Carbonaires Initiates RFP for Offtake-Backed Financing in Carbon Dioxide Removal Projects
Carbonaires has launched a global RFP aiming to secure offtake-backed financing for high-integrity carbon dioxide removal projects. This initiative targets projects with a minimum contract value of $3 million to close existing financing gaps in CDR.
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On April 27, Carbonaires launched a RFP for offtake-backed financing for carbon dioxide removal (CDR) projects, requiring a minimum offtake contract value of $3 million. The RFP covers various CDR pathways, including biochar, enhanced rock weathering, and direct air capture.
Eligible projects must have a signed or imminent offtake agreement, with financial assessments conducted on a case-by-case basis. Questions regarding the RFP can be submitted until May 8, 2026, with responses by May 15, 2026; applications are due by May 22, 2026, and decisions will be announced by June 5, 2026. This initiative aims to enhance financial infrastructure in the carbon removal sector, connecting projects to institutional investors and addressing funding shortages.
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