Carbon capture technology
Did you know that?
- To meet the Paris Agreement, the sector must achieve net-zero carbon emissions by 2050.
- All new buildings required to be net-zero carbon starting in 2030.
- The buildings sector needs to reduce its emissions by half by 2030 (from 10 GtCO2 to 5 GtCO2).Achieving this goal will require an annual emission reduction rate of 8 percent.
About our product
Innovation: A construction material made from biomass using a high-capacity carbon dioxide absorption biotechnological process.
Market size: 422 bln
The data for 1 cubic meter of the product:
Est. production time: <24 hours
Est. production cost: 75 USD
Est. sales cost: 530 USD
Team: Team sourced from 4 European universities
Required permits: CE certification
Patent: Formula or solution – in the preparation stage
Project partner: Top 5 global construction company
Expected commercialization date: 2025-2027
Our material can capture and store up to 1.8 kg of CO2 from the atmosphere per 1 kilogram. We believe that materials like ours could have the greatest impact on mitigating climate change in the future due to their efficiency in absorbing carbon dioxide and the volumes used in the construction industry.
It’s estimated that approximately 40 billion tons are utilized annually in construction. Implementing materials with such properties as ours in construction could significantly reduce climate change.
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