Article

ClimeFi has successfully completed an $18 million carbon removal procurement round, securing commitments for over 85,000 tonnes of CO₂ removal across eight pathways, including Biochar and Direct Air Capture. The initiative, which focused on aggregating demand from multiple buyers, achieved an average price of $213 per tonne and emphasized technical robustness in supplier selection. With 71% of commitments located in the Americas, the results reflect increasing confidence in scalable carbon removal solutions through long-term contracts.