ClimeFi has published the first edition of its CDR Price Benchmark, an all-new quarterly report that sets out offer-side prices across seven durable removal pathways and five delivery vintages, drawn from more than 300 projects worldwide. The CDR Price Benchmark serves as a quantitative complement to ClimeFi’s existing quarterly CDR Market Review.
Pricing has long been one of the least transparent parts of the CDR market: buyers exploring offtakes have had to rely on scattered supplier quotes, with limited view into how prices compare across pathways or where they are heading in coming years.
Transparent pricing is essential for the CDR market to scale. For buyers, price visibility can inform procurement strategy and allow them to budget towards climate targets with confidence. For suppliers, it provides a clear reference point from which to shape commercial strategy. At the same time, it gives investors a benchmark on which to base financing decisions, while for governments it provides the data foundation that policy needs as carbon removal is increasingly built into frameworks.
By introducing the CDR Price Benchmark, ClimeFi looks to bridge that gap across the market.
CDR Price Benchmark: Q3 2026
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While ClimeFi's dataset extends to 2040, the inaugural edition of the CDR Price Benchmark focuses primarily on near-term pricing curves.
- Premium pathways reprice down the curve. The steepest price declines between 2026 and 2030 vintages are Direct Air Capture and Storage (DACCS) at 43% and Marine CDR at 34%, as scale up and technology learning are priced into later deliveries.
- Not every curve slopes down. Other Biomass Carbon Removal (BiCRS), Bioenergy and Carbon Capture with Storage (Bio-CCS), Enhanced Weathering, and Ex-situ Mineralisation all tick up between 2026-2030, consistent with near-term capacity tightness in these segments.
- Cross-pathway spreads compress. The ratio between the highest and lowest pathway median narrows from 4.9x to 2.9x between 2026-2030, while the number of priced offers along the curve rises by 41%.
Our methodology
ClimeFi acts as a counterparty for CDR transactions across both spot and offtake agreements and in that role, we receive pricing quotes directly from suppliers. This benchmark makes a subset of that data public for the first time.
It is important to note that these are indicative supplier offers, not transacted prices. While not every supplier in the market is included in the data, as certain suppliers may elect to exclude their data from the benchmarks, the sample size remains representative of pricing across all seven pathways.
While this edition presents pathway-level aggregates, ClimeFi holds further cuts of this data including sub-pathway data and pricing by commercial status. Reach out today at cdr@climefi.com.
Access the report
To access the full price benchmark table, complete with pathway pricing across 2026-2030 including minimum, median, and maximum offers, our forward pricing curve charts out to 2030, and an analysis of 2026 pricing, download the full report today.
We look forward to bringing you the next edition in December.
