Carbon markets are one way to finance carbon removal with nature, and thus the transition from a fossil to regenerative society. With Oncra, Climate Cleanup tries to bring trust in markets, although we believe most in the role of governments to pay for removal (and thus work closely with the EU CRCF). Currently however, voluntary carbon markets can play a role in funding the transition, so we are happy to share positive news regarding nature-based removal, exactly the field where Oncra works.
Market analysts at Allied Offsets’ published their 2024 recap report, which shows a market-wide shift toward higher-quality credits. One of the conclusions is that the market of ‘NBS removals’ was the only one with more “offtake deals than ever” – proving the potential market for Oncra removal units. Read more…
