Swiss company Tivano has been awarded a CHF 500,000 ($606,000) rollout grant intended to support the acceleration of its biomass-focused carbon removal activities in Namibia. 

The grant is provided by the Renewable Energy, Energy, and Resource Efficiency Promotion in International Cooperation (REPIC) platform. 

Launched as a market-driven competence center, REPIC is a joint initiative of the State Secretariat for Economic Affairs (SECO), the Swiss Agency for Development and Cooperation (SDC), the Federal Office for the Environment (FOEN), and the Federal Office for Energy (SFOE). 

As such, the platform works on the promotion and implementation of projects, supporting knowledge sharing on renewable energy, energy and resource efficiency in international cooperation. 

The funding will support the growth of Tivano’s Dragonfly project in Namibia as the initiative transitions from a carbon dioxide removal demonstration into a large-scale deployment. 

The Zurich-based company specializes in the terrestrial storage of biomass, helping Namibia address the substantial issue of bush encroachment that threatens natural ecosystems in the country.

Earlier this year, Tivano successfully issued the first CORCs from the Dragonfly project, marking over 1000 units generated under the Puro Standard Terrestrial Storage of Biomass methodology.

Besides achieving carbon removal results, Tivano’s operations contribute to nature and land restoration in a region of Namibia that has been seriously affected by invasive bush species.

Relevant: Tivano Issues Its First CORCs From Terrestrial Biomass Storage In Africa 

To date, the company states that its activity has restored 120 hectares of land, removing more than 1000 tonnes of carbon dioxide from the atmosphere.

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