Carbon capture, use and storage (CCUS) can play a significant role in mitigating carbon emissions in the future and is a key technology for the decarbonization of the energy sector in the long term. CCUS is an important option in most of the emission scenarios to reach the 2 degree goal.Its mitigation potential is estimated by the United Nations Environment Programme to range from 0.2 to 0.4 Gt CO2 eq by 2020 and could increase to reach a level capable of capturing 1.5 Gt CO2 in 2030 and 6.3 Gt CO2 in 2050 according to the International Energy Agency.
The technical expert meetings examine good practice policy options and technologies, and ways to increase the financial flows for implementation.
The policy options represent one of the key outcomes of the technical examination process and highlight replicable and scalable good practices, approaches and technologies with significant mitigation potential, which could be tapped in the period up to 2020 in many countries across the world.
The Virtual Expo showcases many relevant initiatives and projects submitted by Parties and observer organizations as well as video and printed materials related to the examined thematic areas. The Expo demonstrates a wealth of climate action implemented by different actors and stakeholders.
International cooperation plays a critical role in advancing global climate change agenda and addressing new challenges and opportunities. Multiple collaborative success stories are inspiring action around the world showcasing enormous potential for enhanced cooperation at local, regional, national and global levels. The technical examination process brought together a number of international organizations, partnerships and initiatives working on advancing climate action in the examined thematic areas.
Leading international organizations and partnerships:
Global Carbon Capture and Storage (CCS) institute www.globalccsinstitute.com accelerates the development, demonstration and deployment of carbon dioxide capture and storage globally through knowledge-sharing activities, influential advice and advocacy to create favorable conditions to implement CCS.
The IEA Greenhouse Gas Research and Development Programme http://ieaghg.org studies and evaluates technologies that can reduce GHG emissions from the use of fossil fuels, with a particular focus on CCS. The programme, which brings together governments, the private sector and research organizations, aims to support policy decisions by providing unbiased, evidence-based information on technical issues.
The technical papers prepared under the technical examination process demonstrate mitigation benefits of policies, practices and technologies showcasing the best practices and success stories in the examined thematic areas.