Climate Vault exists to help organizations reduce and eliminate their carbon footprint to tackle climate change. As a 501c3, our mission is to significantly reduce global CO2 emissions and support carbon dioxide removal (CDR) technologies that remove CO2 already in our atmosphere. Our two-step approach includes:
- REDUCE: Once we understand our Partner’s carbon footprint, we buy an equivalent amount of carbon allowances (1 allowance = 1 ton) on government-regulated compliance markets and lock them in our “vault.” Because the number of allowances is capped, removing them prevents polluters from emitting and creates an immediate and verifiable CO2 reduction.
- REMOVE: Next, we convert those reductions into removals. Guided by our Technology Chamber – composed of science, innovation, and energy experts from MIT, Harvard, Princeton, and more – we use the value of the allowances to support carbon dioxide removal technologies.
Climate Vault is an Accredited Solutions Provider (ASP) for CDP, an environmental non-profit partner for 1% for the Planet, and in 2022 was named a "World Changing Idea" by Fast Company.