early-stage carbon removal startups with expert coaching, ecosystem access, and up to €15,000 in non-dilutive funding in the second round.

Pricing Perception Gap in Durable CDR
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Policy

[Image source: Carbon Gap]

Carbon Gap launched the Coordinated Allocation of Removal Efforts (CARE) Calculator, a tool that estimates EU and national CDR obligations based on factors such as climate pathways, equality, and biophysical capacities, amongst others.

Research and Reports

[Image source: Isometric]

Isometric opened public consultation on its Biochar Storage in Built Materials Module, detailing 1,000-year MRV requirements for crediting biochar embedded in concrete, asphalt, and other construction products.

Puro.earth’s Advisory Board approved its 2025 Biochar Methodology, adding stricter biomass-sourcing criteria and phased transition deadlines to boost scientific rigour for all future biochar credit certifications.

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Poll of the week

In our latest poll, we're eager to hear from you: How much impact will the EU’s 2040 Climate Target have on durable carbon removal over the next 5-10 years?

• Major boost
• Some momentum
• Very limited
• No impact

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.