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Rapport BeZero "First movers: the commercial case for investing in early-stage carbon dioxide removal"

Klimaat EmissieRapport22 september 2022Jacques van de Worp

The window to become an early-stage investor in CDR is still open. If we are to have any hope of hitting our climate targets, businesses and individuals need to harness the power of the voluntary carbon
market and jump-start the carbon removal scale-up.

The climate case for carbon dioxide removal (CDR) is clear. By 2050, a cumulative total of 165 billion tonnes of removal is going to be needed, amounting to as much as 10 billion tonnes per year, to limit climate change to 1.5°C (Energy Transitions Commission, 2022). According to the Intergovernmental Panel on Climate Change (IPCC), billion tonne scale CDR is now “unavoidable” if we are to hit climate targets.

BeZero Carbon has published a report that focuses on the commercial case for investing in early-stage CDR and the need for public and private sector support to help the industry scale.