Inherit Takes Part in the World’s First Paris Agreement-Aligned Carbon Removal Deal
This week, Norway and Switzerland signed a groundbreaking bilateral agreement under Article 6.2 of the Paris Agreement, marking the world’s first carbon removal transaction between two countries. The deal enables cross-border cooperation on carbon capture, storage and durable removals, creating a foundation for how nations can collaborate to meet their climate goals under the Paris framework.
“This agreement is a pioneering step. It enables us to test how international cooperation on CCS and CDR can work in practice – with high environmental integrity and mutual benefit. Norway has more than 27 years of experience with safe and permanent CO₂ storage, and we are proud to offer this as a service to European partners”, said Norwegian Minister of Energy, Terje Aasland.
Inherit is happy to be part of this pioneering Article 6.2 initiative, contributing to the agreement through our work on bioenergy with carbon capture and storage (BECCS). Our solution captures biogenic CO₂ from wastewater and food waste and stores it for 1000+ years, providing verified permanent carbon removals aligning with the new international framework.
“We are very excited to be part of the first ever Paris Agreement-aligned carbon removal transaction, happening between Switzerland and Norway,” says Kaja Voss, Co-CEO of Inherit.
The agreement establishes a model for international carbon removal collaboration, pairing Switzerland’s demand for high-integrity removals with Norway’s expertise in permanent geological storage. By enabling the trade of verified carbon removals between countries, the deal strengthens global trust in carbon accounting and supports the scaling of climate technologies that deliver real, measurable results.
“If we are to reach our climate targets, cutting emissions is not enough. We also need to remove CO₂ from the atmosphere. To unlock the full potential of CO₂ removal, we need robust and balanced rules and systems – both in the EU, the other European countries and globally. This pilot will help us build the frameworks we need”, said Norwegian Minister of Climate and Environment, Andreas Bjelland Eriksen.
“The storage of CO2 will also be important for Switzerland on the way to the net-zero target. This technology complements our existing instruments for decarbonisation. I am therefore delighted with the agreement with Norway. It strengthens innovation, is an opportunity for the economy and strengthens the partnership between Switzerland and Norway.”, said Swiss Minister for the Environment, Transport, Energy and Communications, Albert Rösti.
For Inherit, this marks an important step forward. It highlights how durable, engineered carbon removal solutions such as capturing and storing CO₂ from wastewater can contribute to future government-to-government frameworks as international cooperation on carbon removal expands beyond voluntary markets.
Inherit looks forward to supporting future Article 6.2 carbon removal deals and to help build a credible and transparent market for permanent carbon removals as they take a central role in achieving global climate goals.
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