Voluntary Carbon Market Company (VCM) and Altitude Capital Partners (Altitude) today announced a strategic partnership to deliver large scale high-integrity Carbon Dioxide Removals (CDRs). The CDRs are verified under leading methodologies and monitored under the most stringent requirements - and will be produced predominantly in the Global South. 

Under the collaboration, VCM is partnering with Altitude, and thus accelerating the CDR industry. Commenting on the announcement, Erik Ringvold (VCM) said:

"This partnership reflects our commitment to scale high-quality carbon removals and contribute to the Kingdom’s ambition of becoming a global hub for carbon markets."

Daniel Benjamin Schulz, Managing Partner at Altitude, added:

"We are proud to partner with VCM to deliver large-scale, verifiable carbon removals. This agreement underscores what’s possible in the next phase of CDR - supporting meeting global net zero goals."

The partnership reinforces the shared ambition of both organizations to accelerate the deployment of innovative carbon removal solutions and provide trusted credits for buyers worldwide