Company news
2 min read

Carbonx Accelerates Climate Action with Innovative Carbon Removal Solutions

Written by
Published on
08 July 2024

Harnessing the Greater Zurich Area's Expertise to Propel Scalable Climate Action

Carbonx, a leading provider of carbon removal procurement, finance, and portfolio management expert services, has established a strong presence in the Greater Zurich Area. We are thrilled to be featured in the Greater Zurich Area's success stories, highlighting our role in driving the scale-up of the CDR industry, which is crucial for meeting global climate commitments. By leveraging one of Europe’s largest centres of carbon dioxide removal (CDR) expertise, Carbonx aims to advance an industry critical to achieving global climate goals.

The Greater Zurich Area, known for its climate leadership and robust financial services sector, provides an ideal environment for Carbonx’s mission. By tapping into Zürich’s strengths, Carbonx facilitates early buyers’ access to a diverse range of trusted CDR suppliers, ensuring a reliable supply. Within less than two years, Carbonx has facilitated over CHF 10 million in purchases from leading CDR suppliers, covering the full range of scalable, scientifically proven carbon removal methods. As organisations strive for net zero, Carbonx’s expertise plays a pivotal role in shaping a sustainable future.

Paolo Piffaretti, Co-Founder & CEO of Carbonx, stated, "The combination of the Greater Zurich area’s climate and financial services leadership makes the region a logical place to create a centre of CDR procurement and finance expertise to support demand for our proposition to those committed to net zero or net negative carbon future."