As companies increasingly adopt carbon dioxide removal (CDR) technologies to achieve their sustainability and climate targets, the need for rigorous oversight and standards has become more pressing. To address this, the newly launched Carbon Removal Standards Initiative (CRSI) seeks to develop and promote effective standards for carbon sequestration efforts.
The initiative emerges amidst a backdrop of significant investment in CDR by major tech companies and growing concerns about the credibility of these technologies.
The Push for Carbon Removal Credibility: What’s at Stake?
Carbon removal emerges as a crucial element in combating climate change, particularly as businesses strive to meet net zero goals. Despite its importance, the industry faces significant challenges in scaling up to meet future needs.
The Carbon Removal Standards Initiative is designed to fill a critical gap in the current landscape of carbon removal technologies. With CDR encompassing a range of methods—such as industrial facilities that filter CO2 from the air or seawater—there is a risk that these technologies may not deliver the promised environmental benefits.
For instance, while industrial-scale CDR facilities can sound promising, they often require substantial energy inputs. Plus, the captured carbon could potentially be used to produce more fossil fuels, undermining the intended climate benefits.
The lack of standardized oversight raises concerns about the effectiveness of these carbon removal methods. This is where the new CDR initiative comes in.
The CRSI, led by Anu Khan, former science and innovation director at climate NGO Carbon180, seeks to address the growing need for rigorous standards in CDR. As an independent nonprofit, it seeks to bolster the credibility and effectiveness of CDR efforts by providing technical assistance and capacity building specifically around quantification standards. Its work is founded on these three essential realizations:
- Carbon removal is a public good.
- Carbon removal supply and demand will be policy-driven.
- Solutions will fit into a range of regulated industries, from agriculture and mining to construction and waste management.
Instead of creating its own guidelines, CRSI focuses on providing technical assistance to entities working on carbon removal policies.
The Role of CSRI in the CDR Industry
One key feature of CRSI is its commitment to being a nonprofit organization that does not accept corporate donations or rely on the sale of carbon credits from CDR projects. This independence is to ensure that CRSI can provide unbiased, reliable guidance on carbon removal standards.
According to Anu Khan:
“I think it’s a really promising conversation… But for all of these policies, we need to make sure that they are actually measurably, quantifiably drawing down carbon.”
This perspective reflects a growing recognition that carbon removal efforts must be independently validated to ensure genuine climate benefits. Such a much-needed standard becomes more crucial with the increasing involvement of major tech companies and investment groups in CDR.
Tech giants, including Alphabet (Google), Meta, Microsoft, Shopify, Stripe, and more are investing heavily in these initiatives. They’ve launched Frontier which connects CDR projects with interested buyers. These efforts highlight the market’s growing demand for credible carbon offsets.
Current CDR Industry Status
Currently, the carbon removal sector is still developing, with limited uptake among companies. Of nearly 6,000 businesses with Science-Based Targets, only 32 have purchased carbon removal credits in 2023.
However, in the same period, the number of carbon removal credits sold surged dramatically, increasing 650%. According to CDR.fyi, a non-profit aggregator, credit sales jumped from 800,000 tonnes at the end of 2022 to over 5.2 million tonnes by the end of 2023. This rise in activity culminated in more than $2.1 billion in carbon credit purchases for the year.
Forecast CDR Demand
For long-term carbon removal projections, the lowest estimates suggest that billions of tonnes will be required by 2050. According to BCG’s analysis, the carbon removal market will be driven primarily by voluntary demand from large corporations. They project that demand for durable carbon removal will range from 40 to 200 million tonnes per year by 2030, with a market value between $10 billion and $40 billion.
By 2040, demand could rise to 80 to 870 million tonnes per year, translating to a market value of $20 billion to $135 billion.

In the high scenario, demand could reach 200 to 870 million tonnes per year by 2030 to 2040, with a market value of $40 billion to $135 billion. These projections underscore the significant investment and scaling efforts needed to meet future carbon removal requirements.
When it comes to prices, the averages per method worldwide in 2022 and 2023 are as follows, according to Statista.

2024 and Beyond: What’s Next for Carbon Removal?
Reflecting on 2023’s breakout year for carbon removal, it’s evident that 2024 is poised for even greater achievements. Policymakers are starting to catch up with the rapid development of carbon removal technologies.
The European Union, for example, is working on the first certification framework specifically for carbon removal technologies. Meanwhile, CRSI’s efforts represent a critical step in creating a foundation for evaluating and regulating these emerging methods.
The surge in market momentum and demand for high-quality carbon credits, combined with supportive policies and the rise of innovative startups, sets the stage for yet another groundbreaking year ahead in carbon removal. As the industry grows, Carbon Removal Standards Initiative’s role will be vital in ensuring that these technologies contribute effectively to climate goals.
The post Why Standards Matter: The CRSI’s Role in the Carbon Removal Boom appeared first on Carbon Credits.
Carbon Footprint
The Strategic Case for Nature-Based Carbon Investments
Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.
1. Define the sourcing problem before choosing a project
Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.
This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.
CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.
2. Develop nature-based carbon investments around the actual supply chain
The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?
Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.
Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.
The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.
3. Compare the proposal with other ways to protect supply
WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.
The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.
The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.
The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.
4. Establish what the carbon outcome could count toward
Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?
Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.
SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.
For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.
Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.
5. Build a financial case that survives weaker assumptions
Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.
Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.
Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.
A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.
6. Fund a pilot with a clear expansion decision
Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.
Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.
Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.
This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.
Discuss a sourcing opportunity with CCC
Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.
Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.
Sources
- Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
- World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
- Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
- United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
Carbon Footprint
How to buy plastic credits, and what to check before you do
A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.
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Carbon Footprint
EU carbon credit claims after 27 September 2026
EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.
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