CDI Portfolio

Kenya-based direct air capture company Octavia Carbon just locked in a new offtake agreement, facilitated by Carbon Direct. It’s the latest signal that demand for DAC credits from the Global South is real — and growing. Octavia’s Hummingbird pilot in the Kenyan Rift Valley has been running 24/5 since October 2025. Their Gen 2 system captures atmospheric CO₂ and stores it permanently underground through a partnership with carbon mineralization company Cella. They recently activated a cryogenic tank for liquid CO₂ storage — a meaningful technical milestone for any DAC operation, let alone one running in East Africa. ...

Boeing just signed one of the aviation sector’s largest carbon removal procurements ever: at least 40,000 tonnes of durable CDR through Carbonfuture, sourced from four biochar projects across the Global South. Full disclosure: Carbonfuture is a Carbon Drawdown Initiative portfolio company. We’ve been tracking their progress closely, and this deal validates exactly the kind of infrastructure the CDR market needs. Why This Matters Aviation is one of the hardest sectors to decarbonize. Planes can’t run on batteries (not yet, anyway), and sustainable aviation fuels are still scaling up. So for residual emissions — particularly Scope 3 business travel — durable carbon removal is the only honest answer. ...

Climeworks, one of the Carbon Drawdown Initiative’s portfolio companies, has established new headquarters in Calgary, Alberta. Why Calgary Alberta offers something few other jurisdictions can match: deep expertise in carbon management, established subsurface storage infrastructure, and a supportive regulatory environment for carbon capture projects. Calgary’s Energy Transition Centre (ETC) — where Climeworks is setting up — brings startups, researchers, investors, and industry leaders under one roof. It’s a deliberate choice. Alberta has decades of experience managing CO₂ underground, originally for enhanced oil recovery but increasingly for permanent geological storage. ...