Montreal’s CarbiCrete, a pioneer in concrete decarbonization, has announced a groundbreaking carbon financing partnership with Meta, aiming to scale its cement-free concrete technology across Canada.
The collaboration will facilitate the installation of CarbiCrete’s equipment at Canal Block, an Ontario-based block-maker, and enhance capacity at Patio Drummond, a Quebec facility where CarbiCrete’s technology is already in commercial use.
CarbiCrete’s innovative process eliminates cement from concrete production by substituting it with a steel-making by-product. Additionally, the process captures and permanently stores carbon dioxide through mineralization, offering a dual benefit of avoiding cement-related emissions and reducing atmospheric CO₂ levels.
3Degrees, a leader in climate solutions and a long-term partner of CarbiCrete, will oversee the quantification and verification of emissions reductions achieved through this initiative. The partnership aligns with Meta’s commitment to achieving net-zero emissions across its value chain by 2030 and highlights the potential of carbon financing to drive sustainable innovations.
“This is truly a win-win scenario,” said Jacob Homiller, CEO of CarbiCrete. “The accelerated implementation of our technology will reduce emissions in the concrete value chain while providing cement-free materials to the construction industry. We are thrilled to collaborate with Meta and 3Degrees to decarbonize this hard-to-abate sector.”
Meta’s Devon Lake, head of net zero strategy, emphasized the importance of addressing emissions in challenging industries. “Decarbonizing hard-to-abate sectors like concrete is an essential part of our strategy. Working with organizations like CarbiCrete allows us to accelerate the implementation of impactful technologies.”
Mark Mondik, Vice President of Carbon Markets at 3Degrees, praised the initiative, stating, “This project showcases how carbon finance can drive deep supply chain decarbonization. We’re excited to bring our expertise to this effort.”
This partnership marks a significant step forward in reducing the environmental footprint of concrete, one of the world’s most widely used building materials, while advancing the global transition to sustainable construction practices.