In the quest to address climate change, companies are becoming increasingly aware that in addition to decarbonizing their operations and value chain, carbon dioxide removal (CDR) must be part of any net-zero strategy.
As companies increasingly recognize the necessity of carbon dioxide removal (CDR) in achieving net-zero emissions, alongside decarbonizing their operations, this article explores the strategic value of a diversified CDR portfolio.
The CDR industry, while crucial, is still emerging, characterized by numerous small technology developers in early stages of development, making investments feel risky. By strategically diversifying their investments across a range of promising CDR technologies and projects, companies can mitigate risks, enhance climate impact, and unlock significant business value.
This guide emphasizes that a portfolio approach is essential for maximizing climate impact, ensuring adaptability to market and policy changes, and effectively meeting the diverse CDR needs and budgets of organizations. It highlights how early investment in a diversified CDR portfolio can drive the scale-up of the CDR industry, provides access to various co-benefits across environmental, social, and economic domains, and secure favorable commercial terms.