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Airfix – a new subsidiary of South Pole – combines decades of climate finance and carbon project development expertise with a vision for a scalable Biomass Carbon Removal and Storage (BiCRS) market in Switzerland and beyond.
Airfix supports biogenic carbon emitters to develop and finance carbon removal and storage, giving investors the confidence to invest in BiCRS while producing certified carbon removal credits, underpinned by significant emissions reductions.
We aim to capture 5,000,000 tonnes of CO₂e in 10 years.
By creating a cohesive ecosystem for BiCRS projects, we simplify the complex value chain for biogenic emitters, providing investors with attractive opportunities for low-carbon investments and drive carbon finance into the BiCRS market by working with carbon standards to produce certified carbon credits.
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Biomass with Carbon Removal and Storage (BiCRS) is a process that captures carbon emissions from organic material and stores this carbon geologically or in durable products. BiCRS uses proven technology that holds significant potential in industries such as biomass or biogas plants, wastewater treatment plants and waste incineration plants.
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Airfix was enabled by the Migros Pioneer Fund, which looks for and supports ideas with social potential. It enables pioneering projects that break new ground and seek out forward-looking solutions. Its impact-oriented funding approach combines financial support with coaching services. The Migros Pioneer Fund is part of the Migros Group's social commitment and is enabled by the Migros Group with around CHF 15 million annually.
Find out more at www.migros-pionierfonds.ch
EcoAct is an international sustainability consultancy and project developer, headquartered in Paris, with 360 employees in offices across France, the United Kingdom, Spain, the United States, Canada and Kenya. We have unmatched depth and breadth in delivering holistic solutions to enable businesses to reduce their carbon emissions while driving commercial performance. EcoAct has undertaken carbon reduction and sustainability projects for some of the world’s leading brands while also developing and partnering with carbon offset, biodiversity and economic development programmes across Africa, Asia, China and South America. EcoAct is a CDP gold partner, a founding member of ICROA, a strategic partner in the implementation of the Gold Standard for the Global Goals and reports to the UN Global Compact.
For more information, visit www.eco-act.com