Wild Assets Launches Biochar Opportunities with Biocare
Wild Assets is venturing into the biochar sector, recognizing it as the most fungible and competitive carbon dioxide removal (CDR) category. This move is solidified through a long-term offtake agreement with Biocare, an Australian-headquartered global developer of biochar production technologies and projects.
Biochar has evolved significantly from a traditional and artisanal technique to a highly engineered and efficient technology. Biocare is at the forefront of this advancement, successfully demonstrating its efficacy in earlier projects in Australia. The expansion into Vietnam, among other regions, presents several new opportunities:
Improved economic performance, evidenced by reduced production costs.
Access to new feedstock sources, such as rice husks, which can support local farming communities facing eroding profitability.
Physical applications of biochar, which diversify reliance on carbon credits.
Expanded options for Article 6 mechanisms and regional or multilateral cooperations.
The contracted credits will be issued by Puro.Earth, ensuring international recognition of their quality and integrity. Wild Assets and Biocare have also agreed to collaborate on co-marketing these credits, thereby enhancing engagement with end-buyers who value direct interaction with the project developer and extended access to beyond-carbon attributes like soil restoration and community involvement.
Investors partnering with Wild Assets can now access the booming biochar economy by responsibly and securely pledging funds against forward biochar contracts.
