BCG and Climeworks ink 15-year carbon removals deal

Stuart Stone
clock • 3 min read
Credit: Climeworks
Image:

Credit: Climeworks

Firms confirm landmark carbon removal purchase as part of deal that will also see BCG provide consulting services to Climeworks

Climeworks and Boston Consulting Group (BCG) have today announced a 15-year partnership agreement that has been hailed as the largest corporate carbon removals purchase in the direct air capture tech firm's...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on CCS

BP to reduce stake in flagship carbon capture and storage projects
CCS

BP to reduce stake in flagship carbon capture and storage projects

Oil and gas giant says it is 'right time to sell' equity and bring in new partners for Net Zero Teesside and Northern Endurance Partnership projects

Stuart Stone
clock 08 May 2026 • 3 min read
Carbon removal lessons from Denmark: A reality check for the UK
CCS

Carbon removal lessons from Denmark: A reality check for the UK

Policy ambition for CDR must align with technological readiness, writes Leonie Meissner from LSE's Grantham Research Institute on Climate Change and the Environment

Leonie Meissner, LSE
clock 10 April 2026 • 4 min read
'Decision paralysis': EU urged to mobilise CCUS projects now or risk missing climate targets
CCS

'Decision paralysis': EU urged to mobilise CCUS projects now or risk missing climate targets

Trade body warns delays in deploying critical carbon capture projects will result in both missed emissions targets and continued deindustrialisation

clock 02 March 2026 • 4 min read