Altitude Partners With Empacar Bolivia & Becomes First Commercial Buyer To Reach +1 Million T CDRs Financed - CleanTechnica

Altitude has partnered with Empacar Bolivia, becoming the first commercial buyer to finance over one million tons of carbon dioxide removal (CDR) credits. This milestone centers on Empacar’s biochar plant in Bolivia, supported by a global biochar consultancy, which contributes to Altitude’s expanding portfolio of large-scale CDR offtakes. The project integrates local industrial activities and supply chains, generating economic benefits through feedstock sourcing, plant operations, and logistics. Additionally, engaging in international carbon markets provides new revenue streams for regional operators, fostering further infrastructure investment. Empacar, a prominent Bolivian industrial company with diversified investments across key national sectors, plays a crucial role in this partnership. The collaboration highlights the growing momentum of biochar as a scalable, verifiable carbon removal solution that delivers both climate benefits and positive community impacts. South America, particularly Bolivia, is recognized as a region with significant biochar CDR potential, essential for meeting global carbon removal and climate targets. This development underscores the increasing importance