Two carbon removal enablers are joining forces to deliver CO2 reduction at a large-scale. Carbonfuture and Indo-Danish cleantech company MASH Makes signed a five year purchase agreement to deliver 50,000 metric tons of CO2 equivalent together.
The partnership involves utilizing MASH Makes’ facilities for production of biochar that stores CO2 for hundreds of years. The carbon credits generated by the company’s technology will be measured and monitored through Carbonfuture’s digital platform.
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They will be verified by third party auditors accredited at Carbon Standards International. The resultant carbon removal credits will be sold via Carbonfuture‘s integrated marketplace.
“Our mission at Carbonfuture is gigatonne-scale climate impact… For us, and the nascent carbon removal sector, this deal with our trusted partner MASH Makes marks a big step. It represents all the values our company is built upon: transparent, science-based and trustworthy removal credits, delivering a new tier of quality to an emerging market we so desperately need. And all that not only without harming nature, people and planet, but by leaving them off a little better than we found them in the first place. It’s no longer only about reducing our fossil footsteps, it’s about actively leaving a massive handprint of positive change,” says Hannes Junginger-Gestrich, CEO at Carbonfuture.
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Carbonfuture is a startup founded in 2020 with an end-to-end intelligence in the carbon removal space. The company provides access to carbon removal projects, consults and helps large organizations meet their climate commitments and offers a carbon marketplace with high quality carbon credits.
MASH Makes is a company that has decided to mitigate climate change by tackling the issue of stubble burning or the open field incineration of crop residue that is left post-harvest. Stubble burning is a critical problem in India that raises air pollution.
Over the past years, the company has been piloting a project in Maharashtra, that uses crop residues as the feedstock to make fuel, with the goal of reaching a point where any type of biomass residue could be used as a feedstock.
With the pyrolysis of biomass, MASH Makes valorizes biomass residue that would have otherwise been burnt in an uncontrolled environment to also produce biochar that permanently sequesters carbon.
The use of biochar improves water and nutrient retention that remediate depleted soils and increases crop yield. The technology also creates carbon credits on the Voluntary Carbon Market that represent a new stream of revenue for local farmers.