Biochar Project Finance: What's available today and where do we want to go?

IBI and Kita partnered up for a panel and interactive discussion to dive into what’s available now regarding biochar project finance and where the industry is heading. Each panelist provided a unique perspective of how they’re currently engaging with biochar project finance and where they’d like to see advancement.
Moderator: Hannah Calloway, IBI
Panelists:
• James Kench, Kita
• Jan Cihlar, PYREG
• Jason Dodier, ‪@grainecosystem‬
• Will Higbee, ‪@weareflowcarbon‬
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[@sandiamartin585]

I appreciate the IBI and the speakers for their time and conversation on this topic. However, for a new project just starting out, the outlook for getting a project finance looks pretty grim to me. My takeaway from this webinar is that 1) A project needs to already be built and producing biochar (track record) to be able to get finance because that will mostly de-risk it enough for investors or banks to be comfortable giving money, or 2) the project needs to have fixed price and fixed volume off-take contracts for all of its biochar and carbon credits, before they are even made (which incidentally, I know is an impossible task to accomplish). Again, sadly, the future looks pretty dismal for new Biochar projects coming online anytime soon.