Climeworks continues to make large-scale carbon dioxide removal a reality with the rapid construction of its new direct air capture and storage plant “Orca”.
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Climeworks has been chosen as one of the climate-positive projects that Shopify supports through its Sustainability Fund.
Although passenger traffic is currently at its lowest level since the 1970s due to the ongoing pandemic, the need for climate action has not subsided.
On 8th September 2020, Climeworks hosted the Direct Air Capture Summit, a conference discussing carbon dioxide removal solutions and their potential to help stop global warming.
In a first phase of this funding round, Climeworks had announced the successful raise of CHF 73 million (USD 75 million) in equity from private investors in April.
Climeworks has signed groundbreaking agreements with Carbfix and ON Power to lay the foundation for a new plant that will significantly scale-up carbon removal and storage.
Through Tomorrow’s Air’s partnership with Climeworks, travelers can remove carbon dioxide through Climeworks’ direct air capture and permanently store it with the click of a button
Climeworks has been selected, among hundreds of candidates, as one of the World Economic Forum’s “Technology Pioneers”.
Norsk e-Fuel AS, the new European industry consortium headquartered in Oslo, has announced to industrialize Power-to-Liquid technology (PtL) in Norway for the European market.
Climeworks raises CHF 73M (USD 75M) – the largest ever private investment into direct air capture
Businesses play an important role when it comes to mitigating climate change. Some pioneering businesses are already taking action and thereby inspiring others to follow suit.