- Innovative Carbon Solutions: The partnership will explore Direct Air Capture (DAC) technologies leveraging Saudi Arabia’s unique resources.
- Strategic Alignment: The initiative aligns with Vision 2030 and the Circular Carbon Economy framework, advancing the Kingdom’s sustainability leadership.
- Future Potential: Findings will guide the development of scalable DAC systems to support global and domestic decarbonization goals.
Riyadh, Dec 6, 2024 (ESG NEWS) – The King Abdullah Petroleum Studies and Research Center (KAPSARC) and Climeworks, a global leader in carbon dioxide removal, have signed a Memorandum of Understanding (MoU) to explore Direct Air Capture (DAC) technologies in Saudi Arabia.
The agreement, signed during the 4th Saudi Green Initiative Forum, reflects Saudi Arabia’s commitment to advancing sustainable energy solutions under the guidance of His Royal Highness Prince Abdulaziz bin Salman Alsaud, Minister of Energy, and Chairman of KAPSARC’s Board of Trustees
Related Article: Climeworks and Coca-Cola HBC Collaborate on World’s First CO₂-Neutral Sparkling Water
Exploring Saudi Arabia’s Unique Advantage
The collaboration will assess deploying DAC systems within the Kingdom, focusing on its large geological CO₂ storage capacity, low-carbon energy resources, and the economic and environmental benefits of DAC.
Axel Pierru, KAPSARC’s Vice President of Knowledge & Analysis, explains:
“This collaboration marks a significant step in exploring innovative carbon removal solutions tailored to Saudi Arabia’s unique context and large geological CO₂ storage capacity. Our research shows the key role that the development of DAC in the Kingdom will potentially play in achieving a net-zero energy system, both domestically and globally.”
Pioneering Scalable Carbon Removal
DAC technologies are poised to support Saudi Arabia’s Vision 2030 goals and its Circular Carbon Economy framework, helping the nation achieve domestic and global net-zero targets. The partnership also fosters workforce development and policy innovation to scale carbon removal solutions.
Christoph Gebald, Co-CEO of Climeworks, highlights Saudi Arabia’s potential for DAC:
“Saudi Arabia is an ideal location for Direct Air Capture technology, thanks to its abundant low-carbon energy resources, underground CO₂ storage potential, and forward-thinking policies that support innovative climate solutions.”
A Path Toward Full-Scale Deployment
The findings from this partnership will inform the roadmap for building scalable DAC facilities in Saudi Arabia, solidifying the Kingdom’s role as a global leader in sustainability and decarbonization efforts. By harnessing its natural resources and strategic vision, Saudi Arabia continues to advance solutions critical to addressing climate change.
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