Carbon removal provider Exomad Green announced the signing of a multi-year offtake agreement with carbon credit procurement company Senken, aimed at supporting decarbonization initiatives in the aviation industry.
Under the agreement, Senken and Exomad Green will supply 105,000 tons of permanently removed carbon dioxide between 2026 and 2028, with the carbon removal credits earmarked for use in the aviation sector. The credits will be supplied from Exomad Green’s biochar operations in Bolivia.
Exomad Green transforms waste biomass from sustainably sourced forestry residues into biochar, which is then delivered to local communities for use in agricultural soil improvement programs. The company currently operates two biochar facilities in Bolivia, with a third facility under construction and scheduled to come online later this year.
According to the companies, the new agreement comes amidst a shift in the aviation industry, which is seeing airlines diversifying their climate portfolios to move from a reliance on nature-based carbon credits toward permanent carbon removal as part of longer-term net-zero strategies.
Diego Justiniano, CEO of Exomad Green, said:
“Aviation is one of the most demanding sectors when it comes to climate integrity. The fact that capital is now flowing into permanent carbon removal signals a structural shift in this industry.”
Biochar is produced by heating biomass such as forestry residues and agricultural waste in the absence of oxygen, creating a stable form of carbon that can be stored in soils for centuries while improving soil fertility. The technology has gained traction as a carbon dioxide removal (CDR) solution due to its scalability, relatively low cost compared to other CDR technologies, and agricultural benefits.
The new agreement brings the contracted volume between the partners close to $30 million, reflecting increasing demand for durable carbon removal, according to Senken.
Adrian Wons, CEO of Senken, said:
“We’re seeing repeat demand from enterprise buyers who need carbon portfolios they can defend to their boards, their auditors, and increasingly, to regulators. This agreement reflects how permanent removal is becoming a core component of credible corporate climate strategies, and why rigorous due diligence matters more than ever.”
