ClimeFi is delighted to share that it has joined the Advance Carbon Removal Coalition.
An initiative of Carbon Removal Canada, the Advance Carbon Removal Coalition aims to mobilise $100 million by 2030 for carbon removal projects across purchases, investments, and project finance.
Founding members include ClimeFi, Government of Canada, BMO, NorthX, RBC, Shopify, and Vancity – leading organizations that have collectively contributed over $75 million into the Canadian CDR ecosystem to date.
Paolo Piffaretti, CEO and Co-Founder at ClimeFi said: ‘Canada is emerging as a true leader in the carbon removal market. ClimeFi is proud to be a Founding Member of the Advance Carbon Removal Coalition, helping support Canada’s impressive growth trajectory by accelerating high-quality carbon removal solutions in the region.’
Ed Whittingham, Founding Director, Advance Carbon Removal Coalition said: “Canada has the talent, geology and clean power to lead in carbon removal. By aligning serious buyers and investors, we’re helping advance Canada’s carbon removal sector from fragmented to financeable. That’s how you go from ambition to projects on the ground.”
To find out more head to the Advance Carbon Removal website.
