Carbon Pulse reported on September 9, 2026 that a UK-based carbon dioxide removal (CDR) marketplace and a Mumbai-headquartered biochar developer have signed an exclusive agreement to expand carbon removal operations across India, targeting at least 50,000 tonnes of verified removals by 2028. The full article sits behind Carbon Pulse's Premium/Net Zero Pulse paywall, so the specific company names and deal terms beyond the headline figure are not publicly confirmed at this time — we're flagging what's verifiably reported rather than speculating on details we can't see.
What's notable for a feedstock- and geography-specific player like CocoChar is the direction of travel this signals: international CDR marketplaces are actively seeking exclusive, longer-horizon supply relationships with India-based biochar developers rather than one-off credit purchases. That's consistent with what corporate buyers and CDR intermediaries have said publicly for some time — that early-stage supply in India is fragmented, and marketplaces are willing to lock in volume commitments with individual developers years ahead of delivery to secure a pipeline.
For context, India's biochar sector has seen a steady run of similarly structured announcements over the past year — offtake and marketing partnerships between Indian biochar producers and international financiers, registries, and marketplaces — though this week's deal is the most recent dated development we could verify within the last 48 hours. We're not able to confirm from public sources whether coconut-residue feedstock specifically is part of this particular agreement's scope.
Source: "CDR marketplace, biochar developer sign exclusive deal to scale carbon removal across India" — Carbon Pulse, Sept 9, 2026 (carbon-pulse.com/548654)