Published by Todd Bush on July 21, 2023
The Coalition Commemorates One Year Anniversary by Celebrating Accomplishments to Responsibly Scale Carbon Management and Charts Plans for the Year Ahead
WASHINGTON, July 19, 2023 /PRNewswire/ -- The Carbon Business Council (CO2BC), a nonprofit trade association of companies and organizations unified to restore the climate, celebrates its one-year anniversary by growing the coalition to more than 110 companies and organizations. CO2BC's membership base has combined assets of more than $16.5 billion dollars focused on scaling carbon management.
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"We launched the Carbon Business Council with the core belief that a rising tide can raise all ships as we work together to make a gigaton-scale climate impact," said Ben Rubin, Executive Director and Co-Founder of CO2BC. "With a membership base that's more than doubled since our inception and multiple proof points for successful collaboration, the Carbon Business Council is a platform to bring innovators together and unlock gigaton-scale solutions."
CO2BC is tech-neutral and innovators in the coalition represent a range of pathways to remove, manage, and utilize carbon dioxide. In addition to innovative carbon management companies, the coalition includes more than 20 observers and allies . The coalition has been collaborating throughout the last year to advance carbon removal and carbon management. Highlights include:
Scientists globally have reached consensus that the world needs to remove and manage gigatons of carbon dioxide in order to meet the goals of the Paris Agreement. Looking ahead, CO2BC is continuing to shape public policy and will be announcing new policy working groups in the months ahead. CO2BC is planning events for key moments like ClimateWeek and COP28. In the fall, CO2BC will release an online training program focused on the responsible deployment of carbon removal.
CO2BC, a member-driven and tech-neutral trade association of companies unified to restore the climate, is the preeminent industry voice for carbon management innovators. Together, the nonprofit coalition represents more than 100 companies and organizations across six continents with more than $16.5 billion dollars in combined assets.
SOURCE Carbon Business Council
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