Global CCS Institute

📢 Save the Date! We’re excited to announce that our Global Status of Carbon Capture and Storage 2024 report will be released on Tuesday, October 15th, 2024! This annual report highlights the key milestones achieved in the past 12 months as carbon capture and storage (CCS) continues to grow globally, playing a vital role in achieving net-zero emissions and addressing climate change. 🌍 Join us for one of two virtual launch events where we’ll present key findings from the report and hear insights from carbon management leaders: 📅 Americas, Europe, Middle East Launch Date: October 15th, 2024 Time: 9:00 AM ET / 14:00 BST / 17:00 GST Register here: https://lnkd.in/eCPxvf6H 📅 APAC Launch Date: October 16th, 2024 Time: 11:00 MYT / 12:00 JST / 14:00 AEDT Register here: https://lnkd.in/eX-3r4rr Mark your calendars and join us to explore the latest advancements in global carbon management and how CCS is accelerating toward a sustainable future! 💡 #CarbonCapture #CCS #ClimateAction #NetZero #Sustainability #GlobalStatus2024

We are so pleased with the energy and insights we heard at our Financing Carbon Management side event that we hosted during New York Climate Week alongside partners Clean Air Task Force and Clean Energy Ministerial CCUS Initiative. 🌍 The event brought together industry leaders, policy experts, and innovators to tackle the economic challenges of financing CCS projects, especially in hard-to-abate sectors. Our agenda covered a wide range of important topics: ▶️ CCS Market Developments in the U.S. and globally ▶️ Industrial Decarbonization and strategies to bridge the cost gap for CCS projects ▶️ Financing in Emerging Economies, highlighting the role of governments and public finance ▶️The Carbon Management Challenge (CMC) and its global ambitions ▶️Exploring Market and Policy Frameworks to drive financing for Carbon Dioxide Removal (CDR) ▶️Financing for Hard-to-Abate Sectors and how enabling policy can support project development A big thank you to our esteemed speakers and participants for contributing to these critical conversations. 🙌 🔗 If you missed it, you can read the full recap with key takeaways here: https://lnkd.in/ena4bwhS #CCS #CarbonManagement #SustainableFinance #ClimateAction #Decarbonization

🚨 Important news for climate action in the UAE! The UAE cabinet released a new federal decree-law at the end of August 2024 as part of its efforts to tackle climate change, underscoring the key role of CCUS in the country’s path to decarbonisation 🌍 This move supports the UAE’s broader ambition to achieve net-zero by 2050 and leverage CCUS to capture 10 Mtpa of CO₂ by 2030. This law will take effect on May 2025, further encouraging innovation and public-private collaboration and ensuring that both public and private sectors (including free zones) are part of the climate solution. The UAE is reinforcing its position as a leader in CCS and global climate efforts. Read more here 👇 https://lnkd.in/e7jhTB_D #ClimateAction #Sustainability #NetZero #CCUS #Decarbonization

📢 Latest News Today the UK Government announced £21.7 billion in funding for carbon capture and hydrogen projects in the East Coast and HyNet clusters. This investment will help curb over 8.5 million tons of CO₂ annually, create 4,000 new jobs, and attract £8bn in private investment. 🚀A major step towards net-zero, this funding supports the UK’s ambition to lead in carbon capture, utilization, storage (CCUS), and clean hydrogen solutions. #NetZero #CCUS #Hydrogen #Sustainability #ClimateAction #CleanEnergy #Innovation Read more here 👇 https://lnkd.in/ebZFjhTX

💡 In the last week of August 2024, the Global CCS Institute was pleased to host the 3rd South East Asia CCS Accelerator Workshop (SEACA III). The event brought together Institute members and selected guests and speakers to network, share knowledge on the carefully curated topics, and discuss CCS transnational collaboration in South East Asia. The workshop hosted representatives from governments across Asia (Australia, Japan, Indonesia, Malaysia, South Korea, Thailand), a broad array of industries.   A defined set of issues was covered during the two days of the workshop.    A comprehensive technical report is available to view, click this link ⬇️ https://zurl.co/Nnvg

❓ Interested in learning more about CCS developments in Saudi Arabia and beyond? 📅 Join the Institute's Head of MEA Region, Dr Mohammad Abu Zahra, on 15 October for the Energy in Transition seminar, organised alongside Al Tamimi & Company Saudi Arabia. 🔎 The seminar will assess and unpack: 💠the ambitious Jubail CCS Hub project 💠supportive CCS business models 💠 challenges and opportunities related to CO2 storage and more! 📍 Jubail, Saudi Arabia, Courtyard by Marriott ⏲ 11:00 AM - 4:00 PM Attendance is free but advance registration is required. More details ⬇ Maryem El Farsaoui

