CARBON CURVE
INTELLIGENCE

The market in numbers

Carbon removal contracted each year, from every deal in the database.

21Mfirm tonnes contracted in 2026 so far
64.5Mfirm tonnes contracted in 2025
92%of 2025 tonnes bought by Microsoft
86deals announced in 2026
2021: 0 firm tonnes, 0 of them Microsoft 20212022: 4,540 firm tonnes, 0 of them Microsoft 5K 20222023: 9,269,322 firm tonnes, 4,644,000 of them Microsoft 9.27M 20232024: 36,263,105 firm tonnes, 20,448,200 of them Microsoft 36.3M 20242025: 64,515,193 firm tonnes, 59,207,500 of them Microsoft 64.5M 20252026 so far: 21,012,577 firm tonnes, 12,049,602 of them Microsoft 21M 2026*
MicrosoftEveryone elseFirm tonnes contracted, by the year the deal was announced. * 2026 so far.

Year by year

YearDealsFirm tonnesMicrosoftEveryone elseMicrosoft shareDisclosed value Delivered on IsometricRetired on Isometric
2026 so far 86 21,012,577 12,049,602 8,962,975 57% US$522,000 on 3 124,71935,824
2025 131 64,515,193 59,207,500 5,307,693 92% US$591.8M on 13 38,37014,778
2024 115 36,263,105 20,448,200 15,814,905 56% US$468.4M on 20 12,0493,945
2023 51 9,269,322 4,644,000 4,625,322 50% US$194.6M on 7 500–
2022 13 4,540 0 4,540 0% – ––
2021 2 0 0 0 – US$2M on 1 ––

By pathway, firm tonnes

The pathway breakdown and the download come with a Pro subscription.

How we count

Figures others have published

Other trackers count differently, so their totals differ from ours. These are their figures, in their words, linked to where they said them. We do not adjust them or ours to match.

Every deal behind these figures is in the Deal Book, by buyer and by supplier.