News & press
Read up-to-the-minute news from our press team, providing the latest developments within Climeworks, and across the climate industry.
Are you a journalist or a media professional?
Filter by
02.05.2023
CBS 60 Minutes | Inside efforts to scale direct air capture to slow climate change
Carbon dioxide is captured from the air and buried underground as part of groundbreaking new technology to slow climate change. Bill Whitaker met with teams making it happen in Iceland.
Read more
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.
19.04.2023
Climeworks confirms expansion to U.S., growing U.S. team in coming year to meet increasing carbon removal industry demand
Climeworks outlines its intent to engage in several large-scale direct air capture projects in the U.S. over the next few years, with the potential to create thousands of direct U.S. jobs in the process.
19.04.2023
Partners Group signs 13-year carbon dioxide removal agreement with Climeworks
Partners Group, a leading global private markets firm, has signed a 13-year agreement with Climeworks. Under the agreement, Climeworks will remove more than 7,000 metric tons of CO₂ from the atmosphere on Partners Group’s behalf, which will be permanently stored underground.
13.04.2023
In line with climate science, Climeworks calls for a clear distinction between emissions reductions and carbon removals
Emissions reductions and carbon dioxide removal fulfil two fundamentally different purposes in solving the climate crisis and present differing dynamics. Hence, Climeworks believes that the two solutions should be clearly separated and treated differently, in line with climate science.
13.04.2023
Heatmap: Climeworks wants to revamp the concept of net zero
The Swiss company’s statement calls for “a clear distinction between emissions reductions and carbon removals” in corporate and national climate plans and in the carbon market.
Read more
06.04.2023
First speakers announced for the Climeworks Direct Air Capture Summit 2023
Discover our line-up for the Climeworks Direct Air Capture Summit, taking place on June 6, 2023.
05.04.2023
POLITICO: The exec selling climate tech to corporates
Direct air capture is hot right now, and Carlos Härtel is one of those leading the push to capitalize on it.
Read more
01.04.2023
Bloomberg (video): The Last Resorts | Getting Warmer with Kal Penn
In this episode of Getting Warmer, Kal Penn explores some of the more drastic Plan Bs aimed at fighting global warming or protecting populations from climate extremes. These include supercharging the oceans’ ability to soak up CO2 and even managed retreat.
Read more
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.
21.03.2023
BBC: Climate change: Can we really take CO2 back out the air?
Tackling climate change could require sucking carbon back out of the atmosphere, according to the IPCC. Jocelyn Timperley looks at how these 'negative emissions' might work.
Read more
15.03.2023
Reuters: Bid in for $500 mln U.S. climate grant for direct air carbon capture
Two companies developing technology to suck carbon out of the air, Switzerland's Climeworks and California's Heirloom, have teamed with non-profit firm Battelle to bid for a $500 million U.S. grant to commercialize the climate-friendly technology.
Read more
15.03.2023
Carbon Herald: Climeworks, Heirloom And Battelle Apply For $500M US Grant For Direct Air Capture
Climeworks and California’s direct air capture company Heirloom, have come together with independent non-profit firm Battelle to apply for a $500 million US grant to commercialize their carbon removal technology, reports Reuters on March 15th.
Read more
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.
01.03.2023
Geekwire: Big tech’s billions for climate: Here’s where Amazon and Microsoft are making their carbon bets
In January 2020, Microsoft announced its $1 billion Climate Innovation Fund, and six months later Amazon unveiled its $2 billion Climate Pledge Fund.
Read more
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.
23.02.2023
Reuters: Carbon-removal companies launch group to lobby U.S. government on policies
More than 20 companies in the burgeoning carbon removal industry on Thursday launched a coalition that will lobby the U.S. government for new policies to help commercialize the nascent technology, which has received a flood of private investment in recent years.
Read more
23.02.2023
AXIOS: The carbon removal industry puts down roots as it grows
The Carbon Removal Alliance brings together 20+ members, spanning removal companies with multiple methods, buyers, and more. Members include Charm Industrial, Lithos Carbon, Stripe, Climeworks, and CarbonBuilt, to name a few.
Read more
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.
Read more
14.02.2023
POLITICO: Swiss CO2 removal leader pitches Gulf Coast hub
The Louisiana proposal is one of several that Climeworks AG is seeking to build out with funding from the Energy Department's $3.5 billion direct air capture program.
Read more
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.
25.01.2023
The Verge: Meet the former Tesla director who wants to pull carbon dioxide out of the air
After working to expand Tesla’s operations internationally, Douglas Chan is leading a similar effort at Swiss climate tech company Climeworks.
Read more
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.
Read more
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)
Read more
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.
Read more
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.
Read more
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.
Read more
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?
Read more
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
%2Fcdn.vox-cdn.com%2Fuploads%2Fchorus_asset%2Ffile%2F24126724%2F1236290568.jpg&w=640&q=75)
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.
Read more
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.
Read more
19.09.2022
DAC+S 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 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
Read more
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.
Read more
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.
Read more
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.
Read more
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.