Canada's carbon dioxide removal (CDR) market is at a pivotal moment. While direct emissions reductions remain the priority, CDR will be essential for addressing residual and hard-to-abate emissions on the path to net-zero by 2050.
But who is actually prepared to invest in CDR, and what's holding others back? For the second year, the Pembina Institute's CDR Centre surveyed 247 organizations operating in Canada to understand corporate interest in purchasing carbon removal credits.
The findings reveal a market in transition: interest is spreading across new industries and regions, with 67% of engaged buyers planning purchases before the end of 2026. However, 88% of invited organizations remain unengaged, signaling substantial untapped potential.
