UNDO secures 'global first' carbon removals financing deal

Michael Holder
clock • 5 min read
Spreading crushed rock on farmland | Credit UNDO
Image:

Spreading crushed rock on farmland | Credit UNDO

UK enhanced rock weathering specialist agrees novel debt financing deal and offtake agreement to help scale up its carbon removals activities

UK carbon removals start-up UNDO has secured a novel debt financing deal with a host of major corporates, including British Airways and Standard Chartered, which aims to accelerate the roll out of its...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Boeing lands deal to remove at least 40,000 tonnes of CO2

Boeing lands deal to remove at least 40,000 tonnes of CO2

Carbonfuture and aerospace giant ink multi-year carbon removals agreement initially focused on four biochar projects in the Global South

Stuart Stone
clock 06 March 2026 • 3 min read
The quiet resilience of carbon markets in 2026

The quiet resilience of carbon markets in 2026

Clarity on Article 6, a focus on co-benefits, and project resilience are providing the stability needed to grow the carbon market, writes Project Developer Forum chair Nick Marshall

Nick Marshall, Project Developer Forum
clock 16 February 2026 • 5 min read
Report: Nature based carbon removals present 'strategic opportunity' for Europe's economy

Report: Nature based carbon removals present 'strategic opportunity' for Europe's economy

New CISL report explores how high-integrity nature-based carbon removals can help address residual emissions in hard to abate sectors

clock 10 February 2026 • 4 min read