Microsoft (NASDAQ: MSFT) has taken another major step toward its 2030 carbon-negative goal by expanding its partnership with carbon removal company UNDO. The tech giant has agreed to purchase 28,900 tonnes of permanent CO₂ removals, backed by an innovative financing structure from Inlandsis, a Canadian climate fund managed by Fondaction Asset Management.

The deal—estimated to be worth over $5 million based on current Enhanced Rock Weathering (ERW) credit prices—marks Microsoft’s third and largest purchase from UNDO to date.

It follows earlier commitments in 2023 and 2024, bringing the company’s total removals with UNDO to nearly 49,000 tonnes.

Financing the Next Frontier of Carbon Removal

To keep global warming below 1.5°C, the world must remove billions of tonnes of CO₂ from the atmosphere by mid-century. But achieving that scale requires more than promising technology. It demands financing structures that can fund large-scale deployment and reward verified results.

That’s where Inlandsis plays a crucial role. The fund has developed a first-of-its-kind debt financing model to fully support UNDO’s latest ERW project. The structure ensures that capital is deployed in sync with verified progress, effectively tying funding to real-world delivery.

UNDO’s CEO Jim Mann described the model as a turning point for the industry:

“Innovative financing is the catalyst for unlocking gigatonne-scale carbon removal. The support of Inlandsis shows how financial backers can help transform carbon removal into a genuine asset class, one that is scalable, tradable, and investable. By combining financial innovation, strategic partnerships and bleeding-edge science, UNDO is accelerating deployment and delivering both climate and agricultural benefits in Ontario and beyond.” 

By blending financial innovation, strategic partnerships, and rigorous science, UNDO is proving that enhanced rock weathering can be both a credible carbon removal method and an investable business model.

Additionally, the company’s focus on transparent MRV (measurement, reporting, and verification) ensures that every credit sold is backed by evidence and durability.

Microsoft’s Evidence-Backed Commitment

Microsoft’s partnership with UNDO has evolved gradually but strategically—each stage built on verified outcomes and increasing scientific confidence.

• 2023: Microsoft made its first-ever ERW purchase with a 5,000-tonne agreement.
• 2024: The company followed up with 15,000 tonnes and additional funding to strengthen scientific measurement and monitoring.
• 2025: This latest deal for 28,900 tonnes represents the company’s largest ERW investment yet.

The steady growth signals Microsoft’s confidence in the integrity and scalability of enhanced rock weathering. It also reflects a shift in the carbon removal market, where buyers are moving from pilot projects to multi-year, performance-based partnerships.

Phillip Goodman, Director of Microsoft’s Carbon Removal Portfolio, underscored the importance of science-led delivery,

“Enhanced rock weathering is a promising pathway to gigatonne-scale carbon removal. UNDO’s commitment to scientific rigour gives us confidence in both the durability of these credits and their role in helping Microsoft achieve its goal of being carbon negative by 2030.”

For Microsoft, this approach ensures that every tonne purchased represents verified, durable removal—not speculative offsets. The company’s portfolio strategy emphasizes transparency, permanence, and continuous improvement.

READ MORE:

• Microsoft and UNDO Partner for 15,000 Tons of Carbon Removal Using Enhanced Rock Weathering
• Microsoft (MSFT Stock) Tops Q2 2025 Record-Breaking Surge in Durable Carbon Removal Credit Purchases 

Backing UNDO: Insurance-Enabled, Bankable Carbon Solutions

For Inlandsis, the UNDO deal marks two significant milestones: it is the fund’s first ERW investment and its first Canadian project under its second climate fund. These achievements underscore how carbon finance is evolving—shifting from traditional offset models to evidence-backed removal financing.

David Moffat, Managing Director at Inlandsis, said the project highlights a new direction for climate investment:

“This strategic and innovative deal strengthens the growing relationship between Microsoft and UNDO while advancing the critical fight against climate change. It also reflects our commitment to financing credible, scalable carbon solutions in Canada and beyond.”

Adding another layer of security, the deal is underwritten by CFC, a specialized insurance provider for the carbon markets. CFC’s involvement de-risks the transaction by ensuring compensation if project milestones aren’t met—an emerging best practice in carbon finance.

