By Abbas Nazil
Climate finance and carbon removal procurement firm, ClimeFi, has completed a major procurement round that secures more than eighty five thousand tonnes of durable carbon dioxide removal.
The latest round represents another milestone in the rapid institutional growth of the emerging carbon removal market.
ClimeFi said the procurement involved more than eighteen million dollars in total purchases, with an average price of two hundred and thirteen dollars per tonne of carbon removed.
The company explained that the commitments span eight different carbon removal pathways, reflecting a diversified approach to long term climate mitigation.
These pathways include biochar, bioenergy with carbon capture and storage, direct air capture and storage, enhanced rock weathering, microbial carbon removal, mineralisation, terrestrial biomass sequestration, and wastewater alkalinity enhancement.
According to ClimeFi, the purchases were made through a coordinated effort that brought together multiple buyers with ambitious sustainability goals.
By pooling demand over a six month period, participants were able to secure preferential commercial terms and volume based discounts that are often unavailable in fragmented markets.
The firm said it plans to disclose details of specific buyer and project pairings in the coming weeks.
Suppliers selected for client portfolios include Andes, BioCirc, Carboneers, CREW Carbon, Deep Sky, Exomad Green, Graphyte, InPlanet, O.C.O. Technology, and Vaulted Deep.
Each of the selected projects advanced through a request for proposal process launched in the third quarter of twenty twenty five.
This process was followed by detailed due diligence and offtake negotiations to assess long term delivery reliability.
ClimeFi said projects were evaluated based on transparency, technical robustness, and a forecasted capacity of at least twenty thousand tonnes between twenty twenty six and twenty thirty.
The company added that it will continue to monitor retained projects for execution risks, including potential delivery delays or issues related to credit issuance.
Most fixed volume deliveries under the procurement round are scheduled for twenty twenty seven and twenty twenty eight.
Some contracts also include options that extend delivery commitments as far as twenty thirty three.
Geographically, seventy one percent of the committed volume is based in the Americas.
The remaining projects are spread across four continents and involve three different storage methods.
Sebastien Dewarrat, co founder of ClimeFi, said the company was pleased to publicly share the results of the latest procurement round.
He said ClimeFi is honoured to work closely with forward thinking buyers focused on scaling durable carbon removal solutions.
Dewarrat added that the company looks forward to announcing further details of the collaborations in the months ahead.
ClimeFi said the latest round underscores growing confidence among institutional buyers in durable carbon removal as a critical component of net zero strategies.
The company noted that structured procurement and aggregation models are playing a key role in accelerating market maturity.
ClimeFi said continued collaboration between buyers and suppliers will be essential to scaling carbon removal capacity over the coming decade.