In this episode, Ross and Siobhan are joined by Ongeleigh Underwood and Nikki Batchelor to delve into the newly released report from the Circular Carbon Network, an initiative of XPRIZE. The report provides valuable insights into the state of the Circular Carbon Market, addressing crucial questions such as who is building Carbon Dioxide Removal (CDR) projects and who is funding them.

The conversation explores the role of XPRIZE in fostering market growth and collaboration, and examines how companies have evolved since the last carbon-focused XPRIZE, which is when the report started gathering data. Ongeleigh and Nikki shed light on the partnerships formed by companies to complete the carbon removal process and discuss whether Direct Air Capture (DAC) is having a moment.

Listeners gain valuable insights into the current state of the market, funding trends, technological advancements, and the role played by XPRIZE in driving innovation. If you haven’t yet, read the full report here!

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Resources

Circular Carbon Network

Circular Carbon Network’s state of the market report 2022

Deal Hub

XPRIZE Foundation

$100 million prize for carbon removal