Are you a charity organisation?
We are not a charity. We believe in social entrepreneurship, i.e in enabling people to actually earn their living by doing socially engaging good things.
Where does my money go?
A very good question since many players, in our opinion, do not go about this matter in a good way today. We have chosen to think a little differently than most others. We want what you pay for to make a real difference now, not in a few years. And what better than investing in innovative projects that actually remove CO2 from the atmosphere.
Why take down carbon dioxide from the atmosphere?
A relevant question, and just a few years ago some of us didn´t even know it was possible to do something like that. To explain it simply, in order for us to reverse the negative climate trend with global warming as a result, we must both slow down carbon dioxide emissions into the atmosphere but also reduce excess CO2 from it. In other words, both ways are needed, and both are equally important.
What does Removement really do?
Simply put, there are many companies today that focus on climate compensation, which is awesome, it is needed! However, we saw a gap in companies that promote initiatives that take down carbon dioxide from the atmosphere. This is something that will also be required. There are a numerous of initiatives that do this, however, the demand is very low, depending on several factors. We have therefore chosen to gather various initiatives in our portfolio to help “create” a demand in different promising areas, all in different phases of their development where some show great potential today while others show enormous potential for the future.
Why should I use Removement if I want to help slow down global warming?
We want to answer, with us you know your contribution will make a real difference today. So we answer just that, but everyone else does aswell, and unfortunately it has not historically meant that they have necessarily done so. So you should use us for the above mentioned reason, as we really believe transparency is key if you are engaged in this industry. But also because we are unique as we only work with partner companies that remove carbon dioxide, an industry that today is expensive and poorly marketed. It needs all the help it can get to create a demand as these solutions will be needed long term to reach neutral, or even better, negative net emissions.
How do you know your partners are taking down the amount of carbon dioxide they say they are taking down?
A good question and since the industry is so new, there are no standards and certifications that exist in, for example, climate compensation, such as the UN's “Gold standard” or similar. What we require is that it is verified by an independent third party that the process is really CO2 negative.
All our suppliers for CO2 removal are taken through a detailed process to confirm that their services are indeed carbon dioxide negative and that they follow current standards for carbon removal, such as additionality. In assessing this, we analyze the entire life cycle and request scientifically developed quantification of the CO2 taken down and the duration of its storage.
To be sure of the quality of the method and the projects, we also require that each supplier presents an independent verification from a third party that the process is really net CO2 negative according to what is stated in the application, that the amount of stored carbon is calculated correctly and that the solution shows acceptable duration with reasonable certainty.