Flowcarbon

During this week's CarbonSmart Conversation webinar “From Plans to Project Finance: Lessons for Carbon Removal Developers with Twelve and Fervo” we had an informative deep dive with experts Jimmy Chuang, Dawn OWENS, Madison Freeman, Martin Kessler and Caroline Klatt. These are our key takeaways from the conversation. 🔍 Lender Fit: Identifying lenders who understand your specific technology and business model is vital for project success. This tailored approach can lead to more favorable financing conditions. 🤝 Building Relationships: Strong relationships with lenders foster patience and understanding, which is essential for navigating the complexities of project development. 📈 Credibility Matters: Establishing credibility with potential investors is vital. It can significantly impact the willingness of lenders to finance projects at competitive rates. 🔗 Importance of Agreements: Comprehensive offtake agreements can serve as a financial safety net, unlocking further financing opportunities by demonstrating demand and revenue potential. ⚙️ Engagement with Validators: Collaborating with independent engineering firms and third-party validators is key to instilling confidence in your technology among investors and lenders. 🎯 TRL Alignment: Aligning your technology readiness level (TRL) with the right type of investor ensures that you are approaching those who are most likely to understand and support your project. 📚 Stakeholder Education: Continuously educating stakeholders about your journey not only builds trust but also enhances the likelihood of securing essential project finance. Want to watch the full session? Click the link! https://lnkd.in/eH8T6SGh

During this week's CarbonSmart Conversation webinar “From Plans to Project Finance: Lessons for Carbon Removal Developers with Twelve and Fervo” we had an informative deep dive with experts Jimmy Chuang, Dawn OWENS, Madison Freeman, Martin Kessler and Caroline Klatt. These are our key takeaways from the conversation. 🔍 Lender Fit: Identifying lenders who understand your specific technology and business model is vital for project success. This tailored approach can lead to more favorable financing conditions. 🤝 Building Relationships: Strong relationships with lenders foster patience and understanding, which is essential for navigating the complexities of project development. 📈 Credibility Matters: Establishing credibility with potential investors is vital. It can significantly impact the willingness of lenders to finance projects at competitive rates. 🔗 Importance of Agreements: Comprehensive offtake agreements can serve as a financial safety net, unlocking further financing opportunities by demonstrating demand and revenue potential. ⚙️ Engagement with Validators: Collaborating with independent engineering firms and third-party validators is key to instilling confidence in your technology among investors and lenders. 🎯 TRL Alignment: Aligning your technology readiness level (TRL) with the right type of investor ensures that you are approaching those who are most likely to understand and support your project. 📚 Stakeholder Education: Continuously educating stakeholders about your journey not only builds trust but also enhances the likelihood of securing essential project finance. Want to watch the full session? Click the link! https://lnkd.in/eH8T6SGh

Did you miss our Project Finance webinar this week? No worries. You can catch up on the conversation with our experts here! Thank you to our esteemed panel for sharing their insights. 📈 #projectfinance #sustainability #climate #carbonremoval #sustainablefinance #CDR

🌍✨ Reflecting on the European Biocarbon Summit ✨🌱 Our team participated in the European Blockchain Summit hosted by Hawkins Wright Ltd. The event convened a diverse group of European developers, corporates, biomass traders, and commodity specialists for two days of discussions, with expert panelists and substantive networking. Some of our big takeaways from the event include: 🌿 EU ETS Compliance as a Catalyst: The EU Emissions Trading Scheme (ETS) remains at the core of the European market, with carbon prices currently standing at around €70/tonne. Although the present prices may not be driving significant industrial decarbonization, the anticipated increase in carbon prices is expected to accelerate the adoption of decarbonization measures in the near future. 🌿 Rise of Biomass Solutions: Biomass-based technologies such as biochar, biocarbon, bio-oil, and syngas are rapidly gaining traction due to their cost-effectiveness, readiness, and scalability. These solutions offer direct substitutes for fossil fuels and are emerging as a primary choice for industrial decarbonization across a range of industries including steel, cement, chemicals, and transportation. 🌿 Harmonizing with EU Sustainability Goals: Biomass solutions are closely aligned with EU sustainability regulations, benefitting from the continual advancements in supply chains. With the surge in carbon prices, these technologies are expected to become increasingly competitive in the long run. 🌿 Emphasis on Modular and Scalable Technologies: The industry's focus is on modular and scalable solutions that can be customized to meet the varying requirements of different sectors, ensuring adaptability and widespread market adoption. 🌿 Dynamics of Project Financing: While several significant projects fall outside our current scope, numerous projects in the sub-$100 million range heavily rely on equity and government funding schemes. Traditionally, these projects have lacked the option of bank financing due to their scale and complexity. However, with many of these projects nearing TRL 9 after years of development, there is a shift towards exploring new capital solutions for sustainable growth. Stay tuned for our upcoming events, and mark your calendar for our CarbonSmart Conversation webinar on Monday, 12/9 “From Plans to Project Finance: Lessons for Carbon Removal Developers” from industry leaders Twelve and Fervo. Secure your spot now! 👇 https://lnkd.in/eCW-UFP3

Hot off the stage: Pictures from Flowcarbon Chief Business Officer, Martin Kessler, on stage at the European Blockchain Summit. 🤝 We had a great few days meeting with developers, large corporates and investors at the forefront of using biocarbon to decarbonise heavy industry in Europe. Now onto the next in London! 🌐 #projectfinance #projectdeveloper #cdr #biocarbon #carbonmarkets

We are live at the European Biocarbon Summit in Amsterdam! 🤝 Hosted by Hawkins Wright Ltd, this summit brings together heavy industry stakeholders and bioenergy experts for two days filled with insights on renewable carbon uses from biomass in heavy industry and transportation. Chief Business Officer, Martin Kessler, will be taking the stage to discuss BECCS and Carbon Dioxide Removal later today. Join us as we dive into "Financing Carbon Removal Projects: Unlocking Capital for BECCS, BiCRS, and Beyond" at 4:10 PM. We look forward to connecting with fellow industry experts at the summit. If you're here, drop by and say hello!

