Since the Paris Agreement in 2015, the race to reduce carbon emissions has started, and the technologies around the capturing, utilisation and storage of carbon (CCUS) became increasingly popular.
CCUS refers to tech that captures CO2 from large point sources, soil, oceans or directly from the atmosphere (DAC). If not being used on-site, the captured CO2 is compressed and transported to be used in a range of applications such as the manufacturing of biochar, biogas, alternative fuels, advanced materials, and more. Otherwise, the carbon can be stored permanently into deep geological formations. As of today, the CCUS market is worth $20b.
When companies cannot reduce or capture their carbon emissions, they still can offset them. A carbon offset is a way for businesses or countries to compensate for their carbon footprint. Instead of preventing emissions from being released, the company compensates for those emissions by funding projects which reduce, remove or store greenhouse gases from elsewhere in the world.
Hence, in the last years hundreds of carbon marketplaces, MRV and carbon fintech startups emerged around the globe. In 2022, this market raised $22b in investment and it is expected to grow in the coming years.
On Dealroom.co, we've mapped 130+ startups involved in CCSU & Offsetting, from Ocean capture, to DAC, to MRV and Carbon Marketplaces. For more on the carbon technologies, access the full landscape below.
