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Tapestry partners with Climeworks to scale high‑quality carbon removal solutions

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By Climeworks

February 24, 2026

Project Development 

Climeworks and Tapestry announced a 10‑year partnership that includes Tapestry’s first purchase of carbon removals. The agreement gives Tapestry access to Climeworks’ diversified portfolio of engineered and nature‑based carbon removal solutions, supporting the company’s efforts to address Scope 1 emissions and advance long‑term climate goals. The deal marks Climeworks’ first partnership with a North American retail and consumer goods company.

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A new study finds that enhanced rock weathering could remove up to 350 million tonnes of CO₂ annually by 2050 by accelerating natural rock reactions that lock away carbon. ERW uses crushed rock applied to soil and offers long‑term carbon storage along with potential agricultural benefits. While early carbon credits and rising investment signal growing momentum, challenges remain in verification, logistics and large‑scale adoption.

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ABB launched its first fully integrated gas analyzer package for CCUS applications, combining the Sensi+ CCUS, GCP100 and ACF5000 CCUS systems into a single turnkey solution. The package provides real‑time CO₂ impurity monitoring to help industrial operators meet strict purity standards, protect pipelines and reduce engineering complexity. It is supported by ABB’s global service network and can be enhanced with the company’s CCS 360 digital twin technology.

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Carbon Direct has launched CDR 2.0, a new framework aimed at overcoming persistent financing and delivery barriers in the carbon removal industry. The initiative introduces five pillars designed to move the sector from corporate commitments to the successful deployment and operation of high‑durability carbon dioxide removal projects.

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A new Nature Sustainability study from UConn researcher Mojtaba Fakhraee argues that restoring blue carbon ecosystems alongside coral reefs can improve carbon sequestration, boost reef recovery and strengthen coastal resilience. The study proposes a framework for pairing the ecosystems and suggests carbon‑credit funding could help scale restoration projects amid declining federal support.

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Nigeria issued its first industrial‑scale carbon‑removal credits through Releaf Earth, marking the country’s entry into the global carbon‑removal market. The 190 tonnes of biochar‑based credits were purchased by companies including Salesforce. Officials see carbon markets as a major economic opportunity as Nigeria works to diversify beyond oil.

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DeCarbon Copenhagen 2026 will run Feb. 24–26 and unite Europe’s biomass, carbon‑removal and digital‑infrastructure communities. The event will address biomass markets, BECCS, carbon markets, data‑center energy challenges and financing mechanisms as Europe advances its decarbonisation agenda.

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Deep Sky is applauding Quebec’s introduction of Bill 17, which creates a long‑awaited legal framework for underground carbon storage. The company says the legislation will support permanent carbon removal, unlock major investment, and help the province reach its climate targets.

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Elemental Energies has acquired Applied Petroleum Technology AS, strengthening its subsurface offering with advanced geochemistry, basin modeling and laboratory analysis. The acquisition expands the company’s integrated technical capabilities across the well lifecycle and increases its global workforce to more than 300 employees.

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Biomass Magazine announced the general session speakers for the 2026 International Biomass Conference & Expo, scheduled for March 31 to April 2, 2026, at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. The general session will be held Wed., April 1, and will feature the presentation of three industry awards, a keynote presentation, followed by a moderated roundtable discussion focused on biochar and biocarbon market development.

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Carbon Clean has been named one of Britain’s fastest-growing private technology companies after posting 86.35% revenue growth over three years. The ranking reflects rising demand for scalable carbon capture solutions and the company’s progress in commercializing its CycloneCC technology.

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The Allen Parish Police Jury is backing proposed state legislation that would give local governments authority to approve or reject carbon capture projects and limit the use of eminent domain. Officials say growing public concerns over safety and property rights are driving the push for local control.

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Europe’s new carbon border tax is squeezing Indian steel exporters, pushing producers to explore cleaner technologies. While coal-heavy production remains a major challenge, government support and private investment — including a $1.2 billion commitment from Tata Steel — could accelerate India’s shift toward green steel.

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Biomass Magazine and BBI International are encouraging industry professionals to take advantage of early bird registration for the 2026 International Biomass Conference & Expo is available through March 4, offering significant savings on full-conference passes for North America’s largest gathering of biomass industry stakeholders.

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Baker Hughes and Giammarco Technologies have formed an exclusive partnership to commercialize hot potassium carbonate technology for post-combustion carbon capture, combining proven industrial processes with integrated turbomachinery solutions to support large-scale decarbonization.

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Seabound has completed its first full-scale maritime carbon capture systems and secured €1.5 million from the European Space Agency, advancing commercial deployment of onboard CO₂ capture technology for global shipping.

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MISC Berhad and K Line have secured a long-term charter from Northern Lights for a 12,000-cubic-meter newbuild LCO₂ carrier, marking MISC’s entry into CO₂ shipping and supporting the expansion of Europe’s first open-access CCS project.

