“The commitment from JP Morgan is a landmark. Carbon dioxide removal is a complementary but essential tool to address unavoidable emissions and help the world move from net zero commitments to net zero progress. High-quality solutions like Climeworks’ measurable, additional, and permanent CDR via direct air capture and storage (DAC+S) need to be deployed fast. As we expand to achieve climate impact at scale, we look forward to supporting one of the world’s leading financial institutions on its journey to net zero.”
Jan Huckfeldt, Chief Commercial Officer at Climeworks.
“JP Morgan’s long-term agreement with Climeworks sets a compelling example for the immediate action and the portfolio approach that are needed to deploy CO2 removal solutions. The finance industry has no doubt become a trailblazer in supporting the scale-up of high-quality carbon removal solutions; today marks a new milestone in this field,”
Christoph Gebald, co-CEO and co-founder of Climeworks.
“Innovative technologies play an increasingly important role in the transition to a low-carbon economy. At JPMorgan Chase, we prioritize reducing our own environmental footprint. To complement our operational emissions reduction efforts, we’re collaborating with companies like Climeworks to address our unabated emissions today and, crucially, to support the development of scalable solutions that the world needs to achieve net-zero emissions by 2050,”
Brian DiMarino, Managing Director, Head of Operational Sustainability at JP Morgan Chase & Co.
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Press Officer at Climeworks
Press & Communications Specialist at Climeworks