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FY24 Impact Snapshot

Explore highlights from our 2023–2024 work to scale the biochar industry.

Biochar credits in the voluntary carbon market (VCM) represent more than 90% of global deliveries in 2023, yet only 12% of CDR investment, per the CDR.fyi database.
Biochar production is growing rapidly, with a CAGR of 91% from 2021 to 2023, and to maintain this high growth rate developing high value and large volume end-use markets for biochar is a key priority.
Global production of biochar is estimated at around at least 350,000 metric tonnes (mt) of biochar annually, representing a potential 600,000 mt or more of CDR in 2023.

Global Biochar Associations

Regions in green represent IBI’s network of 600+ members from 60+ countries.

African Biochar Partnership
Australia New Zealand Biochar Industry Group (ANZBIG)
Asia Pacific / Thailand
European Biochar IndustryConsortium
German Biochar e.V.
Latin American Biochar Institute (ILBI)
Italian Biochar Association (ICHAR)
Spanish Biochar Association
US Biochar Initiative

 All Black Earth (New Zealand) 

Biochar Network New Zealand 

Biochar Network of Western Australia 

Biochar Malaysia Association 

Canadian Biomass

CharNet.ch

Finnish Biochar Association 

Great Plains Biochar Initiative 

India Biochar and Bioresources Network 

Japan Biochar Partnership 

Montenegro Biochar Association

Nordic Biochar Network

North Sinai School Biochar 

Pacific Northwest Biochar Initiative

Philippine Biochar Association 

Rocky Mountain Biochar Initiative

Sonoma Biochar Initiative (SBI) 

Saudi Biochar Research  Group 

The UK Biochar Research Centre (UKBRC) 

US Biochar Coalition

V4 Biochar Platform (Czech Republic, Hungary, Poland, Slovakia)

Biochar has a minimum removal potential of 10% in over 25 countries, concentrated in Africa, South America, and Eastern Europe, and can potentially reduce carbon emissions by over 30% in Eswatini and more than 20% in Malawi, Argentina, and Ghana.

— 2023 global biochar market report

Workstream Impact: Education + Devlopment

“I'm excited to put the knowledge gained at the Biochar Academy into action! One area I'm particularly interested in exploring is the use of bamboo-derived biochar to improve crop yields and soil health in Thai agriculture. Bamboo is a readily available and fast-growing resource in Thailand, making it a promising feedstock for biochar production. By researching and implementing this approach, we could contribute to a more sustainable agricultural future for Thai farmers, with the benefits of increased soil fertility, water retention, and potentially even enhanced crop yields.”
— Participant from Biochar Academy 2024: Thailand

Development Highlight

In 2024, IBI received a $50,000 grant awarded from the Climate Impact and Environmental Innovation Fund (CIEIF) and a $50,000 grant from the Indus Climate Fund (ICF).

The generous funding has made a pilot biochar project possible in the Punjab and Sindh provinces of Pakistan. The project is designed to asses the impact of utilizing biochar — made from local biomass waste — on building resilience in communities highly vulnerable to climate change.

 

Education Highlight

In May 2024, IBI partnered with ECHO Asia Impact Center in Thailand to train more than 70 biochar practitioners from 18 countries, while distributing 16 scholarships to regionally-based participants to facilitate access and equity.

By emphasizing peer-learning and networking, the Biochar Academy fosters innovation and strengthens the global community of biochar practitioners through place-based learning at host locations around the world. 

Revenue from Sponsorships

Revenue from Programs and Events

Our Growing Network

Published in 7+ Global Media Outlets

New Partners Creating Industry Impact

3 May 2024

Empowering Biochar Producers: The Story of CarbonPilot

Read More
29 January 2024

Addressing Climate Injustice in Kenya with Biochar

Read More
1 November 2023

Advocating for Biochar in Thailand

Read More

Read the FY24 Annual Report

Our journey in delivering durable carbon dioxide removal (CDR) credits in the voluntary carbon market (VCM)has seen biochar take the lead, accounting for over 90% of global deliveries, as reported in the CDR.fyi data-base.

This year, we estimate global biochar production has reached a significant milestone, with at least 350,000 metric tonnes produced annually, representing a potential 600,000 metric tonnes or more of CDR.
To sustain and accelerate this growth, developing high-value, large-volume end-use markets for biochar
remains a top priority.

At IBI, we firmly believe in the vast potential of biochar as a climate mitigation tool. Biochar serves as a sustainable input to agricultural and industrial supply chains, while offering solutions to bridge political and ideological divides.