JAL, Climeworks Strike Carbon Removal Deal

MT Newswires Live

Sep 21

Japan Airlines (TYO:9201) and Climeworks Solutions have signed a purchase agreement for carbon dioxide removal (CDR) credits designed to meet International Civil Aviation Organization's (ICAO) CORSIA requirements.

CORSIA is a carbon offsetting and reduction scheme for international aviation.

The agreement allows the Japanese carrier to address residual emissions that cannot be cut directly, complementing its broader sustainability push into fleet renewal and Sustainable Aviation Fuel, among others.

Under the deal, Climeworks will provide carbon removal credits that qualify under CORSIA rules, while JAL will also buy Climeworks' proprietary Direct Air Capture credits to back engineered removal technologies.

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