Climeworks Partners With SWISS And Lufthansa To Accelerate Direct Air Capture For The Aviation Industry

Climeworks Partners With SWISS And Lufthansa To Accelerate Direct Air Capture For The Aviation Industry - Carbon Herald
Jan Wurzbacher, co-founder and co-CEO of Climeworks, and Dieter Vranckx, CEO of SWISS, at Zurich Airport in February 2024. Credit: Climeworks

Direct air capture (DAC) leader Climeworks announced a new milestone representing first industry movers purchases of durable DAC carbon credits. The company entered a partnership with the flag carrier of Switzerland, Swiss International Air Lines (SWISS), and the Lufthansa Group to jointly accelerate the scale-up of high-quality carbon removal.

According to the agreement, SWISS and the Lufthansa Group will purchase carbon removal volumes with a long-term horizon, initially extending until 2030, with the option to prolong the collaboration and purchase additional volumes in the future. SWISS’ customers will also have the opportunity to take climate action with Climeworks’ carbon removal solution in the future.

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The partnership makes SWISS, a subsidiary of the Lufthansa Group, Climeworks’ first customer in the aviation industry. It also marks the first key movers among airlines to address their unavoidable emissions via direct air capture and storage credits.

As part of its climate strategy, until 2030, SWISS plans to move towards an emission reductions pathway, validated by the Science Based Target initiative. The company is committed to reducing emissions in its own operations, significantly increasing the use of sustainable aviation fuels, and fostering high-quality removal initiatives.

“The decision to partner with Climeworks and to purchase its high-quality carbon removal solution reflects our ambition at SWISS to promote key technologies on the journey to net zero. In order to achieve the aviation sector’s targets and the global climate goals, we must rely on a variety of measures – including the rapid scaling of sustainable aviation fuel and carbon removal”, says SWISS CEO Dieter Vranckx.

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So far, some of the climate change mitigation measures adopted by the airline are the use of sustainable aviation fuel in its aircrafts to reduce emissions, investments in modernized fleets and various measures to improve the operations’ efficiency. The company is also working towards the inclusion of Climeworks’ high-quality carbon removal service in its diverse portfolio of customer offers for those who want to offset their travel emissions with high quality carbon credits.

“Industries like aviation with hard-to-abate emissions are sometimes unjustifiably confronted with moral hazard questions when investing in carbon removal. It must be cleared up once and for all: no cost-sensitive company will consider high-quality carbon removal without first having exhausted all available CO2 reduction measures. SWISS’ pioneering carbon removal purchase shows their steadfast commitment to making net zero in aviation a reality”, commented Jan Huckfeldt, Chief Commercial Officer of Climeworks.

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