ClimeFi – CDR Market Review, Apr 2025
The main topic of the report is the review of the sustainable carbon dioxide removal (CDR) market for the first quarter of 2025.
Key findings include: The CDR market showed steady growth in the first quarter of 2025, with new contracts signed for 700 kilotons and the issuance of 267 kilotons of CDR credits. The main directions were Biomass CDR and Marine CDR. The Science Based Targets initiative revised its corporate net-zero standard, proposing three potential pathways for integrating carbon removal into corporate climate goals. New market entrants include TikTok, with major deals such as SkiesFifty's agreement with Gigablue and Google's biochar and bio-oil deal. BioCCS dominated the market with an 82.9% share, and the Swedish government allocated significant funding for the Stockholm Exergi project.
