De-risking Marine Carbon Dioxide Removal in the Ocean

Award Period
to
Award Amount
$250,000
Agency Name
The Builders Initiative
Award Number
BIF Grant 2025-40358
PI First Name
Christopher
PI Last Name
Costello
Area/s of Research
Natural Marine Resources
Abstract

Our goal is to identify financial instruments that reduce risk and enhance the financial viability
of marine carbon dioxide removal (mCDR) projects, specifically ecosystem restoration. We
aim to unlock investment through effective risk mitigation and co-benefit integration, resolve
uncertainties around the most viable ecosystem restoration mCDR approaches, and provide
pathways to scale deployment and mitigate climate change.