Carbon dioxide removal lags as scientists warn of investment shortfall | carboncredit.io
manilatimes.netA conference in Milan this week highlighted that carbon dioxide removal (CDR) is growing too slowly to meet climate goals. Researchers say interest and funding have dropped since 2024, partly due to political shifts and global conflicts. Current CDR efforts remove only about 5 percent of annual CO2 emissions, and nearly all of that comes from tree planting, which is now stagnating due to land competition. Newer methods like biochar and direct air capture remain expensive and tiny in scale. Most removal technologies cost over $200 per tonne of CO2, far above current carbon prices. Scientists stress that cutting emissions remains the priority, but scaling up CDR is still necessary for residual emissions. The report presented in Milan calls for billions in investment over the next few years to avoid falling further behind.
