Resources

CDR Price Index

Where the market finds out what durable carbon removal actually costs. Offer-side pricing across seven pathways and five delivery vintages, drawn from more than 300 projects worldwide.

Frequency
Quarterly
Current edition
Q3 2026
Next edition
December 2026

Why the numbers come from here

Pricing you can only see from inside the trade

ClimeFi acts as a counterparty for CDR transactions across both spot and offtake agreements. In that role we receive pricing quotes directly from suppliers. This benchmark makes a subset of that data public.

5
delivery vintages
Every year from 2026 to 2030, priced separately
23
standards and registries
Third-party certification bodies represented
6
continents
Global supplier coverage in the masterlist
1kt
offtake basis
USD per tonne of CO2, inclusive of verification fees

Indicative supplier offers, not transacted prices, on a basis that does not change between editions. Free to reproduce with attribution.

Benchmark data

Median Price Forward Curves

USD per tCO₂ by delivery vintage · Median of priced offers per pathway. Prices contractable today, rather than a forecast of future prices.

    Offer-side base prices for 1kt offtakes, incl. verification fees · >500 projects assessed · Source: ClimeFi CDR Price Benchmark, Q3 2026

    The full benchmark

    Seven pathways, five vintages, every percentile

    This page publishes the median. The benchmark gives the whole distribution: minimum, quartiles, maximum, average, and the number of priced offers behind every figure.

    Pathway2026 medianMin25th75thMaxAvgn

    Full distribution, all five vintages, in the Q3 2026 benchmark

    Download the report

    USD per tCO2 · Offer-side base prices for 1kt offtakes, incl. verification fees · Medians shown are for the 2026 delivery vintage.

    Editions

    Every quarter, on the record

    Each edition is published in full and stays available. Prices are never revised after publication.

    1. Current edition

      Q3 2026

      Published 16 September 2026

      Inaugural edition. Seven pathways, five delivery vintages (2026–2030), 338 projects with a priced 2030 offer.

      Download PDF
    2. Next

      Q4 2026

      December 2026

      Second edition, and the first quarter-on-quarter comparison: how each pathway’s median has moved since Q3.

      Get it on release

    How to cite

    Reproduction of the aggregate benchmarks is permitted with attribution.

    ClimeFi CDR Price Benchmark, Q3 2026 · climefi.com/resources/cdr-price-index

    Methodology

    How the benchmark is built

    Source data

    ClimeFi’s proprietary supplier masterlist: over 300 engineered removal projects, 23 third-party standards and registries, six continents.

    Price basis

    Offer-side base prices for 1kt offtakes, in USD per tonne of CO2 and inclusive of verification fees. Indicative offers, not transacted prices.

    Statistics

    Minimum, quartiles, median, maximum, average and the number of priced offers (n), per pathway and vintage. A low n carries wider uncertainty.

    Aggregation

    Pathway figures aggregate their sub-pathways. Sub-pathway and project-level data are available on request.

    Pathway definitions

    Get the full benchmark

    Every pathway, every vintage, the complete distribution. Free to reproduce with attribution.

    The Q4 2026 edition publishes in December, with the first quarter-on-quarter view. For sub-pathway detail or project-level data, email cdr@climefi.com.

    This page is provided for information purposes only. It does not constitute investment, legal or tax advice, an offer, or a solicitation to transact in any product. Prices shown are indicative supplier offers observed by ClimeFi and may not reflect executed transaction prices. While reasonable care has been taken in preparing this page, ClimeFi makes no representation or warranty as to its accuracy or completeness and accepts no liability for any loss arising from its use. The underlying project-level data is proprietary to ClimeFi. Reproduction of the aggregate benchmarks is permitted with attribution: ‘ClimeFi CDR Price Benchmark, Q3 2026’.