NextGen CDR Facility

NextGen CDR Facility

The future of technical carbon removals… today!

Our Ambition: Purchase over one million certified carbon removal credits by 2025.

Who we are

The NextGen CDR Facility brings technical expertise and global networks together to unlock the potential of large scale technical carbon removal. The establishment of NextGen follows last year's announcement by South Pole, recently approved as an Implementing Partner of the First Movers Coalition (FMC), and its development was strongly influenced by the Carbon Removal Climate Action Group of the World Economic Forum Alliance of CEO Climate Leaders.

Our Purpose

Establish the market

NextGen will help build a market for high-quality certified technical carbon removals (technical CDRs), in a world where removing carbon dioxide (CO 2) 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 CO 2 for hundreds of years from the atmosphere, NextGen will provide companies at the cutting edge of carbon removals with the financing needed to scale.

Ensure CDR credibility

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

Founding Buyers

Project types

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

biomass-carbon-removal-and-storage-bicrs-v3.jpeg

Biomass carbon removal and storage (BiCRS)

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.

direct-air-carbon-capture-and-storage-daccs-v3.jpeg

Direct air carbon capture and storage (DACCS)

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.

enhanced-weathering-v3.jpeg

Enhanced weathering

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.

high-temperature-biochar-v3.jpeg

High-temperature biochar

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.

product-mineralisation-v4.jpeg

Product Mineralization

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.

The importance of quality and credibility

“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).

Read more

carbon-removals-solutions-south-pole.jpg

Facility for technical carbon removals being launched by major corporations

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.

carbon-removals-blog-south-pole.jpeg

The Future of Carbon Removals: Launch of NextGen CDR Facility at WEF in Davos

On the 24th May we launched the NextGen CDR Facility on the sidelines of the World Economic Forum Annual Meeting 2022 in Davos.

For more information

Contact us
Contact us

For more information about the NextGen Facility, contact us on nextgen@southpole.com.

Want more information about the NextGen Facility?
For more information about the NextGen Facility, contact us on nextgen@southpole.com