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News
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Carbon Insider - 26th June

This week's carbon removal news includes Frontier's $915m announcement, Isometric raising capital and SBTi's new guidance for corporate net-zero.

Contents

We're restarting our weekly wrap-up of carbon removal news. For this first re-instalment we've outlined everything over the last month - and boy was it a month! Have we missed anything? Get in touch here to send  news for publish.

Frontier announces $915m in new funding from Salesforce, Stripe, Google, Shopify, H&M Group, and Anthropic

This new funding takes Frontier's total commitment to $1.8 billion.

Read here

SBTi releases the version 2.0 of the Corporate Net-Zero Standard

Version 2.0 builds on the strong foundations established by Version 1. It incorporates advances in climate science, lessons learned from implementation and extensive stakeholder feedback.

Read here

Isometric Rasies $40m Series A Funding

The funding will be used to "expand Isometric's agentic certification across the industrial economy".

Read our interview with Eamon here

EU CRCF Buyers’ Club Launches

The Club was announced as part of the EU Bioeconomy Strategy in November 2025 “to create predictable demand for results-based schemes and stimulate private investment”.

Read more

Norway looking to fund CDR with up to €1.7b

Enova, the Norwegian state energy agency, is looking to launch NOACCS (Norwegian Auction Scheme for Carbon Capture and Storage): a competitive auction scheme for carbon capture and permanent geological storage, covering everything from waste incineration and biogas to direct air capture.

Read more

Frontier Approves Puro.earth's Enhanced Rock Weathering Methodology

Follows Frontier's approval of Puro.earth's Geologically Stored Carbon methodology in 2024 and Frontier’s designation of Puro.earth as a Leading Credit Issuer in 2025.

Read more

City of Stockholm becomes the world’s fifth largest buyer of carbon removals

The City of Stockholm has decided to purchase permanent carbon removals from Stockholm Exergi equivalent to 50,000 tonnes per year for fifteen years.

Read here

Climeworks Solutions signed a 10-year agreement to supply high-quality carbon removal credits to Toronto-Dominion Bank (TD)

“We’re excited to work with TD Bank, Climeworks Solutions’ first Canadian financial services customer and a globally leading financial institution,” said Adrian Siegrist, Chief Commercial Officer at Climeworks.

Read here

Carbon Direct, Microsoft, Stripe Release Sustainable Biomass Sourcing Guidelines For CDR

Dr. Zeke Hausfather, Climate Research Lead at Stripe, stated, “Getting biomass sourcing right is table stakes for scaling CDR credibly. The science and the market will keep evolving, but this guide gives buyers and developers a strong starting point, which is what the market needs right now.”

Read here

Mitsubishi Electric and Finland’s VTT Establish Core Technology for Direct Ocean Capture

System uses gas-capture method and will accelerate societal implementation by integrating with existing infrastructure

Read here

Amazon Launches Carbon Credit Sourcing Service for UK Suppliers

Amazon announced the expansion of its carbon credit service to the UK, aimed at enabling companies in its value chain to access high-quality carbon neutralization and inset credits.

Read here

We're restarting our weekly wrap-up of carbon removal news. For this first re-instalment we've outlined everything over the last month - and boy was it a month! Have we missed anything? Get in touch here to send  news for publish.

Frontier announces $915m in new funding from Salesforce, Stripe, Google, Shopify, H&M Group, and Anthropic

This new funding takes Frontier's total commitment to $1.8 billion.

Read here

SBTi releases the version 2.0 of the Corporate Net-Zero Standard

Version 2.0 builds on the strong foundations established by Version 1. It incorporates advances in climate science, lessons learned from implementation and extensive stakeholder feedback.

Read here

Isometric Rasies $40m Series A Funding

The funding will be used to "expand Isometric's agentic certification across the industrial economy".

Read our interview with Eamon here

EU CRCF Buyers’ Club Launches

The Club was announced as part of the EU Bioeconomy Strategy in November 2025 “to create predictable demand for results-based schemes and stimulate private investment”.

Read more

Norway looking to fund CDR with up to €1.7b

Enova, the Norwegian state energy agency, is looking to launch NOACCS (Norwegian Auction Scheme for Carbon Capture and Storage): a competitive auction scheme for carbon capture and permanent geological storage, covering everything from waste incineration and biogas to direct air capture.

Read more

Frontier Approves Puro.earth's Enhanced Rock Weathering Methodology

Follows Frontier's approval of Puro.earth's Geologically Stored Carbon methodology in 2024 and Frontier’s designation of Puro.earth as a Leading Credit Issuer in 2025.

Read more

City of Stockholm becomes the world’s fifth largest buyer of carbon removals

The City of Stockholm has decided to purchase permanent carbon removals from Stockholm Exergi equivalent to 50,000 tonnes per year for fifteen years.

Read here

Climeworks Solutions signed a 10-year agreement to supply high-quality carbon removal credits to Toronto-Dominion Bank (TD)

“We’re excited to work with TD Bank, Climeworks Solutions’ first Canadian financial services customer and a globally leading financial institution,” said Adrian Siegrist, Chief Commercial Officer at Climeworks.

Read here

Carbon Direct, Microsoft, Stripe Release Sustainable Biomass Sourcing Guidelines For CDR

Dr. Zeke Hausfather, Climate Research Lead at Stripe, stated, “Getting biomass sourcing right is table stakes for scaling CDR credibly. The science and the market will keep evolving, but this guide gives buyers and developers a strong starting point, which is what the market needs right now.”

Read here

Mitsubishi Electric and Finland’s VTT Establish Core Technology for Direct Ocean Capture

System uses gas-capture method and will accelerate societal implementation by integrating with existing infrastructure

Read here

Amazon Launches Carbon Credit Sourcing Service for UK Suppliers

Amazon announced the expansion of its carbon credit service to the UK, aimed at enabling companies in its value chain to access high-quality carbon neutralization and inset credits.

Read here

What's trending

Interviews
November 5, 2024
date

Social Carbon - Carbon Removal Standard Interview

A holistic standard for Nature-Based Solutions transforming ecosystem restoration and conservation.

Mike Davies
,  
jazz.michael@thethunderclap.com
CEO
,
Social Carbon
Interviews
November 5, 2024
date

SeaO2 - CDR Technology Provider Interview

The mission of SeaO2 is to protect our planet from getting warmer and warmer, by reducing the CO₂ concentration in the ocean and indirectly.

Rose Sharifian
,  
jazz.michael@thethunderclap.com
CTO & Co-Founder
,
SeaO2

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