Climeworks

Climeworks empowers people and companies to fight global warming by offering carbon dioxide removal as a service via direct air capture (DAC) technology. At Orca, Climeworks’ DAC facility in Iceland, the CO2 is permanently removed from the air by capturing and geologically storing it for thousands of years with Climeworks’ storage partner Carbfix.

Climeworks’ DAC facilities run exclusively on clean energy, and their modular CO2 collectors can be stacked to build machines of any capacity. Founded by engineers Christoph Gebald and Jan Wurzbacher in 2009, Climeworks is on a journey to climate impact at scale. To do so, it strives to inspire 1 billion people to act and remove CO2 from the air.

Climeworks is spear-heading the DAC industry globally, with the world’s largest DAC facility and storage installation in operation and a team of over 300 Climeworkers determined to contribute to a net-zero future. Their growing customer base includes over 160 companies, including multinationals such as Microsoft, BCG, UBS or Swiss Re, as well as more than 18,000 individual Climate Pioneers.

“Climate tech requires a thriving ecosystem to catalyze investment, accelerate policy changes, and facilitate the rapid adoption of groundbreaking solutions against climate change.”

Christoph Beuttler, Chief Climate Policy Officer


This might also interest you

  • EU Climate Tech Manifesto

    Demands of the climate tech ecosystem for European policymakers Europe is at a crossroads: the continent’s economic strength and resilience have been increasingly challenged in recent years. The European Union (EU) must now come up with a clear strategy and smart measures to respond to these challenges. Smart economic policies, market-oriented mechanisms and strategic investments…

    Learn more: EU Climate Tech Manifesto
  • Public Credit Guarantees

    How to finance the scaling of breakthrough climate technologies? Many climate tech startups and scaleups struggle to secure the necessary financing for first-of-a-kind (FOAK) facilities – even with existing offtake agreements. Venture capital financing, the most common form of startup finance, is usually not sufficient to meet the investment needs of hardware startups. However, loans…

    Learn more: Public Credit Guarantees
  • Green Public Procurement

    Policy paper: “Green Public Procurement – Stimulating climate-neutral demand for a competitive EU net zero economy: A case study of Germany” The public sector awards contracts worth around 500 billion euros a year in Germany alone – equivalent to around 13% of gross domestic product. Such massive purchasing power can be leveraged to reduce greenhouse…

    Learn more: Green Public Procurement