Article

Government as Catalyst: Strategic Financing Paths for Scaling Carbon Dioxide Removal

While the VCM is expected to grow significantly - up to $80b by 2030 according to McKinsey and up to $135b by 2040 according to BCG - the large majority of financing to scale CDR will have to come from the government. In this article, Sebastian Manhart presents the main policy options available to finance and scale CDR and proposes a framework to compare them. There is no silver bullet here: smart policy will utilize a number of policies, tailored to the needs of each country’s economy, experience, and geology.

April 9, 2024