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OCOchem
Org Type
For Profit
Year Founded
2020
Project
Company
Financials
Customers & Partnerships
Link: LinkedIn:
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Energy
Finance
Social & Cultural Pathways
Transport and Mobility
How Project Affects Greenhouse Gas (GHG) Emissions:
['Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses)']
Impact on Underrepresented Groups:
We take the simple view, that building a better, greener and cheaper process to make the world's chemicals, fuels and materials more positively and proportionally benefits those on the margins of many societies who are historically underrepresented. By reducing the cost of everyday items AND reducing GHG emissions the would becomes more affordable and more livable to those with the fewest resources.
Website:
http://www.ocochem.com
Mission Statement:
OCOchem's mission is to be the lowest cost and lowest carbon producer of formate in the world. By making a liquid C1 platform molecule from just CO2, water and clean electricity using advanced CO2 electrolysis technology with large-scale (>1.5m2) cells we will not only accelerate decarbonization but expand global abundance.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Sources of Past Funding:
Individual donations
Foundation grants
Corporate contributions
Government grants
Membership fees
Events and fundraisers
Earned income
Corporate partnerships
Bequests and planned giving
In-kind donations
Impact investing
Crowdfunding
Endowments
Bootstrapped
Equity
Debt
Carbon offsets or credits
Other (please specify)