Unlocking Financing for Large-Scale Carbon Removal

Summary

In 2025, Residual committed to unlock funding for 10 biomass-based carbon removal projects by the end of 2028. More than six billion tons of biogenic waste per year is burned or left to rot. Biochar and afforestation can lock away carbon for hundreds of years, but most companies struggle to turn their assets into carbon credits. Residual will design and deliver 10 projects that align with major carbon ratings and certification standards, prepare offtake proposals and manage buyer and investor engagement for large industrial and agricultural companies seeking to repurpose their biogenic waste. Overall, these 10 projects, focusing on Latin America and Australia, will remove 31 million tons of carbon dioxide from the atmosphere, hire and train 5,000 local workers supporting local economies, and provide smallholder farmers with infrastructure investments and biochar for soil amendment.

Approach

Residual commits to unlock funding for 10 biomass-based carbon removal projects by the end of 2028. Each of these projects uses waste biomass and underused assets from industrial and agricultural operations, converting them into high-quality carbon credits through afforestation or biomass removal technologies. The opportunity is already there. What’s often missing is the team to make it happen.
Residual’s role is to support asset owners who have the raw materials—land, biomass, and intent—but need help turning those into fully developed, certifiable carbon projects. That includes getting the technical design right, building in safeguards against risk, aligning with certification standards, and setting up long-term offtake so that funding can flow.
The Residual team has helped build the carbon ratings, insurance, and certification infrastructure that now underpins the market. That experience shapes how projects are designed—so that they meet the standards buyers and funders expect, and so they’re ready for capital from the outset.
Two projects are already in development. Nine more have signed letters of intent with partners across Colombia, Brazil, Australia, India, and Sub-Saharan Africa. These are not abstract concepts. They’re real sites with willing partners, where the right intervention can generate real climate impact and long-term value for communities and landholders.
Residual exists to help these projects get off the ground. By bringing together the people, the tools, and the financing, they make sure high-quality carbon removal can actually happen where it otherwise wouldn’t.

Action Plan

Residual plans to enable the development of 10 biomass-based carbon removal projects by the end of 2028. These projects will focus on converting waste biomass and underutilized assets from industrial and agricultural operations into high quality carbon credits, using approaches such as afforestation and biomass carbonization. The company focuses on regions where biomass supply is abundant, but technical and financial capacity to implement carbon projects remains limited.
To address this gap, Residual provides project development support that includes feasibility assessments, technical design, risk management, certification alignment, and offtake structuring. This approach is designed to make projects viable for both investment and long-term credit sales.
In practice, this model is being applied across a range of geographies. Projects are currently underway or in early development in Colombia, Brazil, Australia and India. In these regions, Residual partners with local asset owners, often industrial producers or landholders, who are seeking to convert waste streams into climate-positive outcomes but require external expertise and financial structuring to move forward.
These projects aim not only to deliver verified carbon removals but also to support local employment, improved land use, and economic resilience. By combining technical know-how with access to funding and markets, Residual’s model is intended to help scale high-quality carbon removal in parts of the world where the potential is high but delivery capacity remains low.

Background

Residual exists to solve a simple but urgent problem. Around the world, industries produce more than seven billion tons of biogenic waste each year (Verma et al. 2024) , which ultimately carbon dioxide and methane, two major drivers of climate change. But it doesn’t have to be this way. With the right approach, that same waste can become a powerful tool for removing carbon from the atmosphere.
The science is clear. Humanity needs to remove billions of tonnes of carbon to meet global climate goals. Methods like biochar and afforestation are ready. They can lock away carbon for hundreds of years. But most companies do not know how to turn their waste and dormant assets into carbon credits. They do not know who to trust, where to start, or how to sell the credits once they are made.
The carbon removal market is still young. It is full of promise, but hard to navigate. Projects often fall through because there is no one connecting the dots. Buyers want high-quality credits, but the supply is limited. Developers want to build, but lack partners who understand certification, risk, and offtake.
That is where Residual comes in. They work with large industrial and agricultural companies that already produce biogenic waste or have underutilised land assets. Residual helps them build carbon removal projects that meet the highest standards and attract serious buyers, handling everything from design to delivery. They apply their expertise in carbon ratings and insurance to get projects across the line.
Residual’s commitment is about making carbon removal real. It’s about helping the people and regions who are sitting on huge climate potential but lack the tools to act. And it’s about getting high-quality carbon credits into the hands of the companies that need them most.

Progress Update

Partnership Opportunities

Residual is seeking mission-aligned partners who bring local knowledge, operational capability, or access to biomass and land, but may lack the carbon market expertise to translate that potential into measurable climate impact. This includes NGOs focused on land use or conservation, forestry companies expanding into native species afforestation, and agricultural firms pursuing waste-to-value initiatives. The company is particularly interested in working with organisations that are rooted in their communities and ready to scale nature-based or biomass-based projects, but require a partner to lead on carbon modelling, credit certification, and access to buyers and finance.
Residual is also seeking media partners to help raise awareness of industrial decarbonization pathways in emerging markets and highlight the co-benefits of biochar applications for soil health and resilience.,Residual provides end-to-end technical and commercial support for organizations developing high-quality biomass-based carbon removal projects. The company works with agricultural producers managing biogenic waste and underutilized land for biochar, and landowners pursuing afforestation and reforestation initiatives. Residual helps structure viable, financeable projects by delivering financial models, carbon credit strategies, and targeted offtake engagement. Support is provided throughout the entire process, from feasibility and project design to certification, credit issuance, and market access.
In addition, Residual offers access to a trusted network of collaborators, including pyrolysis technology providers, registry platforms, rating agencies, insurers, and major carbon credit buyers. Whether the goal is to optimize credit yield, raise investment, or secure long-term offtake, Residual ensures that each project meets the highest standards of integrity, durability, and commercial readiness.