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deal · 17 January 2025
Tencent ↔ Catona Climate
Tencent: an option to buy of 3,000,000 t of afforestation/reforestation removal from Catona Climate.
BuyerTencent
SupplierCatona Climate
Tonnes3,000,000 t
Capture pathwayAfforestation/reforestation
Storage mediumecosystem
Commitment typeoption
Deal structureofftake
Source pathway descriptionnature-based carbon removals
Delivery window2027-2040
NotesPre-order agreement for 3 million tonnes to be issued over 14 years between 2027 and 2040. Tencent's emissions reductions goals validated by Science Based Targets initiative (SBTi). Commitment type set to 'option' rather than 'firm' due to language of pre-order/agreement rather than binding purchase contract.
Durability defaultedtrue
Pathway noterecoded from other-emerging on 2026-09-01, the source describes nature-based removals from reforestation, agroforestry or forest restoration
Previous durabilityconventional
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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