The deal demonstrates that institutional capital is now flowing into proven, verifiable carbon‑removal solutions, accelerating climate‑tech deployment and supporting corporate net‑zero pathways.
The carbon‑removal market is moving from pilot projects to commercial scale, and financiers like Altitude are at the forefront of that transition. By committing more than 360,000 tonnes of CO₂ Removal Certificates from Alcom, Altitude pushes its cumulative procurement past the 720,000‑tonne milestone, marking one of the largest single‑off‑take deals recorded. Such volume not only validates the economic viability of bio‑char‑based solutions but also signals to investors that large‑scale CDR can be integrated into corporate climate strategies without sacrificing rigor or traceability.
Alcom’s bio‑char facilities convert waste biomass into stable carbon, locking CO₂ in a solid form that can endure for centuries. The process simultaneously addresses waste management challenges while producing a market‑grade product that can be applied to soils, improving fertility and sequestering additional carbon. Independent verification through Puro.earth adds a layer of credibility, ensuring each certificate meets stringent permanence and traceability standards. Operating in the Philippines and India, the projects also generate local employment and stimulate ancillary industries, illustrating how climate mitigation can dovetail with socioeconomic development.
The Altitude‑Alcom deal sends a clear market signal that institutional buyers are ready to fund proven CDR pathways at scale. As corporations tighten net‑zero commitments, reliable carbon‑removal credits become a critical component of their compliance portfolios, complementing emissions reductions and offsets. The partnership also showcases the role of third‑party registries like Puro.earth in de‑risking transactions, which could accelerate further capital inflows into bio‑char and other nature‑based removal technologies. In the longer term, such large‑scale procurement may drive cost reductions, making carbon removal more accessible for a broader range of enterprises.
Image: Altitude and Alcom partner for +360.000t CORCs in the Philippines and India, with Altitude, ALCOM and Puro logos
Altitude, the world‑leading carbon‑dioxide‑removal (CDR) financier, has significantly expanded its purchases by partnering with Alcom for more than 360,000 t of CDRs. Altitude has now crossed 720,000 t of CDRs in total procurement. In one of the largest individual off‑take agreements to date, Altitude is procuring over 360,000 tonnes of CO₂ Removal Certificates (CORCs) from Alcom’s bio‑char‑based carbon‑removal facilities in the Philippines and India. These credits will be issued through Puro.earth, ensuring independent verification, traceability, and long‑term permanence.
Alcom Founder & CEO Prateek Tiwari and Director of Carbon Siddharth Kaul emphasized that this partnership accelerates the deployment of high‑quality CDR capacity, bringing long‑term climate benefits while creating local economic value. Through the shared projects, bio‑char carbon removal locks CO₂ into a solid form while positively treating waste biomass and creating economic benefits through its application.
Image: Purchasers Leaderboard of organizations and their tonnes purchased – Microsoft on top with 34,505,472 t, followed by Frontier Buyers with 1,762,356 t, Google #3, Altitude #4, JPMorgan Chase #5, Airbus #6, Equinor #7, Amazon #8, BCG #9, and NextGen CDR #10.
Alcom is a pioneer and one of the world’s leading bio‑char project developers, with a proven track record of building and delivering on growth ambitions. Altitude has established itself as a top CDR buyer globally (see the CDR.fyi purchaser leaderboard) and is therefore significantly contributing to scaling up large‑scale CDR.
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