Our projects are structured into 4 phases.
We tailor the project according to the economic and social environment of the project location.
Before executing the project, we get to know each other in person first. We want to build collaboration based on trust and vision.
Now that we know we can rely on each other, we execute the project together.
This is an ongoing phase that lasts as long as the project lasts, which is ideally for many, many years! With the C-sink Management in place, the production runs smoothly, and we can focus on the most important tasks:
According to the IPCC Special Report on Global Warming of 1.5°C, "the deployment of CDR to counterbalance hard-to-abate emissions is unavoidable if net-zero CO₂ or greenhouse gases (GHG) emissions are to be achieved". In other words, we are out of budget and all efforts to reduce or avoid emissions will not be enough. We need to incorporate net-negative-emissions activities into our economy to remove, depending on the scenario we will face in the future, up to 21 gigatons of CO₂ per year by 2050. This poses an enormous challenge which can only be mastered collectively.
As the emerging carbon market struggles to find uniformed definitions, the boundaries between the two concepts are often blurry and misunderstood. However, they are clearly to be distinguished. Offsets most commonly refer to emissions reductions or avoidance. Carbon Dioxide Removal (CDR) principles allow to only sell the net-negative emissions and generally undergo more strict quality measures to ensure the highest integrity:
Permanence: How long will the CO₂ be safely removed from the atmosphere?
Additionality: Does the CDR activity cause new climate benefits, or would the carbon removal have happened anyway?
Carbon leakage: Are emissions shifted elsewhere because of the CDR activity?
Negativity: How emission-intensive is the CDR process relative to its carbon removal potential?
Verifiability: How is the CO₂ removal monitored and verified?
Co-benefits/risks: What are the consequences for ecosystems, biodiversity, food security, etc.?
In our experience, capital expenditures are on average around 20,000 - 30,000 EUR, give or take, depending on the economic environment.
From the first handshake until a fully audited project takes about 3 months if everything runs smoothly and everyone pushes forward. If this process has been done once, the next project can be onboarded a lot faster.