Tag: UNDO

Green Finance: Barclays Breaks Ground with Landmark Carbon Removal Investment in UNDO

Barclays Bank has entered the green investment spotlight by signing its first major carbon dioxide removal (CDR) agreement with UNDO (website), a climate tech innovator specializing in enhanced rock weathering (ERW). This UK-led deal sees UNDO tasked with permanently removing 6,538 tonnes of COâ‚‚ through its ERW process on 10,000 acres of farmland in Ontario, Canada, marking the largest ERW contract of its kind for a British supplier to date.