Climate Vault Launches RFP To Stimulate Carbon Dioxide Removal Technology
Climate Vault, an award-winning non-profit that reduces and removes carbon emissions, launched its first Request For Proposal (RFP) of 2023 to identify, assess, and award funds to emerging carbon dioxide removal (CDR) technologies. Climate Vault’s grant funding seeks to stimulate the growth and development of innovative CDR technologies that are helping make net negative emissions possible. CDR projects aim to remove historical carbon emissions from the atmosphere and safely store the carbon long-term so that it cannot continue exacerbating the climate crisis. Many innovative carbon removal technologies are currently in development and show promise for massive environmental upside.
Source: businesswire