Carbon Dioxide Removal Technologies 2026

Buyer type Top buyers No. of buyers Total tonnes purchased to date Average tonnes/buyer Technology, media, telecomMicrosoft, Amazon, Shopify33 7,024,155 212,853 Coalitions and foundationsFrontier, NextGen, Climate Cent Foundation8 701,090 87,636 Aerospace, travel, automotive and tourismAirbus, Boeing, All Nippon Airways8 506,003 63,250 Financial, insurance and consultingBoston Consulting Group, JP Morgan Chase, UBS50 440,870 8,817 Consumer productsH&M Group, Polaroid, Moomin Characters9 15,169 1,685 Healthcare accuRx, Bayer, Thermo Fisher5 2,906 581 Industrial goods and energyLilac Solutions, Öresundskraft2 1,574 787 Summary view of CDR buyers TABLE 7 Summary view of CDR buyers FIGURE 13 Global CO2 removal purchases 2024, by company (tonnes) Millions of tonnesMicrosoft Frontier Buyers Airbus Amazon NextGen Boston Consulting Group Shopify Swiss Re JP Morgan Chase Boeing8,205,103 0 1 2 3 4 5 6 7 8 9505,265 400,000 250,000 193,125 141,554 102,746 86,392 72,700 62,000 Description: Microsoft has purchased more than 8.2 million tonnes of CDR, making it the world’s the largest buyer of CDR credits. It signed the largest- ever CDR deal with Swedish energy company Stockholm Exergi in May 2024, a 10-year agreement to remove more than 3.3 million tonnes of CO2 from a BECCS plant. Microsoft had made the previous largest deal globally with the Danish energy company Ørsted. Notes: Worldwide; data as of August 2024. Source: CDR.fyi Carbon Dioxide Removal Technologies: Market Overview and Offtake 22