Carbon removal tracking platform Carbonfuture has announced two new participants in its Catalyst program -- climate solutions company Silicate and the startup Inplanet.
, Catalyst provides innovative carbon removal companies with expert support and guidance to help them enter the carbon removal market.
Per the IPCC, it is acknowledged that humanity is going to need to remove gigatonnes of carbon from the atmosphere annually in order to limit global warming. This means the carbon removal industry has to grow considerably and there is increasing investment being made into the sector. Carbonfuture’s Catalyst program works with carbon removal companies at various stages.
Silicate has attracted attention and accolades in its native Ireland, with the company being selected as a finalist for 2022 The Irish Times Innovation Award. A challenge facing the company is that there is currently no consensus on how to measure and verify the amount of carbon that is captured through Silicate’s advanced weathering technique. This is why participation in Catalyst is such a good opportunity for both parties.
Maurice Bryson, founder of Silicate, is enthused about the partnership and what it can lead to. “By working with Catalyst, we will create a scientifically robust enhanced weathering standard that ERW companies and our customers can have confidence in,” he explained.
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