Tivano receives CHF 500,000 REPIC grant for carbon removal in Namibia
The Swiss company will use rollout funding to scale underground biomass storage and savanna restoration.
Tivano has secured a CHF 500,000 rollout grant from the Swiss REPIC programme to expand its carbon removal operations in Namibia. The funding supports a move from demonstration projects towards larger deployment and work on its next carbon storage site.
The company removes excess woody vegetation from savanna and stores the biomass underground, combining carbon removal with land restoration. Its Dragonfly project has already generated issued carbon removal credits, providing a base for the next phase of development.
Use of funds
Scale biomass carbon storage operations in Namibia
Expand ecological restoration projects