Financing Engineered Carbon Removal — Combining Public Funding with Voluntary Carbon Markets
High-durability carbon removal is gathering increasing attention in the national and corporate net-zero plans. Both public and private sectors have recognised the importance of this sector and started mobilising funding to scale it up. The first engineered carbon removal projects that have received substantial public funding have emerged. Some of these projects are looking to stack this support with the proceeds from selling removal credits on the Voluntary Carbon Markets (VCM).