Swiss Re strikes $10 mln deal for DAC removal units

Published 14:02 on August 25, 2021  /  Last updated at 14:02 on August 25, 2021  /  EMEA, Paris Article 6, Switzerland, Voluntary Market  /  No Comments

Reinsurance giant Swiss Re has agreed to pay $10 million to be supplied with carbon removals units over ten years from Swiss-based direct air capture (DAC) specialists Climeworks, the companies said on Wednesday.

Reinsurance giant Swiss Re has agreed to pay $10 million to be supplied with carbon removals units over ten years from Swiss-based direct air capture (DAC) specialists Climeworks, the companies said on Wednesday.

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