The Airfix team works to simplify and de-risk the value chain for emitters, providing sufficient investment security to invest in carbon capture and liquefaction infrastructure. We collaborate closely with South Pole’s carbon removal initiatives, such as the CCS+ initiative, DemoUpCARMA and the NextGen CDR Facility.
About Airfix
Airfix’s Story
Airfix, a new subsidiary of South Pole, combines decades of climate finance and carbon project development expertise with a vision for a scalable Bioenergy with Carbon Capture and Storage (BECCS) market in Europe.
Airfix is the result of an initiative to find solutions to accelerating the emergence of BECCS projects. While the initial hypothesis identified a lack of available equity as the main challenge, the team quickly realised that challenges along the value chain – including a lack of easy and economic transport options, as well as the limited demand in the voluntary market – are equally important obstacles.
Creating a BECCS market at scale requires unlocking sales in the voluntary market as a catalyst for projects to start up. However, government support and suitable regulations need to be put in place at the same time. An essential part of our work includes advocacy. We consider our work with associations and non-governmental organisations as an important element to accelerate market build-up.
We are working on ground-breaking public-private partnerships to make BECCS a reality. The first project supported by Airfix is the largest BECCS project in Switzerland to date, delivering 21,800 tCO₂ of removals in five years. CO2 Energie AG will install a capture and liquefaction system on a biogas plant close to Zurich. Airfix plays a key role in ensuring that the CO₂ supply chain runs smoothly. The project – expected to be operational in 2025 – received a CHF 10 million guarantee from the Climate Cent Foundation.