Such insurance-backed financing is becoming a cornerstone for scaling carbon removal. It gives both investors and lenders the confidence to fund long-term projects, accelerating deployment and making climate solutions bankable.

A Replicable Model for the Carbon Market

This financing structure is designed to meet the needs of all players in the carbon ecosystem:

• Buyers like Microsoft get verified, durable credits with transparent evidence.
• Lenders gain confidence through milestone-based repayment tied to credit issuance.
• Farmers benefit from predictable, low-disruption operations that align with agricultural cycles.

By ensuring that capital flows only after verified results, the model turns projected tonnes into measured, issued removals. It’s a practical, transparent framework that can be replicated across regions and scales.

UNDO’s growing list of partners—Microsoft, Barclays, British Airways, and McLaren—illustrates strong corporate demand for high-integrity removals. Each new deal builds capacity for UNDO’s operations, allowing it to scale faster while maintaining scientific rigor.

Ground-Level Action: Every Rock, Every Acre, Every Record

Under the new agreement, UNDO will deploy 90,000 tonnes of crushed wollastonite, a calcium silicate rock, across 30,000 acres of Canadian farmland. The operation is designed to fit seamlessly within normal farming practices, using existing machinery and scheduled around planting and harvest.

The delivery process is transparent and data-rich:

• Equipment is calibrated and GPS-tracked.
• Every load of rock is logged and verified.
• Soil and porewater samples are collected at multiple intervals and analyzed in accredited labs.
• Each sample follows a strict chain of custody from field to lab to final data report.

These steps ensure that every credit issued represents real, measured carbon removal. UNDO’s system links field operations with verified outcomes, providing partners with full traceability from quarry to credit.

UNDO’s ERW process

Science-Led, Evidence-Based Removals

Enhanced rock weathering accelerates a natural process where CO₂ reacts with silicate minerals in rock, forming stable carbonates that lock away carbon for thousands of years.

UNDO’s science-first approach ensures that every aspect—from sampling design to lab analysis—is statistically sound and auditable. Sampling plans are written in advance for accuracy, include control plots, and specify precise locations and timing for collection.

Once samples are analyzed, results go through multiple quality control checks, and data are tied to GPS coordinates and timestamps. Life-cycle emissions from quarrying, transportation, and spreading are subtracted, and uncertainty margins are conservatively applied before credits are issued.

Issuance happens only after independent verification, meaning each credit represents net carbon removed, not just projected outcomes. This evidence-led methodology helps ensure transparency and credibility, both essential for scaling trust in the carbon market.

A Blueprint for Scalable Carbon Removal

This partnership between Microsoft, UNDO, and Inlandsis represents a powerful new model for how the carbon removal sector can grow. It combines long-term purchasing commitments, performance-linked finance, scientific validation, and insurance-backed assurance into one scalable framework.

The collaboration also offers a clear path for other companies and investors: pair proven carbon removal science with structured, delivery-based finance to accelerate real climate impact.

As UNDO expands operations, its combination of practical field deployment, scientific transparency, and financial accountability will serve as a blueprint for scaling carbon removal across geographies.

The next phase is focused on steady execution—planning rock supply, coordinating farm deployments, and sharing verified progress through public reporting. Each season adds data, strengthens methodologies, and builds confidence in the durability of ERW as a global climate tool.

The Surge in Verified Removals Signals Market Maturity

Microsoft’s (MSFT stock) $5 million partnership with UNDO is a signal of market maturity. It shows how science-based removal, innovative finance, and transparent delivery can work together to build a credible, investable carbon market.

Allied Offsets data showed that in the first quarter of 2025, around 780,000 CDR credits were contracted — a surge of 122% compared to the same period in 2024.

Additionally, 16 million credits were sold in the first six months of 2025 – marking it the strongest start to a year so far. The momentum is fueled by major buyers like Microsoft, aiming to be carbon negative by 2030. Also rise in biomass-based removal methods that are reshaping corporate offset strategies is contributing to the growth.

Market Highlights 

As the world races to reach net zero, this deal stands out as a real-world example of progress: a partnership that delivers measured, permanent carbon removal, financed and verified with integrity.

