NextGen CDR Facility

NextGen CDR Facility

The Future of Technical Carbon Removals…. today

The ambition: Purchase over one million certified carbon removal credits by 2025.

Establish the Market

The NextGen CDR Facility (NextGen) will help build a market for certified technical carbon removals (technical CDRs), in a world where removing CO2 from the atmosphere is necessary to reach net zero emissions by 2050

Scale Innovative Technologies

By bringing together leading companies to purchase verified negative emissions, generated by innovative technologies that remove and store CO2 for hundreds of years from the atmosphere, NextGen will establish the market for high-quality, credible CDRs while providing companies at the cutting edge of carbon removals with the financing needed to scale

Ensure CDR Credibility

NextGen's commitment to technical carbon removal that can be certified under ICROA standards will ensure both the credibility of the market, as well as the tangible environmental benefits.

Global Engagement

NextGen is the first truly global Facility of its kind, bringing together buyers from across Asia, Europe, and the USA to promote international support for technical carbon removal.

Founding Buyers

NextGen will purchase technical CDRs from projects using a range of technological approaches that offer significant potential to scale, including:

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Biomass carbon removal and storage (BiCRS) explores ways to remove CO₂ from the atmosphere via biomass (organic materials) and to store it underground or in long-lived products.

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Direct air carbon capture and storage (DACCS) extracts CO₂ directly from ambient air, where it can then be stored in geological reservoirs or long-lived products such as cement.

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Enhanced weathering uses silicate minerals that turn CO₂ into stone naturally when exposed to the rainwater. By grinding these rocks into a fine powder, this natural process which usually takes thousands of years can be sped up significantly.

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High-temperature biochar is produced by burning biomass at high temperatures in a low-oxygen environment, which prohibits the release of CO₂. The produced high-carbon biochar is resistant to decay and can be added to soils where the carbon remains for centuries, while at the same time improving soil quality.

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Product Mineralization uses CO₂ from the atmosphere or biomass. Through chemical reactions, the CO₂ gets turned into solid carbonate minerals such as calcite or magnesite. The mineralised carbon is then stored in long-lived materials that can be used in the construction industry.

“Ensuring the quality of carbon removals will be central in building a credible carbon removals market. What this Facility is doing is instrumental to the creation of such a robust removals market. Science-based targets and the use of carbon credits for Beyond Value Chain Mitigation require a full verification and assurance of the related corporate climate claims, and the use of carbon removals is no exception.

Regardless of the type of investment or timeline, there is still a need for clear benchmarks and verification when it comes to corporate climate action,"

says Mark Kenber, co-Executive Director, Voluntary Carbon Markets Integrity initiative (VCMi).

NextGen CDR Facility is a collaboration between South Pole and Mitsubishi Corporation, bringing their expertise and global networks together to unlock the potential of large scale technical carbon removal.

Contact us
Contact us

For more information about the NextGen Facility, contact us on [email protected].

Erfahren Sie mehr

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South Pole announces development of new facility to scale up the next generation of carbon removals together with Mitsubishi Corporation

Five leading companies from across Asia, Europe, and North America announce their plan to join the NextGen CDR Facility (NextGen) as founding buyers to dramatically scale up carbon removal technologies and catalyze the market for high-quality carbon removals.

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Scaling the Next Generation of Carbon Removals

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