Arca Climate Technologies
Arca’s carbon dioxide (CO2) removal technology speeds up the natural process of carbon mineralization occurring in ultramafic rocks, transforming CO2 from the atmosphere into rocks for permanent storage. The company is partnering with the critical minerals industry where ultramafic rock is abundant, keeping its footprint light while accessing unprecedented opportunity to return atmospheric CO2 into the ground.
“Arca is absolutely thrilled to be working with InBC. Our purpose is to stabilize the climate by capturing atmospheric CO2 and transforming into rock, where it is safely stored forever. This investment will help us continue to grow our team here in B.C. and build strategic partnerships with global producers of critical metals. With IP invented right here at the University of British Columbia, and this investment from InBC, Arca is another example of B.C.’s climate leadership.”
— Paul Needham, CEO, Arca Climate Technologies
Established
2021
Aligned impact objective
Driving climate action
Purpose
To restore the atmosphere by returning CO2 into the ground and stabilize the climate
Year invested
2024