Puro Accelerate helps new carbon removal projects secure funding through two main instruments: Advance Market Commitments and Pre-CORCs.
Commitments to buy CORCs at a future date at a pre-agreed price. Suppliers can use these contracts to help secure debt and equity financing.
Buyers can use offtakes to secure first rights to the most innovative new projects while actively enabling the growth of the ecosystem.
A Pre-CORC is a prepaid and tradable certificate that represents validated projections of future carbon removals. Upon verification of the removals, Pre-CORCs are converted into CORCs. Pre-CORCs enable prepayments for future carbon removals, making suppliers less dependent on more expensive forms of financing. Buyers benefit from a discount and greater flexibility as Pre-CORCs are tradeable.
Sign up or login | ||||||
---|---|---|---|---|---|---|
Project Name | Country | Methodology | CORC Price | Pre-CORC Price | Available tCO2e | |
High Hopes Labs – Aim higher. | Southern USA (TBC) | Direct Air Capture | 400 € | 260 960 | ||
Project Hummingbird | Kenya | Direct Air Capture | 460 — 910 € | 9 600 | ||
Scotia BioChar Inc | Canada | Biochar | 125 € | 13 600 | ||
Carbon Neutral Initiative Enhanced Rock weathering | Suriname ( South America) | Enhanced Rock Weathering | 495 € | 548 | ||
RWS Tantanoola 1 | Australia | Biochar | 125 € | 5 332 | ||
Standard Biocarbon Corporation - Maine Biochar, Plant Phase 1 | USA | Biochar | 130 € | N/A | 12 000 | |
Edgewood Biorefinery | Canada | Biochar | 121 € | N/A | 88 000 | |
Inkan Negro | Peru | Biochar | 145 € | N/A | 24 600 | |
Cleaning up Puerto Rico by BRi | Puerto Rico | Biochar | 260 € | N/A | 8 080 | |
Biochar production on Yale First Nation | Canada | Biochar | 190 — 200 € | N/A | 4 640 |
I already have an online account AND I have signed the Puro.earth Platform Agreement.
LOG IN TO COMMITI would like to create a Puro.earth account and sign the Platform Agreement.
CREATE ACCOUNT