Altitude Reaches 1 Million Tonnes CDR Financed — With Bolivia
There’s a number the CDR market has been building toward for years. This week, it arrived. Altitude Carbon has become the world’s first commercial CDR buyer to cross 1 million tonnes of carbon dioxide removal financed. The deal that pushed them over the line: a partnership with Empacar S.A. of Bolivia for over 305,000 tonnes of biochar carbon removal credits (CORCs) — on top of the 360,000+ tonnes Altitude had already financed in Southeast Asia and elsewhere. ...