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The Carbon Business Council and Emerald Climate have introduced the APACdr initiative to enhance carbon removal efforts in the Asia-Pacific, which is responsible for about half of global emissions. The initiative aims to coordinate demand signals, regulatory clarity, and institutional support to facilitate carbon dioxide removal (CDR) growth in the region.

Launched in January 2026 in Singapore, APACdr convened 26 organizations including financial institutions and project developers. The initiative will work on procurement models, pricing mechanisms, and educational engagement throughout 2026, and plans to host a summit during Ecosperity Week from May 18-21, 2026.