Chris Stephenson

Analysing opp's for climate and nature finance that deliver real, lasting benefits to ecosystems & communities. ☼

[Chris Stephenson @stopheles]

it's been a while since I used X (formerly Twitter) but given a new work role, I will be more active. Excuse any weird retweets over past year. I had a security incident with Linkedin and Twitter was also seemingly hacked. All good now I hope!

[Chris Stephenson @stopheles]

@fplblackbox_az @fplblackbox_az
Az, you chuckled at
@FplMode
for his Muniz pick. There was 13 there...

[cdr.fyi @cdr_fyi]

"An unprecedented look at unprecedented GROWTH"

Today we're dropping the most comprehensive https://t.co/5DYVuAVbgw report yet...

📈 https://t.co/5DYVuAVbgw 2023 Mid-Year Progress Report 📈

2023 is shaping up to be a BIG year for carbon dioxide removal:
- 3.3M tonnes purchased
- 34k tonnes delivered
- pacing for 10x growth v. '22

AND YET the market is only a fraction (~0.04%) of where it needs to be to achieve climate targets

Highlights below, or check out the full report here: https://t.co/xxImckXrEl

First, some context on the report...

https://t.co/5DYVuAVbgw is the largest open data platform dedicated to high-permanence CDR monitoring.

The Mid-Year Progress Report explores 2023’s progress in the high-permanence carbon dioxide removal market thru the first half of this year.

Now, for some key learnings:

Purchases 💸
- The first half of 2023 has been a defining period for the carbon removal market
- Purchases soared to approximately 3.4M tonnes
- Strong growth of 4.4x in H1, compared to *full-year 2022*
Deliveries 📦
- Despite the soaring purchases in 2023, delivery of CDR lags
- 33,636 tonnes have been delivered in 2023, pacing slightly ahead of the same period 2022

Top Suppliers
Top suppliers by deliveries include @use_biochar, @CharmIndustrial, @carbofex,

Check out the full report for more insights, including Top Purchasers, Marketplaces, Pricing, Delivery Timelines: https://t.co/xxImckXrEl

Many thanks to the writers & contributors of this report: @RobertHoglund @n2parko @kohzy @alexrink @laurenegce @TanksonChen @jlfwong

And to the many CDR suppliers, purchasers, and friends who inspire us along the way...and make carbon removal an amazing corner of the climate world: @nanransohoff @reinpk @orbuch @laurenmhreeder @ShanuMathew93 @jasonclimateguy @BrosForDecarb @KetanJ0 @joannaklitzke @nickvanosdol @PeterMinor @will_palmisano

[Dr Claire Mills @dr_clairem]

Deeply saddened to hear of the tragic and horrific passing of Simon Flynn yesterday in Cornwall. A truly inspirational teacher and role model. RIP 😪