CHAR Portfolio Retirements

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CHAR portfolio retirements are now available and Puro.earth is the first to retire credits using the CHAR portfolio

You can now retire across CHAR’s entire inventory with a single transaction and at a transparent, open-market price. Easy and transparent diversification allows buyers to spread their risk efficiently. Retiring CHAR as a portfolio also supports a wide range of biochar projects under Puro.earth.

CHAR was launched in March this year as the first standardized instrument in the CDR market. CHAR allows for the instant sale and purchase of biochar carbon credits certified under Puro.earth. CHAR’s price is transparent and fluctuates based on supply and demand, similar to how stocks and other advanced markets are traded. It aims to increase transparency and efficiency in the CDR market.

We believe a successful CDR market will require broad corporate participation. Many corporations do not have large sustainability teams or the resources to execute large transactions. If a corporate buyer wants to execute a smaller transaction it can be hard to access credits and they will have to incur heavy markups - increasing their barriers to entry. CHAR and its new portfolio functionality democratizes access to the CDR market.

We also believe that a successful CDR market requires the broad support of suppliers and project developers. Retiring a portfolio of biochar credits ensures that buyers are supporting the general biochar market.

Puro.earth is the first to retire credits using the CHAR portfolio. They retired credits across five great biochar suppliers to neutralize their residual operational emissions:

Oregon biochar solutions

Wakefield Biochar

Concepcion 1

American Biocarbon

BC Biocarbon

“Neutral and the CHAR portfolio help reduce the friction in engaging with the carbon market. With all biochar carbon credits independently verified, buyers can easily acquire a well-balanced, high-quality portfolio”, said Antti Vihavainen, CEO of Puro.earth.

If you’re a corporate offsetter, a marketplace, or an intermediary that would like to retire CHAR or integrate it into your offering - please reach out to us in the comments or via email ([email protected]).

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