Carbonfuture has gained a huge vote of confidence in its ability to deliver on its promise of “carbon removal you can trust,” with investors putting $2.8 million in seed funding into the company.
If humanity is to stand any chance of meeting the targets laid out in the Paris Agreement, then we need to use every available tool at our disposal.
People and companies are able to use the marketplace to buy carbon credits that are then used to offset the buyer’s carbon emissions.
When someone purchases credits through the platform, they can be assured that the CO2 has been safely removed from the atmosphere and will be sequestered for a minimum of 100 years.
Elena Walder-Shiavone, a Managing Partner at Übermorgen Ventures, is keenly aware of both the importance of carbon capture as part of the efforts to reach the targets of the Paris Agreement and the need to act fast, as she outlined in a statement: “To achieve the ambitious climate targets that have been set, there is no way around carbon sinks.
“Companies can offset their residual emissions with us; we offer financial revenues and incentives to suppliers of sinks as well as biochar producers to build and expand their climate protection activities.
A regular contributor to The Beam and CleanTechnica, he primarily covers topics related to the impact of new technology on our carbon-free future, plus broader environmental issues.
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