Imagine the earth has a fever and we need to vacuum the heat-trapping gases out of the air to cool it down. There are many different vacuum-like tools available, but we don't know which ones work best or where to put them. This work creates a master guide to help leaders pick the right tools and plan the rollout without breaking the bank or harming society.
Companies struggle to invest in carbon removal because they lack clear data on which technologies are cost-effective, scalable, and socially acceptable. This uncertainty creates a high risk of investing in stranded or inefficient assets.
An internal beta version of the UPTAKE Scenario Explorer and a harmonized inventory of carbon removal methods.
If you are a carbon credit developer dealing with uncertain pricing and risk, this project developed a harmonized inventory of removal methods that quantifies costs and effectiveness. This allows you to better predict the financial viability of different carbon removal assets.
If you are an industrial emitter dealing with strict net-zero deadlines, this project developed a roadmap explorer that identifies the most resilient removal strategies. This helps you select the most reliable technology to offset your remaining emissions.
If you are a sustainability advisor dealing with complex client decarbonization paths, this project developed a set of integrated assessment models. You can use these to provide science-based projections on regional deployment potential and cost-supply dynamics.
Based on available project data, the project is quantifying national, European, and global costs of various methods, but specific price points are not listed in the summary.
The project focuses on creating roadmaps and strategies specifically to enable the large-scale and sustainable upscaling of carbon removal methods.
Based on available project data, the project aims to generate an open and interactive CDR roadmap explorer, suggesting a focus on open access rather than restrictive licensing.
The project assesses governance and policy frameworks to establish regulations for sustainable rollout and ensure accountability in carbon removal.
The project period runs from 2023-09-01 to 2027-08-31, indicating that the final strategic roadmaps will be available by late 2027.
The consortium is heavily weighted toward research and academia, with 8 universities and 8 research organizations. However, it includes 21 partners across 11 countries, providing a broad geographic and technical base. The industry presence is lean at 10% (2 companies), suggesting the project is currently in a knowledge-generation phase rather than a commercial deployment phase.
Contact Fondazione Centro Euro-Mediterraneo sui Cambiamenti Climatici in Italy
Contact us to get early access to the CDR Scenario Explorer beta insights.