ALSO READ:

• Microsoft (MSFT) Signs $2.6 Million Soil Carbon Credit Deal with Agoro Carbon to Meet its Net-Zero Goals
• Microsoft Signs Groundbreaking 7MT Carbon Credits Deal with U.S.-Based Chestnut Carbon 

The post Microsoft (MSFT) Buys 28,900 Tonnes of CO₂ Removal from UNDO in Landmark Multi-Million-Dollar Deal appeared first on Carbon Credits.

A new coalition of major global companies has launched an effort to fix how the world measures and reports carbon emissions. The group, called Carbon Measures, includes BlackRock’s Global Infrastructure Partners (GIP), ExxonMobil, and Banco Santander. They aim to build a clear and dependable global system. It will track carbon emissions in various industries and supply chains.

The coalition wants to solve the long-standing issue of “double counting.” This happens when several organizations claim the same emissions or reductions. It will also create new standards for measuring carbon intensity at the product level, from electricity and steel to cement and fuels.

The Need for Better Carbon Accounting

Carbon accounting measures greenhouse gas emissions. It’s essential for corporate climate action. Yet, many experts say current systems are weak and inconsistent.

Recent studies show that most corporate carbon data lacks accuracy. Less than 16% of carbon credits show real emission cuts, based on multiple independent reviews. Other reports show that over half of companies misreport or underreport their Scope 3 emissions. These emissions come from suppliers, customers, and logistics.

Even with growing corporate climate pledges, global emissions hit a record 37.4 billion metric tons in 2024, up 1.1% from the previous year. The gap between reported progress and real emissions continues to widen. This makes reliable data more important than ever.

Carbon Measures wants to address this problem by using verified data and financial-style rules. If it works, the coalition might change how companies, investors, and regulators see carbon performance.

How Carbon Measures Works

The coalition plans to design a ledger-based accounting system modeled on financial reporting. Each emission entry will be tracked and verified to prevent overlap or duplication. The approach takes ideas from finance. It uses consistent documentation, audits, and clear transparency standards.

Amy Brachio, the CEO and former global sustainability head at EY, says the new system will make carbon data clear, comparable, and precise. Her leadership brings over 30 years of experience in corporate sustainability and accounting systems. She said:

“For decades, precise and comparable data has been something of a holy grail in emissions tracking. Carbon Measures wants to build a system that unleashes competition, investment, and faster emissions reduction.”

The organization will start by developing standards for carbon intensity in major industrial sectors, such as:

• Electricity and energy generation

• Steel and cement production

• Chemicals and fuels

These sectors are major greenhouse gas emitters. They account for nearly 70% of global industrial emissions. Consistent metrics could greatly impact the world’s decarbonization goals.

Industry Leaders Join Forces: Who’s Backing the Plan

Carbon Measures has attracted companies from across energy, finance, and manufacturing. Founding members are ADNOC, Air Liquide, BASF, Bayer, Honeywell, Linde, Mitsubishi Heavy Industries, NextEra Energy, Nucor, and Vale.

ExxonMobil CEO Darren Woods said that better data will help the industry manage emissions more effectively, saying:

“If you can’t measure it, you can’t manage it. A standard carbon accounting system will create a foundation for fair competition and effective climate action.”

Banco Santander’s Executive Chair Ana Botín added that the framework aims to make carbon reporting globally comparable.

The group includes both financial institutions and industrial companies. This mix shows how broad the impact of carbon measurement has grown.

For investors, accurate emissions data is now part of assessing financial risk. Manufacturers may face market access issues. More countries are adding carbon border taxes and product labeling rules.

A Booming Market for Carbon Truth

Carbon Measures launches at a time when both regulation and demand for transparency are rising. The carbon accounting software market is set to rise from $18 billion in 2024 to over $100 billion by 2032. This growth shows how companies feel the pressure to track and report accurately.

The compliance carbon credit market, which has government regulations, was valued at around $113 billion in 2024. It could grow to over $500 billion by 2030, based on industry estimates.

