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Climeworks

Direct air capture plants in Iceland

Ranked #5 in Best Carbon Capture Companies.

Climeworks, based in Zurich, runs the Orca and Mammoth direct air capture plants in Iceland and stores the CO2 in rock with Carbfix. Mammoth, rated at 36,000 tonnes a year, delivered 675 tonnes of net removal in the first half of 2026 as Climeworks installs its third-generation collectors.

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At a glance

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Best forCompanies buying permanent carbon removal

From Climeworks's own website.

What stands out

  • Longest track record in direct air capture
  • Permanent storage in rock

Worth knowing

  • Output far below design capacity so far
  • High cost per tonne

How it ranks

Climeworks is ranked 5th of 10 in Best Carbon Capture Companies (Lister Score 92.0).

#5 in Best Carbon Capture Companies · Lister Score 92.0

Climeworks raised $162 million in July 2025, taking its total funding above $1 billion..

RankBest Carbon Capture CompaniesScore
1ExxonMobil Low Carbon Solutions97.0
21PointFive (Occidental)95.8
3Northern Lights94.6
4SLB Capturi93.3
5Climeworks92.0
6Svante90.7
7Carbfix89.3
8Charm Industrial87.9
9Heirloom86.5
10Deep Sky85.1

Frequently asked questions

How does Climeworks rank on Lister?

Climeworks is ranked 5th of 10 in Best Carbon Capture Companies (Lister Score 92.0).

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#5 in Best Carbon Capture Companies
RANKED #5 ON LISTERBest Carbon Capture Companies