News & press
Read up-to-the-minute news from our press team, providing the latest developments within Climeworks, and across the climate industry.
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21.03.2023
Mammoth: what it takes to manufacture direct air capture plants at new scales
The construction of Climeworks’ Mammoth plant is well underway and the production of the plant’s CO₂ collector containers (abbreviated as CCs) has started. The CCs are the modular units capturing CO₂ from the air. They exemplify one of the core components of Climeworks’ direct air capture (DAC) plants, which will need to be produced on a much larger scale in the future. The CCs were fully developed and designed by Climeworks.
05.04.2022
Climeworks raises CHF 600 million in latest equity round
Climeworks has raised CHF 600 million in equity in its latest financing round, which will unlock the next phase of Climeworks' growth.
06.03.2023
Carbon catch-up | The business case for carbon removal | With Shopify
Our online webinar with Shopify put the spotlight on the buyer and supplier perspective about why companies should purchase carbon removal today.
23.02.2023
Climeworks is amongst the founders of new Carbon Removal Alliance advocating for permanent carbon dioxide removal
Climeworks is amongst the founders of the newly launched Carbon Removal Alliance (CRA) - the first policy coalition focused on a portfolio of high-quality, permanent carbon removal.
21.02.2023
Climeworks at TED: The massive machines removing CO₂ from Earth's atmosphere
Co-founder and co-CEO Jan Wurzbacher shared his expert insight at TED Countdown on the potential and challenges of scaling direct air capture technology.
15.02.2023
Sifted: Climeworks eyes US expansion in wake of $369bn climate bill
Climeworks, the world’s best-funded carbon removal startup and a poster child of European climate tech, is looking to expand into the US in the wake of the country’s $369bn climate bill, which offers significant financial incentives for climate tech companies.
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10.02.2023
A call for standardization of carbon dioxide removal
Seventy representatives of organizations concerned with carbon dioxide removal (CDR), incl. Climeworks, are calling for standards to assess the performance of different CDR approaches in an open letter.
24.01.2023
Business Insider: The world is one step closer to making a business out of vacuuming carbon dioxide from the sky
The latest climate win came in the form of an audit. The Swiss company Climeworks this month hit a milestone when, for the first time, an independent third-party verified the startup's novel technology for sucking carbon dioxide out of the atmosphere and storing it underground.
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16.01.2023
BusinessGreen: 'Building trust': Climeworks celebrates carbon removal certification milestone
Negative emissions technology pioneer Climeworks has chalked up another major milestone for the nascent industry, last week confirming it has provided third-party certified carbon dioxide removal (CDR)
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13.01.2023
Bloomberg (video): Is CO2 Removal Ready for Its Big Moment?
In a field long plagued by hype and high costs, carbon removal startups are showing real promise. The question is whether they can scale up in time.
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12.01.2023
Climeworks delivers third-party certified CDR services to its first corporate customers, based on first and only validated DAC+S methodology
Climeworks provides third-party certified CDR services, performed at Orca, to its first corporate customers, thereby setting new industry standards for carbon dioxide removal (CDR) via direct air capture & storage (DAC+S).
12.01.2023
WSJ: Climate Startup Removes Carbon From Open Air in Industry First
One of the most important technologies to address climate change got a boost Thursday when a startup said it pulled carbon dioxide from the open air and stored it underground.
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12.01.2023
CBS: A possible carbon-capture milestone in the fight against climate change
In what could be a major milestone in the fight against climate change, a startup said Thursday it has started successfully pulling carbon dioxide from the air and burying it underground.
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11.01.2023
Meet Climeworks at the WEF Annual Meeting 2023
From 16-20 January, Climeworks will participate in the World Economic Forum 2023 Annual Meeting in Davos to further advance the understanding of CDR technologies as a necessary tool for climate change mitigation in addition to emissions reductions, drive climate commitments, and foster new as well as existing relationships.
21.12.2022
The year in review: Climeworks' highlights of 2022
Learn more about the major milestones that Climeworks achieved over the past 12 months.
16.12.2022
Mammoth: a glimpse into the most advanced DAC+S facility steadily coming to life in winterly Iceland
The site where Climeworks’ new and largest DAC+S plant Mammoth will be located is progressing well.
