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Government, corporate and financial leaders unite to mobilize $100 million for Canadian carbon removal by 2030
Canada's carbon removal sector got a coordinated push today with the launch of the Advance Carbon Removal Coalition (ACR). An initiative of Carbon Removal Canada, ACR aims to mobilize $100 million in new support by 2030 for Canadian carbon dioxide removal projects across purchases, investments, and project finance. Founding members include the Government of Canada, BMO, ClimeFi, NorthX, RBC, Shopify, and Vancity – leading organizations that have collectively contributed over $75 million into the
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[{"type":"text","content":"The Government of Canada, BMO, ClimeFi, NorthX, RBC, Shopify, and Vancity launch the "Advance Carbon Removal Coalition" to advance demand for Canadian CDR.","length":165,"tagName":"p"},{"type":"text","content":"OTTAWA, ON, March 5, 2026 /CNW/ - Canada's carbon removal sector got a coordinated push today with the launch of the Advance Carbon Removal Coalition (ACR). An initiative of Carbon Removal Canada, ACR aims to mobilize $100 million in new support by 2030 for Canadian carbon dioxide removal projects across purchases, investments, and project finance. Founding members include the Government of Canada, BMO, ClimeFi, NorthX, RBC, Shopify, and Vancity – leading organizations that have collectively contributed over $75 million into the Canadian CDR ecosystem to date.","length":575,"tagName":"p"},{"type":"image","alt":"Advance Carbon Removal Coalition's logo (CNW Group/Carbon Removal Canada)","displaySize":"","headline":null,"caption":"Advance Carbon Removal Coalition's logo (CNW Group/Carbon Removal Canada)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":90,"url":"https://media.zenfs.com/en/cnwgroup.com/5bb773b8ba5d23fa466826f9eec18ea1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ESbR32ovsJu4GtZ0MSmQKg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1OTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/5bb773b8ba5d23fa466826f9eec18ea1","width":400,"height":90},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/6DnF0CfKIQokV9rAnqEh5w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE0NDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/5bb773b8ba5d23fa466826f9eec18ea1","width":400,"height":90}},"href":"https://mma.prnewswire.com/media/2926075/Carbon_Removal_Canada_Government__corporate_and_financial_leader.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"ACR is launching as a demand-side coalition to strengthen confidence in Canada's carbon removal market. It will build and elevate demand for high integrity credits from Canadian carbon removal through a shared platform for participation, transparency, and engagement across the Canadian CDR ecosystem – supporting the creation of a clearer market direction and stronger conditions for Canadian projects to secure purchases, investment, and project finance.","length":460,"tagName":"p"},{"type":"text","content":"B...