- High-quality carbon dioxide removal (CDR) deserves more visibility on the political agenda to help meet global climate targets and realize the potential of this trillion-dollar industry.
- Climeworks is therefore excited to be amongst the founders of the newly launched Carbon Removal Alliance (CRA), with Climeworks' own Chief Climate Policy Officer Christoph Beuttler joining the CRA's board.
- The CRA, led by Executive Director Giana Amador, is the first U.S. policy coalition focused on a portfolio of high-quality, permanent carbon removal to drive technology-neutral policies that do not just focus on a fraction of the CDR solutions we need, but on a holistic portfolio.
- What's important is that CDR solutions should meet distinct quality criteria to incentivize the scaling of high-quality solutions, namely permanence, net negativity, additionality and verifiability - in line with the principles that Climeworks is putting forward with its carbon removal service via direct air capture technology.
"We are excited to co-found this strong network of innovators focusing on high-quality carbon removal. The Carbon Removal Alliance embodies what Climeworks has always been advocating for: the scale-up of carbon removals that are permanent, net negative, additional and verifiable. A portfolio of CDR solutions is needed on gigaton level by 2050 and we need to make sure that the highest-integrity solutions are incentivized. As a board member, I hope to share the learnings we gained at Climeworks to accelerate this scale-up - in particular our experience with permanence and third-party certification."
Christoph Beuttler, Chief Climate Policy Officer at Climeworks