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climeworks-signs-13-year-dac-agreement-with-partners-group
© Climeworks
climeworks-signs-13-year-dac-agreement-with-partners-group
© Climeworks

Climeworks signs 13-year DAC agreement with Partners Group

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Direct air capture (DAC) specialist Climeworks has signed a 13-year agreement with global private markets firm Partners Group to remove 7,000 metric tonnes of carbon dioxide (CO2) from the atmosphere on the company’s behalf.

The DAC agreement follows Partners Group announcing it would develop a decarbonisation programme to achieve Net Zero corporate greenhouse gas emissions by 2030, of which the capture and storage of atmospheric CO2 will play a role.

David Layton, Partner and CEO of Partners Group, adds that the agreement reflects the company’s focus on sustainability and its commitment to achieving positive stakeholder impact over the long term.

“Our aim is to be a sustainability leader in private markets, by driving forward positive change at the companies under our stewardship, and also by playing a leading corporate role in the transition to a Net Zero global economy,” he said.

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