Canada Assembles Its CDR Dream Team With $100M Coalition
Canada just made one of the boldest institutional moves in CDR to date. BMO, RBC, Shopify, Vancity, ClimeFi, NorthX, and the federal government have joined forces under the new Advance Carbon Removal Coalition, with a target of attracting $100 million in project investments by 2030. The coalition was announced at an Ottawa conference hosted by Carbon Removal Canada. Together, the partners have already contributed $75 million in financing to the CDR industry. ...