Nordea Bank Buys Carbon Removal Credits in Bid to Scale Market
The purchase of the so-called carbon removal credits represents the first step in a strategy to help support technologies that take CO2 out of the atmosphere, said Peter Sandahl, the bank's head of climate and environment. The pan-Nordic bank aims to build up a large enough portfolio of removal credits to deliver 'a positive carbon contribution' in its own operations by the end of 2030.
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