
Climeworks Orca plant, Iceland. Credit: Climeworks
Pioneering direct air capture firm says latest equity round will help it build multi-trillion dollar industry, as IPCC concludes technology is now essential for keeping 1.5C goal within reach
Carbon capture firm Climeworks has announced that it has completed a $650m equity round a day, just after the IPCC stated that carbon dioxide removal would now be essential to limit global warming to 1.5C....
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
- Choose from 3 paid membership levels or start a 7-day no strings trial