From 2022 to the first half of 2025, the cumulative contracted volume of biochar carbon removal (BCR) credits reached 3.04 million tons. Among them, sales in the first half of 2025 alone reached 1.6 million tons. The average annual purchase volume per buyer increased from 542 tons in 2022 to 762 tons in the first half of 2025.
From the beginning of Q1 2022 to the end of Q4 2024, BCR purchases, deliveries, and cancellations all grew rapidly. Total contracted volume tripled, while deliveries and cancellations roughly doubled annually.
Overall, since 2022, over 3 million tonnes of biochar carbon removal credits have been purchased, with 683,000 tonnes delivered and 330,000 tonnes cancelled.
The rapid growth of these three key metrics—purchases, deliveries, and cancellations—highlights the strong momentum of the biochar carbon removal BCR market.
BCR transaction volume in 2025 further confirms this strong growth trend, with 1.6 million tons signed in the first half of the year alone. However, cancellations in the first and second quarters of 2025 appear to be flat compared to the same period in 2024.
Relatively Low Price: Compared to other methods, it is more competitively priced.
Support for Small-Scale Purchases: Buyers can choose to start with small-batch purchases. This is particularly attractive to buyers who prefer a smaller scale.
Biochar's long-term carbon sequestration capacity makes it a crucial component of carbon removal technologies. In carbon markets, the carbon sequestration capacity of each tonne of biochar can be converted into carbon credits, which can be traded through voluntary or mandatory carbon markets.
As the Paris Agreement pushes countries towards net-zero emissions targets, carbon removal technologies have become a focus of policy and investment. Biochar, due to its relatively low production costs and mature technology, has emerged as an alternative to carbon capture and storage (CCS).
Compared to other carbon removal technologies, biochar's unique advantage lies in its multiple benefits. It not only sequesters carbon but also improves soil quality, reduces fertilizer use, and enhances agricultural productivity.
Mingjie Group provides continuous biomass pyrolysis equipment for biochar production. Producers are responsible for converting biomass into biochar, which agricultural companies then use for soil improvement or pollution remediation. Carbon credit trading platforms, through certification and accounting, transform the carbon sequestration of biochar into tradable assets.
