Removall, the France-based carbon project developer, and Sumitomo Corporation have launched a joint venture called Summit Removall. This venture will co-invest in high-quality, nature-based carbon credit projects globally. It combines Removall’s carbon project development skills with Sumitomo’s strong global presence, especially in Asia. Together, they aim to increase access to premium carbon credits and support climate goals.
This venture will fund and manage certified carbon projects that remove and reduce greenhouse gases. The two companies will also handle the sales of carbon credits to their customers. They will balance their efforts across Europe, Asia, and the Americas.
Yusuke Kinoshita, General Manager of Carbon Solution Business Unit at Sumitomo Corporation, added:
We are thrilled to collaborate with Removall on this significant venture, and we are genuinely excited about what we can achieve together. This partnership aligns perfectly with Sumitomo Corporation’s commitment to sustainability and our goal to contribute to nature-positive and our corporate message ”Enriching Lives and the
World”. By investing in high-quality carbon projects like Mozblue, we are not only supporting ecological restoration but also enhancing our capabilities to deliver impactful environmental solutions on a global scale. We deeply appreciate Removall’s expertise in carbon credits, which will enable us to make an even greater impact”.
Removall is a certified carbon project developer that helps companies and organizations meet their climate goals. They enable them to support, fund, or invest in high-quality carbon projects that deliver real environmental impact.
Flagship Investment: Africa’s Largest Mangrove Restoration Project
Summit Removall’s first big investment is MozBlue Phase 1. This project begins Africa’s largest mangrove restoration project in Mozambique. Developed by Blue Forest and Removall, it aims to restore 5,116 hectares of mangrove forests.
-
MozBlue Phase 1 began operations in November 2024.
-
It expects to generate about 2.5 million tons of blue carbon credits over 40 years.
-
The project will use CCB and VCS VM0033 methods. This will help meet high environmental and social standards.
Mangroves are highly effective carbon sinks. They absorb more CO₂ than tropical forests. They also protect coastlines, support biodiversity, and improve local water quality.
-
In an EXCLUSIVE INTERVIEW with Jérôme Beilin, CEO and Co-Founder of Removall, he has shared his valuable insights with CarbonCredits.com
CC: What strategic goals do Removall and Sumitomo Corporation aim to achieve through the creation of Summit Removall?
Jérôme Beilin: Removall and Sumitomo Corporation both aspire to become key carbon markets players in the coming years.
Removall, as a project developer, investor, and carbon credit retailer working with premium corporate end-users, intends to grow its investing capacities thanks to Summit Removall, and develop its commercial presence in Asia.
Thanks to this joint venture, Removall will grow its existing portfolio of 6 projects through a portfolio of 15+ projects in the next couple of years.
Sumitomo Corporation is willing to enter the carbon markets with investments in top-quality, high-integrity, and rare blue carbon projects, as well as securing premium carbon credits for their customers across several industries.
The platform’s goal is to invest in multiple international projects that deliver significant medium- and long-term carbon removal from the atmosphere.
CC: Why was the MozBlue Project in Mozambique chosen as the first investment?
Jérôme Beilin: MozBlue was chosen as the first investment for this Joint Venture between Removall and Sumitomo Corporation for several reasons:
First, this is the 1st phase of the largest mangrove restoration initiative in Africa, with 5 200 hectares to be restored in the 1st phase, but more than 40 000 hectares potential. And we are looking for mangrove restoration at scale.
Second, the project is led by Blue Forest. Blue Forest is a pioneering developer of community-led ecological mangrove restoration projects in Africa and around the world. The UAE-based company specializes in large-scale initiatives and aims to restore natural ecosystems while generating co-benefits for local communities and creating long-term value.
Indeed, the MozBlue project is developed by Removall together with Blue Forest and a very strong consortium of partners such as the Mozambican branch of Eden Reforestation (a US based NGO specialized in ecosystem restoration with a solid expertise on mangrove restoration), Silvestrum (a US based environmental consulting firm having developed the VCS mangrove methodology VM00033), Terra-Firma, and Avante, two Mozambican consulting firms experts in community-based approach and local communities engagement.
CC: What makes mangrove restoration a compelling climate solution?
Jérôme Beilin: Mangroves are among the world’s most effective carbon sinks, playing a crucial role in the fight against climate change. They absorb significantly more CO₂ than tropical forests, making them vital for climate change mitigation. Additionally, mangroves support biodiversity conservation and provide essential benefits to local communities.
Despite their importance, only a small fraction of the approximately 5,400 certified carbon credit projects worldwide focus on mangrove-related carbon sequestration with biodiversity co-benefits.
By investing in Mozambique’s MozBlue Project — the largest mangrove restoration initiative in Africa — Removall and Sumitomo Corporation are helping to expand the supply of rare blue carbon credits.
