EMEA > Swiss Re strikes $10 mln deal for DAC removal units

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

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.