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Transaction

Captura - CIEIF grant (Port of Los Angeles plume assessment)

Terms

Announced
20 Dec 2023
Instrument
Grants
Amount
US$0.05m
Source
cieif.org

Parties

Project developer
Captura
Recipient type
Technology company
Country
United States (Pasadena, CA)
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Climate Intervention Environmental Impact FundGrantorUS$0.05mSole provider: the whole transaction

Carbon

Pathway
Ocean alkalinity / marine CDR
Project type as recorded
Marine / ocean CDR - electrochemical Direct Ocean Capture (bipolar membrane electrodialysis)

What happened

First grant cycle of the Climate Intervention Environmental Impact Fund: impact assessment of the discharge plume from Captura's 100-tonne Port of Los Angeles pilot.

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