Climeworks

Climeworks

Climeworks specializes in direct air capture and storage (DAC+S) technology to remove CO₂ from the air, offering carbon removal services to enterprises, SMEs, and individuals. Their services are permanent, measurable, and third-party verified, with CO₂ stored underground for over 10,000 years using the Carbfix method.

Overview of Climeworks

Climeworks specializes in direct air capture and storage (DAC+S) technology to remove CO₂ from the air. Their services address both unavoidable and historic emissions. The CO₂ captured is stored permanently underground, surpassing a safe storage period of over 10,000 years via the Carbfix method. Climeworks offers carbon removal solutions for enterprises, small and medium-sized enterprises (SMEs), and individuals. Their service is fully measurable and verified by third parties to ensure transparency and credibility.

Direct Air Capture Facilities - Orca and Mammoth

Climeworks operates Orca, the world's first large-scale commercial DAC+S facility, located in Iceland. Orca has an annual CO₂ capture capacity of up to 4,000 tons. Alongside Orca, the Mammoth plant in Iceland is designed with a nameplate capacity of up to 36,000 tons per year, making it approximately ten times larger than Orca. Both facilities are critical components of Climeworks' highly scalable and land-efficient technology.

Carbon Removal Services for Enterprises and Individuals

Climeworks provides carbon removal services to various sectors, including financial services, technology, and consumer goods. Companies like Microsoft, Stripe, and the LEGO Group leverage these services to meet their net-zero targets as part of the Science Based Targets initiative (SBTi). Climeworks' services address both unavoidable and historic CO₂ emissions and are powered by renewable energy sources.

Project Cypress in Louisiana

Climeworks has received funding from the U.S. Department of Energy for Project Cypress in Louisiana. This initiative underscores Climeworks' commitment to expanding its operational footprint and advancing carbon capture solutions in diverse geographic and climatic conditions. With over 120,000 operational hours, Climeworks continuously improves its technology to suit different climates and enhance efficiency.

Portfolio Offering: Engineered and Nature-Based Solutions

In addition to their engineered DAC+S technology, Climeworks has launched a comprehensive portfolio offering that includes both engineered and nature-based carbon removal solutions. This diverse portfolio allows clients to choose from various methods to offset their carbon footprint effectively. The versatility of Climeworks' offerings highlights their adaptability and commitment to providing comprehensive carbon removal services.

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