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Nordea signs carbon removals deal with Inherit Carbon Solutions

Gas
March 13, 2025

Nordics financial company Nordea has signed a multi-year carbon removals contract with Norwegian company Inherit Carbon Solutions to capture and store at least 68,000 tonnes of carbon dioxide (CO2) from the atmosphere.

Inherit Carbon Solutions’ technology will capture CO2 from a biogas plant in Denmark, using agricultural organic waste as feedstock, where it is liquefied and transported for geological storage under the North Sea.

The agreement will start generating carbon removal credits in 2026, marking one of the first bioenergy with carbon capture and storage (BECCS) plants to start operations in the Nordic region.

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