View original ↗on axa.ch
deal · 27 November 2024
AXA Schweiz ↔ InPlanet
AXA Schweiz: a firm purchase of 1,950 t of enhanced rock weathering (agricultural) removal from InPlanet.
BuyerAXA Schweiz
SupplierInPlanet
Tonnes1,950 t
Capture pathwayEnhanced rock weathering (agricultural)
Storage mediumsoil
Commitment typefirm
Deal structureofftake
Source pathway descriptionCO2 removal through accelerated weathering of certain rock types. Finely ground rock flour is distributed on agricultural land in Brazil to accelerate a natural process that would otherwise take centuries.
Storage descriptionPermanent storage through accelerated rock weathering; dissolved minerals support soil regeneration and provide nutrients for agriculture
Delivery window2026-2028
Project locationBrazil
NotesGerman-Brazilian start-up InPlanet. AXA Schweiz commitment to support two CO2 removal projects from 2026-2030.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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