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News > WECAN News > In A Landmark Motion, The Govt Of Canada To Invest At Least $7M In CDR Credits

In A Landmark Motion, The Govt Of Canada To Invest At Least $7M In CDR Credits

27 Mar 2026
WECAN News
Image source: Pexels
Image source: Pexels

Sasha Ranevska, Carbon Herald, March 16th, 2026 -  Last week, the Government of Canada announced a new Request for Standing Offer as part of its plan to invest at least $7 million (CAD $10 million) in carbon dioxide removal (CDR) credits. 

Through this motion, Canada becomes the first national government to move forward with a dedicated carbon removal procurement program. This step will enable federal departments to purchase CDR credits as a measure aimed at reducing net greenhouse gas emissions. 

Under this Request for Standing Offer, the Canadian government is interested in CO2 removal credits generated through pathways that meet its technological requirements. 

 

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