Climeworks and Great Carbon Valley (GCV) are exploring the development of large-scale DAC+S projects in Kenya.
Climeworks has raised CHF 600 million in equity in its latest financing round, which will unlock the next phase of Climeworks' growth.
Climeworks is exploring the development of a large-scale direct air capture (DAC) project in Kenya to remove and store carbon dioxide from the atmosphere with Great Carbon Valley, the first of its kind in East Africa.Read more
Climeworks and Carbfix announce to work with Puro.earth to certify Climeworks’ carbon dioxide removal (CDR) services under the Puro Standard
The film “Climeworks: Removing CO₂ from the air” dives into our history, technology, and scalable potential.
During our online webinar, JPMorgan Chase & Co. and The Nature Conservancy discussed why a carbon removal portfolio needs to include both technological and nature-based solutions.
Together with its project partners, Climeworks received Notification of Selection for three out of three direct air capture hub proposals from the U.S. Department of Energy.
Battelle and leading clean technology developers Climeworks and Heirloom have received Notification of Selection from the U.S. Department of Energy (DOE) for a proposal for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.
Direct air capture plants proposed by Occidental and Climeworks will receive as much as $1.2 billion in US funding to fight climate change.Read more
In this third edition of the Climeworks industry snapshot, our bi-annual publication focusing on the DAC industry, we feature contributions from scientists, industry and policy experts discussing DAC technology and exploring how it can help to ‘supercharge’ carbon removal.
The additional purchase by the media group sets an example for how early buyers across industries can take action on CDR and build long-term relationships in this emerging sector.
On September 17-24, Climeworks will participate at the Climate Week NYC 2023 - the largest annual climate event of its kind. Let's connect!
Preparations for in-situ CO₂ storage underway, thanks to partner Carbfix: Now that the harsh Icelandic winter has passed, we’re pleased to share that a further key piece of the facility is about to be completed: two in-situ storage installations, owned and operated by Carbfix.
Read our highlights to learn what it takes to advance high-quality carbon removal solutions.
Monitoring, reporting, and verification are becoming increasingly crucial to ensuring that carbon removal startups are delivering on their promises to clean up the atmosphere.Read more
The 2023 Direct Air Capture Summit successfully concluded in Zurich, Climeworks' global headquarters, bringing together all facets of the ever-expanding carbon dioxide removal (CDR) industry, and its stakeholders.
Valued above USD 20 million, the agreement represents one of the largest purchases to date in the direct air capture (DAC) industry.
JPMorgan Chase & Co. has made one of the largest single corporate purchases to pull carbon from the air: The bank will pay Swiss startup Climeworks $20 million for removal services.Read more
The biggest U.S. bank is making one of the biggest bets ever to remove carbon from the atmosphere as a way to fight climate change.Read more
In April 2023, Climeworks published a statement calling for a clear distinction between emissions reductions and carbon dioxide removal - in climate pathways, target setting and industry standards. The reactions have been very affirmative and while Climeworks initiated the statement, it became clear that it addresses a topic relevant to the broader carbon removal ecosystem.
Together with DNV, Climeworks discussed the critical role of monitoring, reporting and verification (MRV) to scale high-quality carbon removal solutions.
The KIG, which will be voted on in Switzerland on June 18, 2023, is a significant milestone towards achieving Swiss climate targets
This prestigious annual list, published by CNBC, the global leader in business news, highlights some of the most innovative venture-backed companies disrupting their respective industries and driving change across the business world.
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
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.
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.
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.
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
Discover our line-up for the Climeworks Direct Air Capture Summit, taking place on June 6, 2023.
Direct air capture is hot right now, and Carlos Härtel is one of those leading the push to capitalize on it.Read more
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
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.
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
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
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
Our online webinar with Shopify put the spotlight on the buyer and supplier perspective about why companies should purchase carbon removal today.
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
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.
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
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
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.
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
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
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.
After working to expand Tesla’s operations internationally, Douglas Chan is leading a similar effort at Swiss climate tech company Climeworks.Read more
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
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
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
Climeworks provides third-party verified 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).
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