European climate-tech company Planet2050 has announced a new request for proposals, looking to back carbon dioxide removal (CDR) projects powered by engineered solutions.
Specifically, the call is intended for projects centered around biochar, enhanced rock weathering (ERW), bioenergy with carbon capture and sequestration (BECCS), and other established and proven engineered CDR approaches.
Through this effort, Planet2050 aims to provide the vital funding needed to fuel the further development and growth of the carbon removal industry.
The company has highlighted that eligible projects need to have certification under Verra, Gold Standard, Isometric, Puro.earth, Carbon Standards International AG, Rainbow (formerly Riverse), Global Carbon Council, or other recognized market bodies.
Applicants are invited to send in proposals by Jul 22, 2025, when Planet2050 will proceed and review the submissions, selecting 5 initial projects that will receive either direct early-stage pre-financing or financial support for later-stage acceleration.
This offering is part of the stage setting for the company’s upcoming public listing in Europe, where it plans to introduce a new carbon financing tool.
As explained by Planet2050, the new financing instrument will be suitable for both retail and professional investors, and it is being launched to answer the capital needs of carbon removal developers.
In the future, the company also intends to launch similar pre-financing initiatives that would provide support for nature-based carbon removal projects, as well as initiatives focused on super pollutants.
Relevant: EU To Fund CDR Under The 2025 Edition Of Its LIFE Program
This request for proposals by Planet2050 comes at a time when CDR adoption is trending in Europe, signaling optimism and potential for bolder sector action going forward.
So far, engineered carbon removals have entered EU-level discussions and are considered for certification and inclusion into landmark climate policies like the EU Emissions Trading Scheme (ETS), and CDR is also appearing on the agendas of country-level efforts, a tendency also demonstrated by a recent move in which Germany proposed a dedicated carbon removal sliver in its federal budget.
Read more: Germany Includes CDR In Its New Federal Budget Proposal
