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Climeworks Joins the World Business Council for Sustainable Development

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13 Sep, 2024

This post was originally published on WBCSD

Geneva, 12 September, 2024 – The World Business Council for Sustainable Development (WBCSD) announces that Climeworks, a global leader in carbon removal, has joined as its newest member. 

Climeworks develops, builds, and operates direct air capture plants to permanently remove CO2 from the air. In addition, the company offers individually curated portfolios of high-quality carbon removal solutions to its customers that comprise best-in-class engineered and nature-based approaches.

By partnering with WBCSD, Climeworks aims to collaborate with industry leaders to scale up carbon removal solutions, a critical component of the net-zero journey outlined by the Intergovernmental Panel on Climate Change (IPCC). This collaboration provides Climeworks with an opportunity to contribute its expertise in direct air capture and carbon removal to a broader, collective effort essential for meeting global climate targets.

We are delighted to join WBCSD and strengthen the global push towards achieving net-zero emissions together. While reducing emissions is essential, the IPCC clearly states that we must also actively remove existing and hard-to-abate CO₂ emissions from the atmosphere to reach true net zero. We look forward to bringing high-quality carbon removal into the bigger conversation about what corporate sustainability looks like today, an effort where WBCSD is paving the way.

- Matthias Henzgen, Director of Strategic Alliances at Climeworks

Through this partnership, Climeworks hopes to enhance the effectiveness of climate action by educating stakeholders on the importance of carbon removal in corporate climate strategies, advocating for supportive policies, and integrating these solutions into broader sustainability frameworks. The collaboration will empower both Climeworks and WBCSD members to accelerate the global transition to a sustainable future.

We welcome Climeworks to our community with great excitement. They have been a leading force in putting high-quality carbon removal on the map of climate solutions. Together, we will work to realize the potential of carbon removal in achieving a world where 9+ billion people live well within planetary boundaries.

- Peter Bakker, President and CEO of WBCSD, expressed his enthusiasm for Climeworks’ membership

Climeworks’ sustainability mission goes beyond goals; it forms the company’s purpose. With its service to permanently remove CO2 from the air for companies, organizations, and individuals, Climeworks is committed to mitigating global warming and ensuring that future generations inherit a healthier planet.

By joining WBCSD, Climeworks reinforces its commitment to lead, innovate, and drive transformative climate solutions that balance the needs of people and the planet. Together with WBCSD and its members, Climeworks is poised to make a meaningful impact on the global sustainability agenda.

The post Climeworks Joins the World Business Council for Sustainable Development first appeared on WBCSD.

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Land water loss causes sea level rise in 21st century

Land water loss causes sea level rise in 21st century

An international team of scientists, led jointly by The University of Melbourne and Seoul National University, has found global water storage on land has plummeted since the start of the 21st century, overtaking glacier melt as the leading cause of sea level rise and measurably shifting the Earth’s pole of rotation.

Published in Science, the research combined global soil moisture data estimated by the European Centre for Medium-Range Weather Forecast (ECMWF) Reanalysis v5 (ERA5), global mean sea level measurements and observations of Earth’s pole movement in order to estimate changes in terrestrial (land) water storage (TWS) from 1979 to 2016.

“The study raises critical questions about the main drivers of declining water storage on land and whether global lands will continue to become drier,” University of Melbourne author Professor Dongryeol Ryu said.

“Water constantly cycles between land and oceans, but the current rate of water loss from land is outpacing its replenishment. This is potentially irreversible because it’s unlikely this trend will reverse if global temperatures and evaporative demand continue to rise at their current rates. Without substantial changes in climate patterns, the imbalance in the water cycle is likely to persist, leading to a net loss of water from land to oceans over time.”

Between 2000 and 2002, soil moisture decreased by around 1614 gigatonnes (1 Gt equals 1 km3 of water) — nearly double Greenland’s ice loss of about 900 Gt in 2002–2006. From 2003 to 2016, soil moisture depletion continued, with an additional 1009 Gt lost.

Soil moisture had not recovered as of 2021, with little likelihood of recovery under present climate conditions. The authors say this decline is corroborated by independent observations of global mean sea level rise (~4.4 mm) and Earth’s polar shift (~45 cm in 2003–2012).

Water loss was most pronounced across East and Central Asia, Central Africa, and North and South America. In Australia, the growing depletion has impacted parts of Western Australia and south-eastern Australia, including western Victoria, although the Northern Territory and Queensland saw a small replenishment of soil moisture.

Image credit: iStock.com/ZU_09

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