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13-07-2022

Climeworks becomes first supplier of long-term, technology-based carbon removal to Microsoft, as the companies sign a 10-year offtake agreement

In 2020, Microsoft announced its pioneering commitment to be carbon negative by 2030 and remove all of its historic CO2 emissions by 2050. One year later, Climeworks’ carbon dioxide removal was the only DAC solution selected by Microsoft for its first carbon removal portfolio, after successfully passing an extensive review process.

Climeworks is to take its collaboration with Microsoft one step further by becoming its first long-term carbon removal supplier. The two companies signed a 10-year carbon removal offtake agreement, where Climeworks will permanently remove 10’000 tons of CO2 emissions from the atmosphere on Microsoft’s behalf. This second and forward-looking commitment is one of the largest DAC agreements ever signed and proof of Microsoft’s conviction of both Climeworks’ technology and ability to scale.

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