The MozBlue project will deliver such co-benefits. In addition to supporting the growing global market for decarbonization, these projects will also create employment opportunities for local communities involved in mangrove plantation, improve livelihoods, and contribute to nature-positive efforts such as providing habitats for living creatures and water purification.
CC: How will Summit Removall ensure the integrity and certification of the carbon credits generated from its projects?
Jérôme Beilin: The MozBlue Project is listed under the Verified Carbon Standard (VCS), using the most recent methodology for Blue Carbon Project: the VM0033 (Methodology for Tidal Wetland and Seagrass Restoration v2.1).
As the program shows incredible biodiversity and social impacts, the MozBlue Project will be double certified through an additional CCB certification (Climate, Community and Biodiversity).
This dual certification will establish the project as environmentally and socially responsible, providing transparency and accountability in reporting.
The quality of the project has been thoroughly studied by our expert team and through our risk management process.
Best-in-Class MRV methodology procedures (including remote sensing and field surveys) will be followed and will also be completed through regular field visits by our team. Regarding additionality, the project is developed in a Least Developed Country.
As for the carbon potential of the project, we use very conservative estimations to calculate the carbon credit emissions, including conservative assumptions on the project baseline. The project carbon curve and baselines, as well as the PDD, are done by the world best carbon expert for Blue Carbon projects. Moreover, Blue Forest is taking a very conservative approach on carbon calculations sheets which strengthen the project robustness.
CC: How will local communities in Mozambique benefit from the MozBlue Phase 1 project in terms of employment and ecosystem services?
Jérôme Beilin: In addition to its decisive environmental impact, the first phase of the project will create over 700 direct jobs and multiple indirect jobs, reaching over 50 local communities, representing more than people.
Through an innovative and ambitious benefit-sharing scheme, the project will also fund income-generating community activities such as the cultivation of alternative wood to mangroves, fishing, farming, livestock, and beekeeping.
CC: Looking ahead, what types of carbon removal projects and regions will Summit Removall prioritize for future investments?
Jérôme Beilin: Removall and Sumitomo Corporation are mainly looking for any Nature Based Solutions removal projects as of today. We can also evaluate carbon avoidance projects, especially on clean water access and clean cooking in emerging countries.
As we don’t have geographical restrictions, we are open to any geography. In fact, we are currently evaluating other investment opportunities in Africa, Asia, Latin and Central America.
Why Blue Carbon Projects Matter
Despite their benefits, mangrove restoration projects are rare in the carbon market. Of 5,400 certified carbon credit projects worldwide, only a few focus on mangroves. With increasing demand for blue carbon credits, which relate to ocean-based carbon removal, projects like MozBlue are essential.
By investing in this Mozambique initiative, Removall and Sumitomo Corporation are increasing the limited global supply of blue carbon credits. They are also:
-
Creating local job opportunities
-
Enhancing community livelihoods
-
Supporting endangered species habitats
-
Contributing to nature-positive climate action
- READ MORE: Taiwan Sets Massive Target of 700K-Ton Blue Carbon Reserve by 2030
Scaling Nature-Based Solutions Globally
MozBlue is just the beginning of this climate initiative. Blue Forest aims to restore and protect up to 155,000 hectares of mangroves in Mozambique in the coming years. Future phases will plant native mangrove species. This will help climate and biodiversity in the long term.
Summit Removall, Removall, and Sumitomo Corporation will look for high-quality, nature-based carbon credit investments worldwide. This joint platform will focus on projects that make high-quality carbon removal credits. These credits will be sold to companies in Europe, Asia (like Japan), and the Americas.
Africa’s Growing Role in the Carbon Credit Market
In 2024, the global market produced about 290 million tons of carbon credits. Africa contributed 20%, or 59 million tons. By 2030, Africa could produce as much as 2.4 billion tons of carbon credits each year. This shows significant growth potential.
Thus, Removall and Sumitomo Corporation will work together in this growing market and tap every opportunity to boost the carbon credit market.
The post Removall and Sumitomo Team Up to Expand High-Quality Carbon Credits – EXCLUSIVE Interview with Removall CEO Jérôme Beilin Inside appeared first on Carbon Credits.
Most businesses that decide to act on their net-zero targets reach the same point of friction. Buying carbon credits has meant tracking down brokers, sitting through sales calls, and requesting a quote just to learn a price, sometimes with limited proof of what you are buying.
The earnings calls that quietly reframed climate from sustainability question to operating risk.
Three earnings calls in the last 18 months tell the story without any help from a press release.
Hershey, May 2024: cocoa price exposure compresses margin, and the company attributes part of the cost shock to West African weather. Olam, July 2024: coffee climate exposure quantified in the annual report. JBS, January 2025: supply chain climate disclosures expanded materially in response to investor pressure and regulatory expectation. None of these companies issued the announcement as climate news. They issued it as financial news. The climate-linked supply chain risk did not arrive with a sustainability framing; it arrived as a P&L line.