13.12.2022
Scaling direct air capture: deployment stage
Climeworks introduces its second industry snapshot, a publication focusing on the trends and topics driving growth within the direct air capture (DAC) industry. In this iteration, Climeworks examines the increasing deployment of DAC technology, and the conditions necessary to further drive it.
02.12.2022
Scaling carbon removal: the critical role of the insurance industry
Our online webinar with Swiss Re provided a first-hand insight into how insurers can leverage their expertise to enter the nascent carbon removal market.
14.11.2022
Climeworks selected as the first provider of technological CDR by H&M Group
Climeworks signed a multi-year carbon dioxide removal (CDR) agreement with H&M Group, covering the removal of 10,000 tons of CO₂. The CDR agreement with Climeworks is H&M Group’s first step of a long-term commitment to high-quality CDR.
01.11.2022
Climeworks appoints three new Executive Team members
Finding the right talents to inspire climate action and realize the potential of carbon dioxide removal (CDR) in the fight against global warming is a crucial component of Climeworks’ journey and the entire industry’s development.
28.10.2022
Climeworks is preparing for COP27 in Sharm el-Sheikh
COP27 will take place from 6-18 November in Sharm el-Sheikh, Egypt. Learn more about Climeworks' activities there!
27.10.2022
FT Tech Tonic (podcast): Climate tech to save the planet: Out of thin air
If the problem is that we’ve been taking too much carbon out of the ground and releasing it into the air, why not reverse that process? Take carbon out of the air and put it back in the ground?
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20.10.2022
Climeworks completes the commercial operations of its 1st gen technology in Hinwil, Switzerland, the world's first commercial DAC facility
Today, Climeworks completes the commercial operations of its direct air capture (DAC) facility in Hinwil, Switzerland, which allows us to double down on our direct air capture and storage (DAC+S) journey to gigaton capacity by 2050
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20.10.2022
Climeworks closes a chapter in early carbon removal tech
The company is pivoting from selling CO2 to make fizzy beverages to storing the greenhouse gas permanently underground.
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17.10.2022
Carbon Herald: Climeworks To Achieve Multi-Megaton Carbon Removal Capacity By 2040
Carbon removal specialist Climeworks is on its way to reach multi-megaton capacity as early as 2040, according to the company itself.
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19.09.2022
DAC+S certification methodology validated by DNV - developed and implemented by Climeworks and Carbfix as partners for permanent carbon removal
Climeworks and Carbfix are proud to have developed and implemented the first full-chain certification methodology for CDR via DAC+S, in close consultation with DNV
19.09.2022
3 big direct carbon capture deals to know
For more information click the Read more button below
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15.09.2022
U.S.: Climeworks is ready to contribute to the American DAC ecosystem
The time is right to further contribute our expertise in DAC to the U.S., an ecosystem with forward momentum in DAC, a skilled talent pool, and an experienced network of companies and civil society stakeholders.
05.09.2022
Catalyzing Swiss innovation: PwC Switzerland signs 9-year carbon removal contract with Climeworks
PwC Switzerland has selected Climeworks' high-quality carbon removal service to help achieve their goal of reaching net zero GHG emissions by 2030.
30.08.2022
UBS signs 10-year agreement with Climeworks, underlining the financial services industry’s central role in scaling carbon removal
UBS is the latest and largest financial services company to commit to Climeworks’ carbon removal service
29.08.2022
Euronews: What is carbon removal? Experts explain why only cutting CO2 emissions isn't enough
As CO2 emissions continue to climb, experts say our chances of averting drastic climate change will rest not just on reigning in pollution, but also on removing carbon from the atmosphere.
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29.08.2022
Euronews - What is carbon removal? Experts explain why only cutting CO2 emissions isn't enough
As CO2 emissions continue to climb, experts say our chances of averting drastic climate change will rest not just on reigning in pollution, but also on removing carbon from the atmosphere.
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11.08.2022
FT: Racing against the clock to decarbonise the planet
On a desolate, snow-dusted stretch of Icelandic tundra, east of Reykjavik, eight giant metal boxes, stacked in twos, rise out of the ground on concrete stilts. Along one side, numerous black fans whirr continuously, sucking in the cool air.
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18.07.2022
Climeworks' Direct Air Capture Summit 2022 highlights
Read up on the key take-aways of this year's Direct Air Capture summit, hosted by Climeworks!
