● Climeworks is excited to take its collaboration with Microsoft to the next level: following its selection as part of Microsoft’s carbon removal portfolio last year, the two companies have now closed a new 10-year carbon removal offtake agreement.
● Such long-term commitments are crucial to help scale the carbon removal industry as it provides planning security to both sides and accelerates mainstream adoption.
● Especially in the case of direct air capture (DAC), multi-year commitments strongly foster long-term financing efforts and thus not only support the scale-up of the technology, but of the whole ecosystem behind it.
Press Officer at Climeworks
Press & Communications Specialist at Climeworks