Super excited to make this announcement!
We originally said we'd do it back in February. It took a little while longer to bring everything together but it's all there now! We're very happy with the mix and thinking behind (& it can only get better from here).
It's a hand-picked, science-backed and ready-made portfolio of high quality carbon dioxide removal* solutions (CDR for short).
We've blended solutions across nature-based, tech-enabled & full tech carbon removal. This means we can invest in a broad range of CDR, inc carbon capturing nature-enhancing projects too.
Why make this?
As individuals or smaller organizations, it’s quite difficult to buy high quality carbon removal at an affordable price. Or to know what you should invest in.
We like the idea of giving access to high quality CDR and preservation projects to more people. In a simple way. It feels right. It feels good. It's something we wish existed.
That, and for net zero*, we need to grow the carbon removal and management industry by about 40% every year to 2050 (& beyond). This would give us enough capacity to remove somewhere between 5 to 10 billion tonnes of emissions each year by then (what the science says we need to aim for).
There's a long way to go and no time to waste!
Here's what's in Fund-1 👇
We’ve called it a “fund”, but it’s more like pooling together to buy the most high quality carbon removal we can.
We measure quality by a mix of permanence, additionality, co-benefits, verification and vintage (when it’ll be removed). We then consider the cost per tonne & if it makes sense.
You can buy a regular subscription or a one-time chunk, all at a sensible + appropriate cost per tonne that reflects the real cost of removing the CO2.
Ready to go deeper?
Fantastic, we'd love you to dig into it more!
We've put loads of new information on our site about it: why we need it, how it's different to offsetting*, why we like this approach and the projects we're excited about.
Drop by our Carbon Removal space and have an explore!
If this is all a jumble of words to you, no worries, we've a free course about CDR:
You can start every Monday and everyone is invited to this party!
Have hope, make progress 💚
For explanations of all the terms in italics with asterisks* check out our Climate Buzzword Dictionary
Our ready-made, curated, portfolio of high quality carbon dioxide removal (CDR) solutions is live. It aims for the highest permanence-for-the-$-per-tonne that we can find.
We're excited to be working with an inspiring group of global CDR companies taking the fight to the Climate Crisis. They're doing amazing work that holds a tonne - pun intended - of promise.