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Climeworks’ Orca Plant Earns First AAA Rating from BeZero Carbon

Climeworks’ Orca plant in Iceland has received the first-ever AAA rating from BeZero Carbon, a London-based carbon credit rating agency. This recognition marks the highest rating in the industry for carbon capture projects.

Swiss Federal Council Responds to European Court’s Ruling on Climate Protection

The Swiss Federal Council reviewed the European Court of Human Rights ruling on climate protection, affirming Switzerland’s commitment to the Council of Europe. It considers Switzerland compliant with the ruling’s climate requirements, citing recent laws like the revised CO2 Act. However, the Council opposes expanding the right of associations to file climate-related complaints due to potential impacts on infrastructure projects.

Clariant’s Catalyst Selected for Green Ammonia Project in China

Clariant’s EnviCat® Green series catalyst has been selected for a significant green ammonia project in China. The catalyst, developed in Muttenz, Switzerland, will remove oxygen impurities during green hydrogen production, which is then converted into green ammonia.

Liebherr and Fortescue Partner for Zero-Emission Mining

Fortescue and Liebherr have partnered to develop zero-emission mining haul trucks. This collaboration will integrate green power technologies from Fortescue Future Industries and Williams Advanced Engineering into Liebherr’s T 264 trucks. The initiative supports global emissions reduction goals and aims to offer fossil fuel-free mining equipment by 2030.

New Platform for Investing in Tokenized Forests and Carbon Credits

Concordium partners with Upwood.io to offer a user-friendly platform for investing in tokenized forests and carbon credits. Using blockchain technology, Upwood.io ensures secure and transparent transactions. Investors can manage their portfolios, track real-time updates, and monitor the environmental impact.

Metafuels and PSI receive grant from Swiss Federal Office of Energy

Metafuels and the Paul Scherrer Institute (PSI) have received a 4.4 million Swiss francs grant from the Swiss Federal Office of Energy to build a pilot plant for sustainable aviation at the PSI campus in Villigen, Aargau. The plant will use their jointly developed aerobrew technology to convert green methanol and CO2 into e-SAF.

Cardano Launches MiCA-Compliant Sustainability Indicators

The Cardano Foundation and Crypto Carbon Ratings Institute (CCRI) have released new sustainability indicators for the Cardano network, compliant with the upcoming MiCA regulation in the EU. The report details the network’s annual carbon footprint (250.73 tCO2e) and electricity consumption (704.91 MWh), showcasing Cardano’s energy-efficient consensus protocol.

Swiss Financial Sector Takes Steps Against Greenwashing

The Swiss Federal Council has acknowledged new self-regulatory measures by the financial industry to address greenwashing. Developed by key associations, these measures will be implemented by January 1, 2027, focusing on defining sustainable investment goals and ensuring accountability.

H55 Raises $74 Million Investment from Quebec Government

Swiss electric aviation company H55 has raised CHF 65 million (USD 74 million) in a Series C funding round, with the Government of Quebec as a key investor. The funds will support North American expansion and final certification of H55’s propulsion battery pack by the end of 2024.

On Introduces Eco-Friendly LightSpray Shoe Technology

Swiss brand On introduced LightSpray, a new technology for creating running shoes. Developed in Zurich, this robotic process makes a single-piece upper in one step, cutting carbon emissions by 75% and using recyclable materials.