Milkywire announced it has finalized pre-purchase agreements for more than 12,500 tonnes of durable carbon removal credits from 19 suppliers across 15 countries. The diverse portfolio, underwritten in part by Salesforce, spans six distinct carbon removal pathways, highlighting the promise of the multiple pathways within the industry.
The agreement comes at a time of slowing investments in the sector and shortening runways for commercial liftoff. Early-stage commitments like this aim to accelerate technologies that have yet to attract large-scale buyers, despite their ongoing integration into the voluntary markets.
The purchases, underwritten in part by Salesforce as part of its First Movers Coalition pledge, are intended to funnel early capital into promising but immature technologies that often struggle to secure buyers focused on today’s volume.
A range of projects are included, such as community-led biochar production tied to ecosystem restoration and novel wet waste-based carbon capture processes. The portfolio also incorporates next-generation direct air capture advances alongside approaches that yield environmental co-benefits like improved soil health and reduced pollution.
Diverse winners
The largest allocations in the portfolio went to Interholco AG, PyroCCS and Carbonsate, underscoring Milkywire’s focus on suppliers that pair scale with durability. Interholco AG accounted for just over 2,000 tonnes through its long running work in tropical forestry and biomass storage, leveraging established land management operations to lock away carbon over long time horizons.
PyroCCS followed with roughly 1,350 tonnes tied to biochar based carbon capture projects that integrate local waste streams and ecosystem restoration, particularly in emerging markets where community participation is central to deployment. Flo Oberhofer, Chief Operating Officer of PyroCCS GmbH, has previously shared that by the end of the decade, they intend to scale operations in Namibia to over 400 plants.
Close behind was Carbonsate, with more than 1,300 tonnes linked to mineralization processes that convert captured carbon into stable solid forms, a pathway seen by researchers as offering high permanence if it can be scaled economically. Together, the three suppliers represent a cross section of biological and mineral approaches that Milkywire and Salesforce appear to be prioritizing as anchors for future growth.
A consistent approach
This is not the first round of purchases the pair has organized together. Roughly a year ago in December 2024 Salesforce committed about $5 million to Milkywire’s Climate Transformation Fund to pre-purchase durable CDR credits and help catalyze early-stage carbon removal solutions.
Now Milkywire is simultaneously launching a new call for durable carbon removal proposals and plans additional catalytic purchases with Salesforce in 2026 with details to be released in the coming next week.
Despite the recent slowdown broader market forecasts suggest the durable carbon removal sector could grow from a nascent niche into a multi-billion dollar market over the next decade as corporate net-zero strategies increasingly emphasize permanent removal over traditional offsets though critics caution that scaling many emerging CDR technologies will require rigorous validation and a more patient approach.
Read more: Milkywire Catalyzes CDR With 15 New Purchases And 3 Grants
Source link
