CO2 capture capacity by DAC of planned projects worldwide from 2020 to 2030 BECCS capture capacity of operational and planned projects worldwide from 2020 to 2030FIGURE 8 FIGURE 9These projections rely on ClimeFi’s methodology, which combines reported production capacities from suppliers in their marketplace, anticipated project launches and optimistic assumptions about policy support, technological advances and funding mechanisms. Achieving these projections will also depend on addressing barriers such as high upfront costs for engineered solutions and the standardization of MRV frameworks to ensure credibility and market acceptance. BECCS is expected to surpass biochar by 2028, reflecting its increasing scalability, particularly as new projects come online. BECCS benefits from policy incentives and integration into existing bioenergy supply chains, while biochar remains constrained by feedstock availability. DAC is also projected to grow significantly by 2027–2028, driven by new deployments and continued advances in technology. The growth trajectories for engineered solutions – DAC and BECCS – highlight near-term scalability challenges, although BECCS is projected to ramp up faster. ClimeFi’s projections align with broader industry expectations, including those from the IEA, which anticipate a gradual scale-up of these technologies through 2028. 100 80 60 40 20 0 2020 2022 2024 2026 2028 2030 Advanced development Concept and feasibility Gap to NZECapture capacity in millions of tonnes of CO2 200 150 100 50 0 2020 2022 2024 2026 2028 2030 Under construction and advanced Feasibility and concept Gap to NZECapture capacity in millions of tonnes of CO2Description: As of 2024, some 130 DAC facilities were at various stages of development. Should all these projects advance, including those in the concept stage, DAC deployment would reach almost 65 million tonnes of CO2 per year by 2030. However, to get on track with the goal of NZE by 2050, DAC deployment will need to reach 80 million tonnes of CO2 per year by 2030. Notes: Worldwide; 2020–2024. Source: IEA Description: As of 2024, BECCS projects around the world captured about 2 million tonnes of CO2 per year. If projects at concept stage and in early and more advanced development advance, they are capable of capturing about 60 million tonnes of CO2 per year by 2030. This figure is nevertheless well short of the 190 million tonnes of CO2 each year required by 2030 if the goal of NZE by 2050 is to be achieved. Notes: Worldwide; 2024. Source: IEA Carbon Dioxide Removal Technologies: Market Overview and Offtake 16

Carbon Dioxide Removal Technologies 2026