FIGURE 4 CDR distribution (number of projects) across development stage, by CDR pathway
most remain at the pilot stage. Biochar is the Most CDR projects are in the pilot stage, with fewer most commercially mature pathway, with the has the highest number of projects overall, although largest number of projects at commercial scale. This distribution is mirrored in market dynamics. successfully executed by suppliers, highlighting distributed across smaller facilities. In contrast, Biochar, as a more mature pathway, leads Exergi lead in sales as individual companies, marketplace), reflecting its established supply facilities to deliver high-volume removals. chains, lower production costs and scalability. Meanwhile, DAC suppliers, led by Climeworks and Svante, have attracted the largest investments. technologies such as DAC and ERW, which rely more on prepayments to finance scale-up. development to commercialization, assessing their Emerging pathways, such as DAC, often sell long project timelines, resulting in a much higher sold-to-delivered ratio (750:1). This underscores to buyers, indicating the pathway's scalability Volume sold: Captures buyer commitments,