World’s largest carbon capture facility will store 9M tonnes of CO2 yearly
8 May 2023

The NextGen CDR Facility, a collaboration between the Swiss carbon finance consultant South Pole and the Japanese conglomerate Mitsubishi Corporation, has announced the purchase of 193,125 tonnes of carbon dioxide removals (CDRs) from three projects, producing the world's largest portfolio of CDRs.
The purchase accounts for 25% of all CDRs purchased to date and provides more than 1,000 years of CO2 storage once delivered, according to a press release by South Pole publsihed last week.
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