13.07.2022
Climeworks becomes first supplier of long-term, technology-based carbon removal to Microsoft, as the companies sign a 10-year offtake agreement
Climeworks is proud to take its collaboration with Microsoft to the next level with a new, 10-year carbon removal agreement.
30.06.2022
HIBT Lab! (podcast): Climeworks - Jan Wurzbacher
This week on How I Built This Lab, Guy talks with Jan Wurzbacher, co-founder and CEO of Climeworks. They discuss how Jan and his team built the world’s largest direct air capture facility, which filters carbon dioxide from the air and stores it permanently underground. Plus, Jan’s optimistic vision of how humans can achieve the goal of reversing climate change.
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28.06.2022
Climeworks takes another major step on its road to building gigaton DAC capacity
Groundbreaking on Mammoth, Climeworks’ newest direct air capture and storage facility, has started.
28.06.2022
CNBC - From milligrams to gigatons: Startup that sucks carbon dioxide from the air is building a big plant in Iceland
CNBC's Cat Clifford reports on Climeworks' announcement that it has started groundbreaking of "Mammoth" - Climeworks' second commercial-sized plant in Iceland - and traces the beginnings of Climeworks.
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14.06.2022
A look at the direct air capture industry today
Climeworks has published its first industry snapshot report about the latest trends, insights and developments in the direct air capture industry.
08.06.2022
Accelerating the market for carbon removal | Insights with Stripe
Climeworks hosted a virtual event to dive into the USD 925 million advance market commitment (AMC) by Stripe's recently launched Frontier fund and discuss how it will help to scale up permanent carbon removal technologies.
08.06.2022
Wall Street Journal - Carbon Removal Industry Draws Billions to Fight Climate Change
Nascent technology to pull carbon from atmosphere is fastest-growing area in climate finance.
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23.05.2022
La Prairie collaborates with Climeworks to neutralize emissions of its new product
La Prairie collaborates with Climeworks to permanently remove the emissions generated during the production of its new product on behalf of its on-site clients.
03.05.2022
Bloomberg - Musk and Google Add to $2 Billion Boost for Carbon Removal
The delay in cutting emissions is opening up opportunities for technologies that promise to undo climate damage.
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12.04.2022
Verdane to neutralize all future residual emissions with engineered carbon removals
Verdane has selected Climeworks as one of three companies to permanently remove all its future residual emissions. With this commitment, the equity investor aims to catalyze demand for crucial net zero technologies.
08.04.2022
The AMAG Group relies on Climeworks' technology to drive forward its climate strategy
As part of its climate strategy, the AMAG group has selected Climeworks to remove part of its unavoidable CO₂ emissions, which will help the Swiss mobility provider to achieve net zero by 2040.
31.03.2022
Climeworks was named one of the TIME100 Most Influential Companies
Climeworks made it to the list of the TIME100 Most Influential Companies of 2022 in the category "Innovators"
30.03.2022
Swarovski signs agreement with Climeworks as part of its ongoing sustainability strategy
Swarovski has signed a 5-year carbon removal agreement with Climeworks, highlighting that companies should not only commit to pollute less in the future but also permanently remove their historic emissions from the past.
22.03.2022
The future of direct air capture policy: a Climeworks and Carbon180 event
Climeworks and Carbon180 hosted a virtual fireside chat to discuss the latest carbon dioxide removal policy developments and to shed more light on the topic of stakeholder engagement, which is essential for the success of any future direct air capture project.
22.03.2022
Reuters - New life injected into ambition of capturing CO₂ from air
Angeli Mehta reports on how demand from corporates and government incentives are helping companies like Climeworks and Carbon Engineering remove carbon directly from the atmosphere.
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03.03.2022
Zendesk supports Climeworks' technology and signs carbon removal agreement
Customer service and sales software company Zendesk permanently removes part of its unavoidable emissions with Climeworks and sends an important signal for the much-needed scale-up of direct air capture as an innovative climate tech solution.
08.02.2022
Rothesay takes action with Climeworks to make its own operations net zero for the next decade
The UK's largest pension insurance specialist has signed a 10-year carbon removal agreement with Climeworks, proving that the interest in long-term access to high-quality carbon removals is growing.