– European Commission
Removing several hundred million tonnes of CO2 out of the atmosphere will become increasingly necessary every year.
Why carbon removal?
The world faces an urgent need to stop the increase of atmospheric greenhouse gas (GHG) levels and their devastating impacts on climate change. To address these challenges, the Paris Agreements, under the UN Framework Convention on Climate Change (UNFCCC), have been effective since 2016. However, merely reducing emissions is insufficient to attain those objectives. The Oxford Principles and other global initiatives propose the adoption of carbon dioxide removal (CDR) as a crucial strategy for realizing the world’s climate goals.
Video: Let’s Double Nature, the 1500 Gigaton challenge. By Jeppe van Pruisen. Voice Philippa Collin.
What is carbon removal?
Carbon dioxide removal (CDR) refers to approaches that remove carbon dioxide (CO2) from the atmosphere. This happens through a wide array of approaches, including soil carbon sequestration, biomass carbon removal and storage, enhanced mineralization, ocean-based CDR, reforestation, etc.
United Nations (IPCC) Carbon Removal Taxonomy
Oncra exclusively concentrates on natural removal approaches, often incorporating human ingenuity, also known as ‘NatureTech.’
What is carbon removal accounting?
Carbon removal accounting is the measurement, reporting and verification (MRV) of carbon dioxide removed from the atmosphere. Rigid measurement-based accounting enables removers to safely issue and sell removal credits, helping them run and expand their removal operations. Oncra empowers small and medium-sized carbon removal entities to enter the carbon market through its straightforward and affordable approach. In doing so, Oncra fosters distributed scaling of those much-needed nature-based carbon removal projects.