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Transaction
Hourglass Climate - CIEIF environmental impact assessment grant (2026-06)
Terms
- Announced
- 1 Jun 2026
- Instrument
- Grants
- Amount
- US$0.08m
- Source
- cieif.org
Parties
- Project developer
- Hourglass Climate
- Recipient type
- Grant recipient
- Country
- United States
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Climate Intervention Environmental Impact Fund Grantor US$0.08m Disclosed
Carbon
- Pathway
- Ocean alkalinity / marine CDR
What happened
- Climate Intervention Environmental Impact Fund grant (Fifth round, 1 Jun 2026) to Hourglass Climate for an environmental impact assessment linked to carbon removal work: Ocean alkalinity enhancement field test development in New Zealand. CIEIF wording: "CIEIF's grant will aid Hourglass's development of a potential field test".
Kumo note
- - Small non-dilutive grant funding independent environmental impact assessment ahead of field deployment.
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