SBTi mandates carbon removal purchases for 11,000 companies by 2035
The Science Based Targets initiative published Net-Zero Standard V2.0 on June 11, requiring large companies to buy carbon removal credits from 2035, potentially creating 293M–1.1B tonnes annual demand.
Boeing locks 20,000 tonnes of carbon removal from six suppliers across four countries
Boeing procured 20,000 tonnes of durable carbon removal through Supercritical by screening 200+ projects against 118-point quality framework, signaling how major emitters are front-running 2028 SBTi mandates and reshaping the CDR market.
Microsoft Buys 1 Million Biochar Credits from Liferaft in 10-Year Deal
Microsoft has signed a 10-year offtake agreement with Iowa-based Liferaft for 1 million biochar carbon removal units — the largest such deal in U.S. history — signalling that bankable demand is now the primary lever for scaling durable carbon removal infrastructure.