The UN and IPCC accept that carbon dioxide removal (CDR) will be essential to meet climate targets. As world leaders meet in New York for Climate Week, the pressing issue is funding. Bloomberg's Alastair Marsh explores the gap between climate goals and the financial mechanisms needed to scale up removal projects like direct air capture and biochar. This article raises the core question for carbon markets: without clear payment models, how do CDR projects get financed? It highlights the tension between voluntary market demand and government-backed incentives. For anyone tracking carbon credit supply or policy signals, this is a key read on where the sector might be heading.