📣 Webinar | CCS in Mexico: A Renewed Opportunity for a Low-Carbon Future Join the Global CCS Institute in this upcoming webinar where we'll discuss the role of Carbon Capture and Storage (CCS) in helping Mexico transition to a low-carbon economy. 💡 CCS is a key technology for Mexico’s decarbonization goals, and this webinar will examine how supportive policies, industry collaboration, and key enablers can drive CCS deployment across the country. NGO and industry experts will share insights on the opportunities and challenges of CCS in Mexico, and how it can support a sustainable future. The webinar will: ✅ Provide an overview of the current status of CCS in Mexico ✅ Explore the policies and frameworks needed to enable CCS projects ✅ Feature a panel discussion on the role of CCS in decarbonizing Mexican industries 🗣️ Speakers Include: ◾ Jarad Daniels, CEO at the Global CCS Institute ◾ Jazmín Mota-Nieto, Team Lead at MeCCS, MeCCS Mexican Carbon Capture and Storage Platform ◾ Augusto Carvalho, New Energy Business Development Manager for Mexico & Central America at SLB ◾ Nestor Q., Global Head, Quality & CCUS Technologies at Cemex ◾ Poh Boon Ung, General Manager - Business Development and Engagement at the Global CCS Institute 📅 Date: October 9 🕙 Time: 11:00am ET / 9:00am Mexico City Time ⬇ Register here: https://lnkd.in/eCMB4y2V #CCS #CarbonCapture #Sustainability #LowCarbonFuture #Mexico #Decarbonization #ClimateAction

💡The Global CCS Institute, alongside EBN B.V. and Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA S.A.), hosted a capacity building workshop in Athens, Greece from 25-26 September. The workshop successfully brought together key stakeholders across the CCS spectrum, all gathered with a shared goal to delve deeper into CCS opportunities in Greece and strengthen understandings of the relevant regulatory and policy landscape that can make CCS ambitions a reality. 🔎 Held over a two-day period, government representatives – which included Greek Environment and Energy Minister Theodoros Skylakakis, Deputy Minister Alexandra Sdoukou and Secretary General for Energy and Mineral Raw Materials, Aristotelis Aïvaliotis – kicked-off the workshop by emphasising the significance of CCS projects in Greece's industrial decarbonisation strategy.  Experts involved in CCS efforts in the country also spoke to the value of the technology, including:  💠 HEREMA, the licensing authority in Greece for the geological storage of CO2, who shared details about ongoing projects occurring in Greece and the importance of finding alignment with EU institutions as it relates to CCS and carbon management  💠 Energean, HERACLES Group, a member of Holcim, TITAN Group, Motor Oil, HELLENiQ ENERGY and ELPEDISON S.A. spoke to their efforts to scale up their respective CCS projects, noting the value of collaboration  💠 The National Technical University of Athens, the Dutch research organization TNO, and the Dutch state energy company EBN provided technical insights into CCS, imparting information related to the development of CO2 storage capacity and key lessons learned of CCS projects. 🗝 As the co-organiser, the Institute team, which included Ellina LEVINA, Bruno Gerrits, Nabeela Raji, Christopher Consoli and Carlo Maccherini, relayed vital insights tied to the CCS permitting process, trans-boundary projects and the status of CCS globally and across Europe. 🤝 The success of this workshop indicates the ongoing momentum in Greece, both in terms of political support and project development, along with a growing interest from stakeholders to learn more about CCS in the context of supporting the low-carbon transition. We look forward to further collaboration with new and current partners. Read more about the workshop ⬇ https://lnkd.in/dgqiAmz2 Special thanks to HERACLES Group, a member of Holcim, for generously providing a space to host this lively and productive workshop.     Efthimios TartarasKaterina Mouzouraki Stijn Santen Filip Neele Vassilis Gaganis ✔️Willem-Jan Plug

Last month the Global CCS Institute hosted the third Southeast Asia CCS Accelerator (SEACA) workshop in Kuala Lumpur, Malaysia. Bringing together industry leaders and government representatives from across the region. Key topics from this dynamic event included: 1️⃣ Development of a transnational Asian CCS value chain to facilitate cross-border CCS projects. 2️⃣ The importance of regulatory stability, government-to-government agreements, and policy incentives for CCS. 3️⃣ Advancing collaborative efforts to close the gaps in regulations, transport, and financing for CCS projects. A special thank you to our partners ASEAN Centre for Energy and Asia Natural Gas & Energy Association, and all participants for their valuable contributions and insights. Read the full recap for more on how CCS can play a pivotal role in Southeast Asia’s decarbonization efforts: ⬇ https://lnkd.in/gB2FWqFW #CarbonCapture #CarbonManagement #CCS #ClimateAction

📣 Out Now | Read the Institute's latest publication demystifying the long-term liability of CO2 storage sites   🔎 Titled “Long-Term Stewardship and Liability: A Balanced Approach to Legal Certainty and Site Transfer for Geologic CO2 Storage”, the report – authored by the Institute’s General Manager of  Knowledge and Analysis, Ian Havercroft, and Chiara Trabucchi with Fiori LLC –  highlights:   🔷 The value of fostering public trust as CCS storage projects get underway  🔷 The risks associated with applying broad liability relief for CO2 storage operators, particularly as it relates to moral hazard  🔷 The benefit of providing clear and prudent risk management frameworks that support the transfer of CO2 storage sites to jurisdictional authorities  and more! ⬇ The report, which was produced through the kind support and contributions on the Global CCS Foundation and Environmental Defense Fund, is now available for readers to download. https://lnkd.in/e9xWXPGA