Google's Holocene Initiative: UNDO's Groundbreaking Carbon Removals Deal with British Airways and Standard Chartered
Wednesday, 11 September 2024, 16:05
Google's Partnership with UNDO
In a striking move that sets a precedent in environmental finance, Google has aligned with UNDO to promote effective carbon removal through enhanced rock weathering.
Understanding Holocene Technology
Holocene technology marks a significant advancement in carbon capture, leveraging natural processes to neutralize CO2 emissions.
Key Players in Carbon Removals
- British Airways
- Standard Chartered
- CFC
Structured Financing for Sustainability
The innovative debt financing deal and offtake agreement are aimed at scaling UNDO's carbon removals activities, thereby reaching substantial reductions in carbon footprint.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.