Morgan Stanley ↔ Climeworks

Morgan Stanley: a firm purchase of 40,000 t of direct air capture removal from Climeworks.

BuyerMorgan Stanley

SupplierClimeworks

Tonnes40,000 t

Capture pathwayDirect air capture

Storage mediumgeological

Commitment typefirm

Deal structureofftake

Source pathway descriptionDirect Air Capture

Delivery window2024-2037

Project locationUnited States

VerificationBeZero Carbon

NotesLong-term agreement lasting until 2037. Climeworks' second-largest contract to date. Morgan Stanley's first purchase of Direct Air Capture credits. Climeworks operates as anchor technology provider for Project Cypress DAC Hub in Louisiana, supported by U.S. Department of Energy Bipartisan Infrastructure Law funding.

Durability defaultedtrue

Previous durabilitydurable-1000y

Previous durability basispathway-default

Durability notePathway default removed; duration requires source evidence

automatically extracted from the cited source; not yet reviewed by a person · discovered via carbon-removal-updates · extracted 2026-08-24

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More: Climeworks · Direct air capture