Gigablue, a scalable and affordable carbon dioxide removal (CDR) technologies provider, announced that it has signed a significant agreement with SkiesFifty, a company focused on sustainability within the aviation sector. Under this partnership, Gigablue’s innovative marine carbon removal technology will be used to sequester 200,000 tons of CO2 over the next four years, which will help the aviation industry meet its net-zero goals.

This agreement builds on an initial collaboration between Gigablue and SkiesFifty, formed in July 2024. SkiesFifty is deepening its commitment to ocean-based carbon removal with a strategic investment in Gigablue’s technology. The 200,000 carbon credits align with SkiesFifty’s mission to invest in scalable solutions that help aviation cut its carbon footprint.

Gigablue’s Ocean-Based Carbon Removal Technology

Gigablue applies its technology on the basis of marine carbon fixation and sequestration to provide a non-expensive, environmentally friendly solution for removing the atmospheric carbon. Using the natural water and sunlight processes, Gigablue invented a solution for the sequestration of carbon at scale at low cost.

The mode of working includes a unique substrate that provides an optimal environment for local phytoplankton to grow. When the phytoplankton reach critical mass, the substrate triggers, sinking with the captured carbon to the ocean floor for storage.

Ori Shaashua, Co-founder and Chief Commercial Officer of Gigablue, “The agreement validates the scalability and effectiveness of our technology. We are harnessing the basic building blocks of life on Earth – water and sunlight – to create a financially sustainable carbon removal solution.”

He added, “This will be the largest marine carbon dioxide removal offtake agreement to date and proves our technology’s viability in the market.”

Addressing the Aviation Industry’s Carbon Challenge

The IATA reports that the aviation industry decarbonization strategy relies majorly on carbon offsets. As sustainable aviation fuel supply lags far behind demand, companies are resorting to carbon removal technologies like Gigablue’s.

This agreement supports Gigablue’s goal of removing one gigaton of CO2 by 2035 as part of its broader mission. As part of this, Gigablue is expanding its pipeline of offtake agreements, with more announcements expected in the coming months. Gigablue’s platform combines AI and geospatial data to identify optimal zones and improve substrate compositions for effective carbon sequestration.

Also read: Mati Carbon Achieves Major Carbon Removal Milestone with Frontier Commitment

Scientific Backing and Ecosystem Support

Gigablue’s science is supported by thorough analysis, including an MMRV framework reviewed by New Zealand’s National Institute for Research. This framework makes sure that the carbon removal process by Gigablue is reliable, measurable, and positively contributes to marine ecosystems.

This agreement underscores the growing confidence in ocean-based carbon removal as a viable solution for achieving global net-zero goals. The US and EU are developing frameworks to verify marine-based carbon offsets, boosting the growth and scale of these technologies.

Mozambique is taking a step toward balancing economic development with environmental protection.
The country’s National Maritime Spatial Planning Plan (POEM) intends to promote carbon sequestration by using reservoirs created by liquefied natural gas (LNG) extraction.

This move is a part of the nation’s broader efforts to manage it vast natural resources sustainably. Mozambique intends to do this while addressing global climate change concerns.

Also read: Shell Faces Shareholder Scrutiny Over LNG Growth Plans

Utilizing LNG Reservoirs for Carbon Sequestration

One of the fundamental elements of POEM is its proposal to leverage the reservoirs formed during LNG extraction for the purpose of sequestration.  Carbon sequestration helps reduce the amount of CO2 in the atmosphere, essential for combating climate change. The country intends to repuurpose these reservoirs and turn a environmental concern into a potential solution for global warming.

The plan envisions carbon sequestration as a method to balance the environmental impact of LNG operations. Carbon capture could become an essential strategy for reducing emissions. Especially with multinational corporations like TotalEnergies, ExxonMobil, and Eni targeting Mozambique’s LNG reserves

Carbon capture may prove to be an essential strategy for reduced emissions. Estimated revenues for the country’s LNG reserves are about $100 billion by 2024.

Economic Growth, Environmental Protection

The POEM underscores that sustainable economic growth must go hand in hand with responsible environmental management. Mozambique is expected to feature among the top ten LNG-producing countries by 2040 , accounting for 20% of Africa’s overall LNG production.

However, the plan acknowledges the need for a strong legislative framework to minimize environmental impact.

Coastal Protection and Tourism Development

The coast of Mozambique spans a distance of 1,677 miles and consists of sandy beaches, mangroves, and coral reefs. POEM emphasizes the importance of safeguarding the resource from impacts such as overfishing and pollution.

The plan also mentions the importance of cultural heritage. Especially when it comes to protecting the shipwrecks along the coast. Mozambique has ambitions to develop maritime tourism, including wreck diving and archaeological exploration near the island of Mozambique.