You are probably reading this article because you suspect the same thing is happening to your business. This piece walks through what is showing up on which earnings calls, how procurement and finance leaders are quantifying the exposure, and what serious corporates are doing about it before the regulator asks.
Where climate risk has already appeared in earnings
The pattern is consistent across resource-intensive sectors. A weather event compresses supply, the price spikes, the cost flows through the income statement, and the analyst on the call asks whether the event is anomalous or structural. Increasingly, the honest answer is the second one.
Cocoa is the cleanest example. The 2023 to 2024 West African harvest fell sharply on the back of erratic rainfall and disease. Cocoa futures more than tripled. Companies with concentrated West African sourcing absorbed the cost; companies with diversified sourcing absorbed less. The exposure was not climate as ESG topic. It was climate as cost of goods.
Coffee follows the same pattern. Brazilian and Vietnamese harvests have moved on weather more sharply across the last several seasons. Roasters with long-tenor supplier relationships and origin diversification have managed the volatility; roasters with spot-market exposure have not. Wheat, sugar, palm oil, beef: the same dynamic in different commodities, a pattern the IPCC AR6 Working Group II report projects will intensify across agricultural systems through mid-century.
What this means: climate risk is no longer a footnote in the 10-K. It is a line item the CFO has to explain on the call.
The three commodity exposures that hit margin first
For most companies with material Scope 3 exposure, three exposures dominate the near-term P&L risk.
- Concentrated single-origin sourcing in a climate-vulnerable region. If your tier-one supply for any material commodity sits in one geography, you have a concentration risk that climate amplifies. Diversification across origins is the obvious hedge, but it takes years to build and requires relationships you cannot acquire by tender.
- Supplier financial fragility under climate stress. Smallholder farmers, who supply a large share of the global cocoa, coffee, and palm oil market, do not carry the balance sheets to absorb yield shocks. When yields collapse, they exit. When they exit, your supply base shrinks, and the surviving suppliers raise prices. The risk is structural, not cyclical.
- Logistics and storage exposure to extreme weather. Hurricane disruptions to Gulf shipping, drought-driven Panama Canal restrictions, flooding in European inland waterways: each of these has moved input costs in the last three years, a pattern documented in Munich Re’s natural catastrophe data. The exposure shows up as a one-quarter event in the financial press but accumulates over time on the cost line.
TCFD and ISSB disclosure changes
The disclosure architecture has now caught up with the risk. The Task Force on Climate-related Financial Disclosures, whose recommendations are now embedded in the ISSB’s IFRS S2 climate standard, requires companies to disclose climate-related risks across physical and transition categories, with quantification where possible.
For physical risk specifically (the climate-linked supply chain risk you are reading about), the disclosure must address both acute exposures (extreme weather events) and chronic exposures (gradual changes in temperature, precipitation, and growing seasons). The disclosure must address the time horizon over which the risk is material, the parts of the value chain exposed, and the financial impact under different scenarios.
The CSRD imposes similar requirements under European law, with double materiality (both financial and impact materiality) embedded in the assessment. The practical effect: your auditors and your investor relations team now need a defensible answer to the climate-linked supply chain risk question, and the answer needs to be quantified.
What procurement and finance can do now
Three actions matter near-term.
Map your exposure. Most companies do not have a clear view of which tier-one and tier-two suppliers sit in which climate-vulnerable geographies. Without the map, you cannot quantify the risk, and without the quantification, you cannot disclose it credibly. The map is the foundation, and World Resources Institute climate risk research provides useful public tooling to start.
Diversify and deepen, in that order. Diversification across origins reduces concentration risk, but the deeper move is to invest in the resilience of the suppliers you already have. Regenerative practices, agroforestry, soil health interventions: these reduce yield volatility under climate stress and protect your input cost trajectory.
Embed the climate spend inside procurement, not outside it. Treating climate risk as a sustainability cost line subordinates it to the ESG budget. Treating it as a procurement and resilience investment puts it in the budget that matters, which is the cost-of-goods budget that the CFO defends quarterly.
Nature-based supply chain investments are the asset class designed for exactly this purpose. They sit inside the value chain, they reduce climate-linked supply risk, they generate verifiable Scope 3 reductions, and they produce the documentation an auditor and a regulator can both test.
If you are quantifying climate-linked supply chain risk in advance of the next earnings cycle or the next disclosure period, the carbon and sustainability experts at Carbon Credit Capital can help you map your exposure and structure a Dual-Value Model response that addresses reduction, resilience, and disclosure-readiness in a single program. Schedule a consultation.
More and more small and medium-sized businesses are hearing the same question from their larger customers: What is your carbon footprint? That question now travels down entire supply chains, and it arrives next to tender requirements, certification criteria, and rising customer expectations.
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy11 months agoSending Progressive Philanthropist George Soros to Prison?
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits