CCS+ initiative

🌍 Major Milestone for the CCS+ Initiative! 🌍 🎉 Verra just published the first modules under the Sectoral Scope for Carbon Capture and Storage (CCS), covering Capture from Air (Direct Air Capture (DAC)), Transport for CCS Projects, and Storage in Saline Aquifers and Depleted Hydrocarbon Reservoirs. These modules were made possible thanks to the efforts and collaboration with 50+ stakeholders convened by the CCS+ initiative — including cutting-edge tech start-ups, project developers, and civil society. This is a landmark moment for industrial carbon management as project developers can now certify their DAC value chain projects using a high-integrity, flexible carbon accounting framework. 🏅 🌱🌟Stay tuned as there’s even more to look forward to! The Bioenergy with Carbon Capture and Storage (BECCS) module, the tool for differentiating Reductions and Removals in CCS projects, and the tool for accounting (non)VCS CO2 streams are all planned for release. 🛠️ These updates will expand the methodology to address more sectors and carbon management technologies.🔥 📔 Read more about the new modules here: https://lnkd.in/e5tmtTs9 #CCS+ #Verra #CarbonCaptureAndStorage #DirectAirCapture #ClimateSolutions #IndustrialCarbonManagement #NetZero

🚀 Introducing the CCS+ US Policy Guide 🚀 🇺🇸 To advance the US's net-zero plans, industrial carbon management is crucial. The new CCS+ US Guide provides a comprehensive blueprint for developing a robust carbon accounting infrastructure tailored for the US market. ✅ This guide facilitates the creation of a high-integrity certification framework, addresses the challenges and opportunities associated with CCS, CCU, and CDR technologies, and aligns with existing US regulations. By utilizing the CCS+ initiative’s methodologies and tools, the US can make substantial progress toward net-zero targets while ensuring environmental protection and community well-being. Discover more about the guide here ➡️ https://lnkd.in/dSneSj25 #IndustrialCarbonManagement #CCS #CCUS #CDR #NetZero #US

🌍 Exciting News from CCS+! 🌱 📣 We are thrilled to announce the launch of the CCS+ framework methodology! This globally applicable framework is designed for technology-based carbon capture and storage (CCS) activities that generate carbon dioxide removals (CDRs) and emission reductions (ERs); crucial elements for corporate net zero climate strategies. 📅 Stay tuned for more updates as we continue to advance CCS solutions. The modules for full DACS and BECCS project value chains are due to be released later this year. This will include tools to apply the methodology to hub projects. 📔 Read more about the new methodology here: https://lnkd.in/eUQ7s_Vt #CCS+ #ClimateAction #CarbonCapture #Sustainability #Innovation #NetZero #DACS #BECCS #CCUS #CarbonRemoval #EmissionsReduction #CarbonManagement #Verra

📅 The CCS+ initiative was represented yesterday at two major events for the industry, in two different European cities. We organised a side-event at the IETA European Climate Summit #ECS2024 exploring the role of the CCS+ carbon accounting framework in bridging voluntary and compliance carbon markets. Our Secretary General, Christiaan Gevers Deynoot, outlined how the CCS+ methodologies can help deliver robust, high-quality credits from industrial carbon management activities. Our panelists and CCS+ members Benedicte Caroline Storebø from Northern Lights JV and Will Barrett from 1PointFive provided insights from the project developer perspective on the importance of certification to scale the market for industrial carbon management solutions. Ian Kuwahara from Verra, the largest carbon creding program and the standard setter for the Initiative, announced the upcoming adoption of the first set of CCS+ methodologies, which will include the #DAC module. Our policy lead, Oscar Rueda, EMBA, was on the ground in Rotterdam at the 2024 Europe Forum on CCS organised by Global CCS Institute. He joined the ‘How to enable responsible CDR adoption through policy’ panel, where he highlighted three key principles for responsible CDR policy: prioritising steep emission reductions; proactively planning and developing a diversified portfolio of removals; ensuring the high quality and environmental integrity of CDR. He also emphasised that a robust carbon accounting infrastructure is central to ensuring high-quality, high environmental-integrity removals, and to fostering trust across voluntary, compliance, and international markets. #CarbonRemoval #CCS #CarbonMarkets #IndustrialCarbonManagement #ClimateAction

📢 CCS+ event on 'The CCS+ framework: Bridging voluntary and compliance carbon markets'. 📅 On April 17th, 2024, at the IETA's European Climate Summit in Florence, Italy. Agenda: ▶ Explore market-based instruments for the emerging industrial carbon management economy . ▶ Consider how to tackle market fragmentation from diverging quality assurance approaches and help build investor confidence. ▶ Discuss how the CCS+ framework can ensure quality and consistency across voluntary and compliance markets. Confirmed speakers: - Will Barrett, Vice President, Product Development, 1PointFive - Benedicte Caroline Storebø, Business Development Advisor, Northern Lights JV - Ian Kuwahara, Director, Energy and Industrial Innovation, Verra This event will bring together project developers, investors, policymakers and civil society. Make sure to register for a delegate pass on IETA's website to get access to the venue. #CarbonMarkets #ClimateAction #IndustrialCarbonManagement #CarbonRemoval #EmissionsReduction

Earlier today, Verra hosted a webinar on the latest batch of draft carbon accounting methodologies from the CCS+ initiative. Over 230 participants! We very much welcome the stakeholder interest that CCS+ is garnering as we move towards adoption of the first methodologies for industrial carbon management pathways in the months ahead. A recording is due to be shared by Verra. Meanwhile, do submit your feedback as part of the consultation (deadline is April 15th).

 📢 SAVE THE DATE!  📅 Join us on April 17th, 2024, at the IETA European Climate Summit in Florence, Italy, for a panel discussion on 'The CCS+ framework: Bridging voluntary and compliance carbon markets'.  🎤 We will delve into the role of market-based instruments for the emerging industrial carbon management economy and discuss how the CCS+ framework can ensure quality and consistency across voluntary and compliance markets. This event organised by CCS+ initiative will bring together project developers, investors, policymakers and civil society organisations. It aims to facilitate a dialogue on how to tackle market fragmentation from diverging quality assurance approaches and help build investor confidence. Stay tuned for the agenda and additional details. Make sure to register for a delegate pass on IETA's website to get access to the venue. #CarbonMarkets #ClimateAction #IndustrialCarbonManagement #CarbonRemoval #EmissionsReduction

 📢 SAVE THE DATE!  📅 Join us on April 17th, 2024, at the IETA European Climate Summit in Florence, Italy, for a panel discussion on 'The CCS+ framework: Bridging voluntary and compliance carbon markets'.  🎤 We will delve into the role of market-based instruments for the emerging industrial carbon management economy and discuss how the CCS+ framework can ensure quality and consistency across voluntary and compliance markets. This event organised by CCS+ initiative will bring together project developers, investors, policymakers and civil society organisations. It aims to facilitate a dialogue on how to tackle market fragmentation from diverging quality assurance approaches and help build investor confidence. Stay tuned for the agenda and additional details. Make sure to register for a delegate pass on IETA's website to get access to the venue. #CarbonMarkets #ClimateAction #IndustrialCarbonManagement #CarbonRemoval #EmissionsReduction

Tune in to this webinar to learn more about the draft tools and modules developed by the CCS+ initiative, open for public consultation until April 15th. 🗓️ March 28th. ⏰ 10:00 am ET

We are very excited to announce that Calpine, America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets, has recently joined the CCS+ initiative as an Industry Partner. They are bringing a wealth of expertise in the power sector and decarbonisation strategies, including carbon capture and storage. We look forward to working closely with them on carbon accounting methodology development for CCS projects.