Carbon Terminal
The first real comparables in carbon finance.
Benchmark any project against the market, on the reference data lenders and developers rely on to make investment decisions.
See the market
The median biochar project's cost to remove a tonne is $192. The most efficient do it under $140.
That is the all-in cost to produce. The implied carbon price, the breakeven a project needs after coproduct revenue, is closer to $112.
See the detail
Compare at project level.
For the first time, benchmark a carbon project against its relevant comparables in seconds, work that used to take weeks of bespoke analysis, if it was possible at all.
Every model is standardized against a detailed taxonomy, enabling like-for-like project comparison across revenue, costs, returns and operational metrics. It also flags outliers, showing where a project is market leading and where it is market lagging.



What the data unlocks
One data set to serve the whole market.

For financiers
Allows capital providers to conduct diligence on real financial comparison sets, not just a consultant report commissioned per deal.

For buyers
An independent read on price and project economics, and whether the offtake will be financed to delivery.

For projects
Analyzing your own data lets projects see where they are outliers and be upfront in addressing investor diligence.
The largest standardized financial dataset in biochar carbon removal.
Alongside ARR, ERW, and clean cooking.