Despite these investments, inconsistencies in carbon tracking have limited real progress. Many offsets used by firms have failed verification tests. For example, research found that only about 11% of forestry offsets delivered the emission cuts they claimed. Such findings have weakened confidence in voluntary carbon markets.

• SEE MORE: Study Finds Carbon Offsets Failing to Deliver Real Climate Impact

Carbon Measures seeks to rebuild that trust. The group aims to help investors and regulators by blending financial accuracy with science-based metrics. This way, they can tell real emission reductions from exaggerated claims.

The Hard Road to a Global Carbon Standard

Building a global standard will not be easy. Carbon data is complex, and each company collects it differently. Many developing countries also lack the technology or infrastructure for detailed measurement.

To succeed, Carbon Measures must:

• Align with existing frameworks like the Greenhouse Gas Protocol and the Science-Based Targets initiative.

• Ensure independent verification to maintain data credibility.

• Encourage participation from both the private and public sectors to avoid fragmented systems.

The group is expected to release its first set of draft standards in 2026, starting with the power and steel industries. Analysts say regulators will closely watch the coalition’s progress. They are preparing new climate disclosure laws.

Another challenge lies in data integration. Companies must track emissions throughout long global supply chains. These chains often include hundreds of smaller suppliers. This requires advanced digital tools, including blockchain systems and artificial intelligence. They ensure traceability from raw materials to finished products.

Toward Transparent and Comparable Carbon Data

If Carbon Measures succeeds, it could redefine how the world values carbon performance. Clear, verifiable data could direct trillions of dollars toward clean technologies and efficient production.

Reliable accounting helps companies avoid accusations of “greenwashing.” This means they won’t make false or exaggerated environmental claims. It may also enable regulators to design better carbon pricing systems, linking policy and data more effectively.

Experts believe this kind of market transparency could speed up the global energy transition. The International Energy Agency says we need over $4 trillion each year for clean energy to hit net zero by 2050. Accurate carbon data can help guide where that money goes.

As global supply chains decarbonize, accurate tracking will become a competitive advantage. Investors and consumers increasingly prefer companies that can show measurable and verified progress.

Carbon Measures, backed by some of the world’s largest firms, signals that carbon accounting is moving from theory to execution. It shows that data — not just pledges — will define the next phase of corporate climate action.

• READ MORE: Meta’s AI Forest Map: The Game-Changer for Carbon Tracking

The post BlackRock, ExxonMobil Lead New Global Coalition to Fix Carbon Accounting appeared first on Carbon Credits.

Xpansiv, a leading climate technology company, is gaining worldwide attention for its work in carbon and environmental data systems. The company was recently chosen in the first stage of the Financial Innovation category at the Tokyo Financial Award. It was also selected by the State of New York to build the state’s new greenhouse gas (GHG) reporting platform.

These two milestones show how Xpansiv is expanding its global role in climate finance and sustainability data. They show how the company links digital finance to environmental reporting. This is important in today’s fast-changing market.

A Growing Global Reputation

The Tokyo Financial Award celebrates companies that introduce fresh ideas in financial services. It also values sustainability and transparency. Xpansiv’s selection in this category shows its success in creating trusted digital tools for carbon markets.

Founded in 2017, Xpansiv manages systems worldwide. These systems track and trade carbon credits, renewable energy certificates, and other environmental assets. Its technology helps buyers, sellers, and regulators follow every transaction safely and in real time.

The company runs key platforms like XMarkets Exchange and the Environmental Portfolio Management System (EPMS). It also runs the Open Exchange (OX) for spot trading. Additionally, it hosts registries for renewable energy and carbon offset projects. Together, these systems process tens of millions of environmental credits and data entries each year.

In recent years, banks, regulators, and large corporations have turned to Xpansiv for reliable climate data. Japan’s financial sector recognizes that digital systems are crucial for transparency and efficiency in global climate finance.

• RELATED: Xpansiv and KRX Collaborate on Korean Carbon Credit Market Launch

Building New York’s Digital Backbone for Climate Action

Xpansiv reached another major milestone in the United States. It was selected by the State of New York to power a new platform that will track and report GHG emissions. This project backs the state’s Climate Leadership and Community Protection Act (CLCPA). It is one of the most ambitious climate laws in the nation.

