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deal · 4 June 2024
Zürcher Kantonalbank ↔ Climeworks
Zürcher Kantonalbank: a firm purchase of 1,750 t of direct air capture removal from Climeworks.
BuyerZürcher Kantonalbank
SupplierClimeworks
Tonnes1,750 t
Capture pathwayDirect air capture
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionDirect air capture
Delivery windowmulti-year
VerificationPuro
NotesMulti-year contract for CO₂ removal. Zürcher Kantonalbank has been an investor in Climeworks since 2014. The CO₂ removed complements the bank's net-zero strategy for emissions that cannot be reduced through its own operations. Deliveries are independently certified and documented in the public Puro registry.
Durability defaultedtrue
Date notethe extracted announced_date postdated the source reporting it, so the source does not support it; this is the date the source was published (0068)
Date is source publicationtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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More: Climeworks · Direct air capture