View original ↗on thenext150.com
deal · 21 March 2024
Microsoft ↔ The Next 150
Microsoft: a firm purchase of 95,000 t of biochar removal from The Next 150.
BuyerMicrosoft
SupplierThe Next 150
Tonnes95,000 t
Capture pathwayBiochar
Storage mediumsoil
Commitment typefirm
Deal structureofftake
Source pathway descriptionbiochar carbon removal credits produced by General Biochar Systems (GBS) business unit's first biochar plant in Guanajuato, Mexico
Delivery window6 years
Project locationGuanajuato, Mexico
VerificationPuro.Earth registry
NotesAgreement signed in March 2024. The Next 150 is a Swiss climate-forward venture developer founded in late 2022. Biochar facility was operational by October 2023. Credits expected to be delivered by mid-2024. Project includes landscape restoration and soil amendment co-benefits targeting up to 23,000 local farmers.
Durability defaultedtrue
Previous durabilitydurable-100y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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More: The Next 150 · Biochar
