The collaboration aims to expedite the scaling of durable carbon dioxide removal or CDR. Carbonfuture, in conjunction with Puro.earth, will augment its portfolio of third-party CDR standards by incorporating Puro.earth-certified projects into Carbonfuture MRV+ and the Carbonfuture Marketplace.
In reciprocation, the alliance will grant Puro-certified suppliers entry to the largest carbon removal marketplace, enabling them to vend their authenticated, premium carbon removal credits. These credits, verified by Puro.earth and aligned with the meticulous Puro Standard for engineered carbon removal, underscore their adherence to robust, science-based quantification methodologies.
The different engineered carbon removal approaches include biochar, enhanced rock weathering, direct air capture (DAC), and more. The ensuing Puro Registry issues CORCs (CO2 Removal Certificates), facilitating comprehensive tracking from issuance to retirement. This transparency significantly enhances purchaser confidence, particularly as the Puro Standard enjoys the distinction of being the first endorsed by the International Carbon Reduction and Offset Alliance (ICROA) for durable carbon removal.
“We are excited to partner with Puro.earth to advance the scale of durable carbon removal. Integrating the Puro Standard and Registry with Carbonfuture MRV+ and Carbonfuture Marketplace will empower CDR suppliers to seamlessly navigate the certification process and expand market access, while providing buyers with the assurance to confidently purchase carbon removal credits,” said Hannes Junginger-Gestrich, CEO of Carbonfuture.
The partnership is a testament to the importance of collaboration across the CDR ecosystem in the name of quickly scaling carbon removal efforts.