The platform will allow businesses to record, verify, and report their emissions across different industries. It will also link with carbon markets, letting companies use verified data when buying or retiring carbon credits.

This system is one of the first large-scale examples of a state using private digital technology for public climate reporting. It aims to make compliance easier and improve access to emissions data for both regulators and citizens.

Officials expect the system to go live by 2026. It will help thousands of companies in New York. It could also be a model for other states that want to update their climate data systems.

Katie Doyle, Senior Vice President, Registries, at Xpansiv commented:

“New York is again setting a national precedent by introducing a comprehensive, tech-enabled emissions reporting platform. We’re proud to support the state’s leadership in developing actionable climate policy through digital infrastructure.”

• SEE MORE: New York Requires Large Emitters to Report Their Greenhouse Gas Emissions

Turning Climate Data into Digital Currency

Accurate data is essential for real climate action. Governments, investors, and businesses need reliable information. This helps them measure emissions and track their progress toward goals.

Xpansiv’s platform turns verified project data, like power generation, carbon capture, or factory emissions, into Digital Environmental Assets (DEAs). These are standardized data units that can be traded, reported, or analyzed.

The company’s system offers:

• Audit-ready records for full transparency.
• Integration tools (APIs) to link to carbon registries and reporting systems.
• Data checks and verification are similar to blockchain tracking.

By digitizing this information, Xpansiv replaces paper-based or disconnected systems. This helps avoid errors, duplication, and confusion. The result is faster, clearer, and more trustworthy data. This is vital for governments, companies, and investors. It all helps scale up global decarbonization.

Riding the Wave of the $2 Trillion Energy Transition

The global clean-energy finance market is expanding fast. The International Energy Agency (IEA) and BloombergNEF estimate that investment in energy transition technologies hit $2.1 trillion in 2024. This marks a nearly 25% increase from the previous year.

More funding is now directed to systems for measuring, reporting, and verifying (MRV) emissions. This is where Xpansiv works.

Analysts predict the digital carbon infrastructure market will hit $100 billion by 2030. This growth comes as more governments and companies invest in improved data systems.

Xpansiv partners with big banks, trading exchanges, and registries in North America, Europe, and Asia. It links voluntary and compliance carbon markets. This makes it easier to transfer verified carbon credits between systems.

Global demand for reliable climate data is rising. Xpansiv is ready as a platform operator and data provider. This role sets the stage for future growth.

Experts agree that accurate and verifiable data will be key to meeting net-zero goals. Without it, both voluntary and compliance carbon markets risk losing credibility.

Xpansiv’s Next Frontier: Linking Policy, Finance, and Data

Xpansiv’s recognition in Japan and its work with New York State show a growing link between finance and climate data worldwide.

Industry analysts see several ways the company could expand:

• Public partnerships: more states and countries may adopt similar digital reporting systems.
• Corporate integration: Big companies could use Xpansiv’s technology to meet the disclosure rules set by the International Sustainability Standards Board (ISSB) and the U.S. Securities and Exchange Commission (SEC).
• Standardization: With the rising need for consistent carbon data, platforms like Xpansiv can link various markets into a single global system.

The company’s main focus areas—Asia, North America, and Europe—represent over 80% of carbon market activity worldwide.

Governments are tightening climate rules, and investors now want clear proof of sustainability claims. As a result, digital platforms that verify emissions data will play a larger role in both compliance and investment decisions.

A New Chapter in Climate Data

Xpansiv’s achievements in Japan and the U.S. show how technology and finance are working together to drive climate transparency.

Its platforms turn complex environmental data into reliable digital assets. These assets help connect markets, regulators, and companies in new ways.

As global climate policies evolve, accurate reporting will become even more important. The world needs systems that can measure, verify, and trade environmental data quickly and securely.

Xpansiv’s journey reflects this shift. Climate action now goes beyond cutting emissions. It’s also about tracking them clearly and connecting that data to financial systems. In this way, Xpansiv is helping to build a more transparent and accountable future for climate finance and environmental markets.

• READ MORE: BeZero and Xpansiv Power Up Transparency in Carbon Credit Markets

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