Bolivia’s Exomad Green has signed a multi-year offtake agreement with Senken covering 105,000 tonnes of permanently removed CO₂ between 2026 and 2028, with the credits earmarked for use in the aviation sector.
Under the agreement, Senken’s total contracted volumes with Exomad Green approach $30m in durable carbon removal, according to the companies.
The credits will be generated from Exomad Green’s industrial biochar operations in Bolivia, including facilities in Concepción and Riberalta, as well as its Guarayos plant, which is currently under construction.
“This agreement reinforces a clear trend we’re seeing in the market,” said Diego Justiniano, Chief Executive of Exomad Green. “Aviation is one of the most demanding sectors when it comes to climate integrity. Capital flowing into permanent carbon removal signals a structural shift.”
Exomad Green produces biochar using forestry residues through a pyrolysis process that converts biomass into a stable form of carbon designed for long-term storage.
Senken said it assesses carbon removal projects using its Sustainability Integrity Index (SII), which reviews more than 600 data points as part of its procurement process.
“We’re seeing repeat demand from enterprise buyers who need carbon portfolios they can defend to their boards, auditors, and regulators,” said Adrian Wons, Chief Executive of Senken. “This agreement reflects how permanent removal is becoming a core component of credible climate strategies.”
