As part of Kinnevik's climate contribution strategy, we have made a market-shaping purchase of more than 1,000 tonnes of carbon removal from the Carbon Lockdown Project (CLP). This investment is funding CLP’s first of a kind Project Potomac Demo.
The CLP is a public benefit corporation dedicated to advancing wood harvesting and storage (WHS), a promising novel approach to carbon removal. CLP is led by Dr. Ning Zeng and has developed a science-based approach to remove CO2 from the atmosphere by burying residual coarse woody biomass securely in a Wood Vault engineered to maintain the anaerobic conditions that prevent wood decomposition.
The durability of stored carbon is expected to be 1,000 years or longer, and is supported by research data from the 9-year Montreal Project and analysis of naturally occurring geological and archaeological wood preservation.