Carbon Removal Newsroom Can CDR weather the climate tech downturn
How’s the CDR economic outlook for 2024?
Sightline Climate recently reported that investment for the entire climate tech industry dropped 30% in 2023. Similarly, Pitchdeck released a report specifically outlining carbon removal's recent dip in VC funding. However, Captura just announced a $21.5 million Series A raise.
So is CDR immune to the climate tech investing downturn?
In this episode of Carbon Removal Newsroom, we talk about market responses to uncertainty, the role of large offtake agreements as funding mechanisms, and what stage governments are currently at in their carbon removal journeys.
Tune in to hear about the latest CDR Market Outlook Survey, Kenya’s proposed 15-25% carbon credit export tax, and if what we really need are some experienced solar folks to jump into the CDR waters.
On This Episode
Resources
CDR Market Outlook SurveyCTVC market reportPitchdeck reportKenya’s proposed taxCarbon Removal Canada
Connect with Nori
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme X account