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Carbonaide has raised €3.7 million in a funding round led by existing owners to scale its carbon dioxide mineralization technology for concrete, supporting international expansion, product development and broader adoption of carbon-negative construction materials.

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MODEC has signed a joint development agreement with Eld Energy to scale up an integrated SOFC and CO₂ capture system for FPSOs, targeting a 120-kW prototype with onshore testing in 2027 and offshore demonstration from 2028.

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Thermax Limited and HPCL have signed an MoU at India Energy Week 2026 to collaborate on sustainable energy technologies, including green hydrogen, carbon capture and bio-based fuels, supporting India’s energy transition and “Make in India” goals.

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The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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New research shows that biochar, long used to improve soil health, is rapidly expanding into applications that include wastewater treatment, carbon capture and renewable energy production. A recent review highlights how engineered biochar’s porous structure, surface chemistry and electrical properties can enhance nutrient recovery, boost biogas generation and absorb carbon dioxide. Researchers say these advances position biochar as a multifunctional material capable of linking water, carbon and energy systems within a circular, low-carbon framework, though challenges remain around scalability and long-term performance.

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Holcim has invested in Norway-listed Capsol Technologies to support the scale-up of advanced post-combustion carbon capture as part of its decarbonization strategy. The investment targets Capsol’s hot potassium carbonate technology, which captures CO₂ from cement flue gases and is designed to improve energy efficiency and heat recovery. The partnership builds on a 2025 demonstration project at Holcim’s Dotternhausen plant in Germany and aims to accelerate the production of near-zero cement.

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As world leaders gathered in Belém, Brazil, for COP30 in November 2025, blockchain-based carbon credits emerged as both a promising innovation and a contested tool in global climate action. Advocates argue the technology could improve transparency, accountability and funding for reforestation and conservation, particularly in the Global South. Critics warn that without stronger regulation, blockchain credits risk enabling greenwashing and delaying meaningful emissions reductions. Hosting the summit in the Amazon placed renewed focus on how emerging technologies could support credible, equitable climate finance.

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The data center industry faces a growing power shortage as AI-driven demand outpaces the ability to build new electricity generation, according to Uptime Institute’s 2026 predictions. The report says AI infrastructure is becoming more concentrated among large providers, power costs are rising, and operators may turn to carbon capture, on-site generation, and limited AI automation to manage growth and resiliency challenges.

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Nikkiso CE&IG supported the commissioning of Deep Sky Alpha in Alberta, Canada’s first operational facility to capture and permanently store atmospheric CO2 in sedimentary formations. The technology-agnostic DAC platform integrates multiple capture systems and is designed to remove up to 3,000 metric tons of CO2 annually, marking a significant step toward the commercialization and industrialization of scalable carbon removal technologies.

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NEG8 Carbon and Prochem Engineering have signed an engineering study to develop Ireland’s first large-scale direct air capture system, starting with a 50-tonne-per-year module in Waterford. The project advances NEG8 Carbon’s electrostatic DAC technology and supports Ireland’s role in developing scalable carbon capture solutions for a low-carbon future.

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The Carbon Removers has secured nearly £1 million in backing from South of Scotland Enterprise to accelerate its expansion across the UK and Europe, kickstarting a wider fundraising round. Headquartered near Dumfries, the company plans to remove one million tonnes of CO₂ annually by 2030 and aims to generate £1 billion in annual revenue by 2034/35, while supporting Scotland’s transition to net zero. The investment reinforces the South of Scotland’s growing reputation as a hub for innovation, with strong support from government and regional leaders.

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Carbon Centric has received NOK 9.51 million in pre-project funding from Enova to develop a carbon capture facility at Norske Skog Skogn’s bioenergy plant in Skogn. The project, based on 100% biogenic biomass, has the potential to deliver permanent carbon removal and produce sustainable liquefied CO₂, with the grant covering half of the pre-project costs under Enova’s Industry 2050 programme. The funding will support work toward a final investment decision planned for 2027.

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Foxconn and Pace CCS have launched a partnership to advance carbon capture and storage (CCS) technology by combining Foxconn’s precision manufacturing expertise with Pace CCS’s specialized design knowledge. The collaboration includes a new laboratory to test a chemical scavenger, already used in other industries, aimed at preventing corrosive reactions in CO₂ streams that can damage CCS infrastructure. Carbon capture is critical to achieving net-zero emissions, with global demand estimated at eight billion metric tons of CO₂ annually, requiring trillions of dollars in investment. Corrosion, erosion, and clogging caused by chemical reactions in CO₂ streams, including the formation of sulfuric and nitric acids, remain key technical challenges for the sector. Matthew Healey, managing director of Pace CCS, said the solution could turn a major technical challenge into a manageable operational expense, accelerating CCS deployment worldwide. Foxconn Chief Environment Officer Ron R. T. Horng added that the collaboration demonstrates how cross-industry partnerships can drive meaningful progress against climate change.

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