How does carbon finance fit in?
Carbon finance is part of a project, not the reason it exists. A working biochar asset can create a carbon-finance route, but the route has to be built. The biomass must be eligible, production and end use must be documented, and the project must meet the monitoring and verification requirements of a recognised carbon standard. Only then can verified removals be issued and sold, and only where a buyer or an offtake is already in place.
Carbon revenue is usually only part of a project’s income, often in the region of a quarter, alongside biochar sales and any energy or co-product streams. It can strengthen a viable project or add a financing route. It does not replace the need for reliable feedstock, sound operations and a real market for the product.