Saudi Arabia has taken a significant step in its climate strategy by inaugurating the country’s first Direct Air Capture (DAC) demonstration unit, located at the King Abdullah Petroleum Studies and...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Riyadh, Dec 6, 2024 (ESG NEWS) – The King Abdullah Petroleum Studies and Research Center (KAPSARC) and Climeworks, a global leader in carbon dioxide removal, have signed a Memorandum of...
Key Impact Points: Morgan Stanley has partnered with Climeworks, a leader in carbon removal, to permanently eliminate 40,000 tons of CO₂ from the atmosphere. This partnership, which runs until 2037,...