ImpactAlpha, April 6 – If sustainable drywall sounds like a niche innovation, consider that gypsum board is among the world’s most-used building materials and a major component of buildings’ carbon footprints.
U.K.-based Adaptavate’s circular, less carbon-intensive alternative uses plant-based waste and lime, known for its ability to absorb CO2. Adaptavate mixes in captured carbon to strengthen the drywall.
“It’s a fundamental rethink and re-design of the current system,” said Adaptavate’s Tom Robinson.
Adaptavate will build a pilot plant with the $2.8 million in funding from Low Carbon Innovation Fund, Counteract and a U.K. government grant.
In a major signal of the arrival of a carbon removal market, Swiss direct-air carbon capture venture Climeworks raised 600 million Swiss francs ($646 million) to scale its modular CO2 collectors. Partners Group and Singapore-based GIC led the round.
Climeworks built its first direct-air capture and storage plant in Iceland last year. The fresh funding will support a new plant capable of removing 40,000 tons of CO2 a year.