ClimeFi

Founded by Paolo Piffaretti and Sebastien Dewarrat in 2022 to catalyse demand for carbon removal (CDR), following Paolo’s experience of the challenges faced by pioneer buyers as the accountability holder for a net-zero commitment within a climate leader, ClimeFi has evolved into a leading global portfolio manager specialising in permanent CDR assets. ClimeFi provides comprehensive intelligence and asset management tools for contracting, purchasing, and managing CDR purchases across various technologies. The company addresses key challenges faced by buyers, offering access to the widest range of trusted supply, effective best price discovery, and procurement processes that protect against delivery and regulatory risks. By prioritising demand-side growth, including the launch of the Global 1000 CDR Challenge in partnership with XPRIZE to mobilise 1M tonnes of new CDR demand in 2025, ClimeFi is making it easier for organisations to act now, secure the supply needed to meet climate commitments, and help scale this critical industry. As an independent provider of CDR portfolio management services, ClimeFi is a trusted expert partner for public and private organisations on their net-zero journey.

Within less than two years, ClimeFi has established itself as an industry leader in permanent carbon removal procurement, facilitating over CHF 10 million in purchases from leading CDR suppliers, covering the full range of scalable, scientifically proven carbon removal methods.

The Greater Zurich Area has emerged as a climate leader, with the city of Zurich committing to net zero by 2040 and a series of world-leading initiatives. The region is home to an academic powerhouse that has become a frontrunner in CDR and related climate fields, attracting some of the best talent and providing a platform for innovation. Greater Zurich has also become home to many of the leaders in the CDR industry, home to the pioneering Climeworks, and now an ecosystem of companies supporting what is estimated to become a USD 1 Trillion industry within the next couple of decades. This environment draws climate entrepreneurs and capital, positioning the Greater Zurich Area as a prime sustainable business region.

In Zurich, ClimeFi will build out its CDR method and supplier intelligence, risk, finance, and portfolio management capabilities, leveraging the region's talent pool and partners ecosystem. Greater Zurich's world-leading quality of life, financial strength, and innovative spirit provide the ideal platform for ClimeFi to achieve its mission of a gigaton-level market for carbon removal.