Mark your calendars for our upcoming CarbonSmart Conversations Webinar— on 12/9 at 1 pm ET! Join us as we dig into successful project financing stories and key strategies for scaling ventures, with leaders from Fervo and Twelve – two projects that have successfully navigated the complex terrain of scaling with asset-level financing. 🌏 Seats are filling up fast—secure your spot now for this exciting discussion that will propel your understanding of project financing and scaling strategies to the next level! 📈 https://lnkd.in/eCW-UFP3

🌿✨CDR Update In a recent report by the Energy Futures Initiative Foundation (EFI Foundation), the spotlight shines on CDR (Carbon Dioxide Removal) technologies that tap into natural sequestration solutions, known as "hybrid CDR", aligning with our shared vision of reshaping the decarbonization landscape in the United States. Here are the key highlights from the report: 🌎 Diverse Portfolio: The report identifies a diverse portfolio of hybrid CDR pathways spanning aquatic, land-based, and mineral-based initiatives, encompassing 173 projects across 40 states and Washington, DC. These exciting initiatives, though still in the developmental stages, exhibit promising cost-effectiveness compared to traditional technological methods. 🏛️ Advancements in Policy: Despite the potential of hybrid CDR, the current federal policy framework falls short in its support when compared to technological CDR like (DAC) Direct Air Capture . However, recent bipartisan bills signal a tangible commitment to advancing CDR research and development in the legislative arena, paving the way for impactful change. 🌿 Nature's Solutions: From the CO2 absorption properties of oceans and freshwater to harnessing photosynthesis and soil formation for carbon capture, the diverse approaches of hybrid aquatic and terrestrial CDR offer additional benefits for agriculture and ecosystems, a testament to the interconnectedness of environmental and agricultural sustainability. 💡 Propelling Innovation: As we dive further, we understand the urgent need for increased funding, public trust, and enhanced regulatory frameworks to effectively propel hybrid CDR technologies forward. Recommendations put forward by EFI include establishing research portfolios, boosting funding, and integrating hybrid CDR into governmental initiatives like the DOE’s (Department of Energy) pilot purchase program and the Farm Bill, driving us towards an era of sustainable growth and innovation. Read the full report by EFI here. https://lnkd.in/eTrVAP4Q

Join us on December 9th at 1 p.m. ET/10 a.m. PT for our next CarbonSmart Conversations webinar where we’ll dig into successful project financing stories and key strategies for scaling ventures, with leaders from Fervo Energy and Twelve – two projects that have successfully navigated the complex terrain of scaling with asset-level financing. Our panel will be moderated by COO of Flowcarbon, Caroline Klatt, and feature: 🟢 Martin Kessler, CBO, Flowcarbon 🟢 Jimmy Chuang, CFO, Twelve 🟢 Madison Freeman, Stanford University Graduate School of Business 🟢 Dawn OWENS, Head of Development and Commercial Markets, Fervo Energy Seats are limited, so reserve your spot today! 👇 https://lnkd.in/eCW-UFP3

The week 1 round up of COP29: A new recap by Forbes covering the first week of COP29 in Baku has illuminated the critical role that finance plays in addressing global climate challenges. The conference has underscored the pressing need for unprecedented financial mobilization alongside political will to combat climate change effectively. As countries, businesses, and stakeholders convene at COP29, the focus on climate financing has taken center stage. Here are the key highlights from the report: 🌿 The conference discussion revolves around the New Collective Quantifiable Goal (NCQG), a framework aimed at meeting the increasing demand for climate financing, compensation for loss and damage, and support for adaptation efforts. The $100 billion annual climate finance target, established during the Copenhagen Accord, was achieved in 2022, with $115.9 billion mobilized, albeit two years later than the original 2020 deadline. 🌿 However, concerns have been raised by developing countries regarding how these funds are calculated and whether they truly represent new and additional support. Estimates suggest that $1 trillion per year will be required by 2030, underscoring the accelerated timeline necessary to address climate change's financial and human toll. 🌿 Early discussions at COP29 have proposed solutions such as solidarity levies, which could generate $200-$400 billion annually by imposing small taxes on environmentally harmful activities. The shift from grant-based financing to investment-based approaches indicates a growing emphasis on economic returns over altruism, reflecting the complex landscape of climate finance. 🌿 While promising initiatives like the Global Energy Storage and Grids Pledge and the Hydrogen Action Declaration have emerged to boost renewable energy integration and production, the financial challenge remains immense. The necessity of innovative, scalable financing solutions cannot be overstated in achieving the ambitious targets set forth at COP29. 🌿 As negotiations continue at COP29, the need for a robust financial roadmap is evident. Delegates must focus on realigning their efforts to secure credible financing mechanisms to drive down emissions and address the escalating economic costs of climate inaction. The time for action is now. The urgency highlighted during COP29's first week serves as a stark reminder of the critical need for global cooperation and financial commitment in combating climate change. Read the full report by Forbes here. https://lnkd.in/esNnyreb