CDR Activity Summary Jun 5, 2026

May 2026 marked a public-sector-led phase of CDR market activity, with grants driving both capital deployment and deal flow. UK DESNZ-backed funding supported a broad set of engineered removal pathways, including BECCS, DAC, BiCRS, marine CDR, and enhanced weathering. Private capital remained active through equity rounds for Applied Carbon and CREW Carbon, but government funding shaped the month’s investment landscape.

CDR offtake volumes declined from ~3.2M tonnes in April to ~1.4M tonnes in May, but disclosed demand remained concentrated in durable removals. BECCS accounted for the full reported offtake volume, led by Microsoft’s 650,000-tonne agreement with BioCirc and the City of Stockholm’s 750,000-tonne purchase from Stockholm Exergi. These deals strengthened BECCS’ position as a key pathway for large-volume, long-duration CDR procurement.

On the registry side, issuances held at ~0.98M tonnes, while retirements declined to ~0.74M tonnes. Activity remained concentrated in nature-based removals, with Afforestation/Reforestation and soil-based pathways leading both issuance and retirement volumes.

On the project front, this month, BURN Announces Authorization from DRC to Sell ITMO Credits to International CORSIA Scheme.

Verra Expands VM0045 Improved Forest Management Methodology Beyond United States through New Public Consultation. Vallourec and Syngular Solutions Sign a Memorandum of Understanding to Accelerate the Development of Bioenergy with Carbon Capture and Storage Projects.