JPMorganChase Signs 60,000-Ton Carbon Removal Deal With Graphyte to Scale Durable CDR
- 4 days ago
- 1 min read
ESG News Editorial Team
JPMorganChase commits to 60,000 tons of durable carbon removal credits over 10 years, reinforcing institutional demand for high-integrity CDR
Graphyte’s Carbon Casting process converts biomass waste into permanently stored carbon, positioning waste streams as climate assets
Projects in Arkansas and Arizona link carbon markets with rural economies, land restoration, and wildfire risk reduction
A new long-term agreement between Graphyte and JPMorganChase is bringing durable carbon removal closer to operational scale, with 60,000 tons of credits set to be delivered over the next decade.
The deal reflects a clear shift among large financial institutions toward securing verified, long-duration carbon removal to address residual emissions that cannot be eliminated through traditional decarbonisation strategies. For JPMorganChase, this transaction forms part of a broader effort to integrate carbon removal into its climate commitments while supporting emerging technologies that can operate at scale.
Read more in ESG News.
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