Global durable carbon dioxide removal (CDR) investment shares 2023, by method

Published by Ian Tiseo, Aug 27, 2024

Globally, approximately 577 million U.S. dollars were invested in durable carbon dioxide removal (CDR) technologies in 2023. Around one quarter of this total went to direct air capture (DAC) companies. Meanwhile, biomass-based companies, including bio-oil, biochar, and BiCRS, raised around 32 percent of the total. 

Distribution of investment in durable carbon dioxide removal (CDR) worldwide in 2023, by method

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Release date

January 2024

Region

Worldwide

Survey time period

2023

Number of respondents

577m USD invested

Special properties

Data as of December 24, 2023. Excludes soil, forest, and other less-durable forms of CDR.

Supplementary notes

This analysis builds on public sources. There is a significant number of deals that are private and thus not included in the analysis.

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Topics

Carbon dioxide removalGlobal climate changeCarbon capture and storageGreenhouse gas emissions worldwideVoluntary carbon markets worldwide
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