- This event has passed.
CCUS in the net-zero transition
March 16 @ 15:00 - 17:00
To achieve the goal of the Paris Agreement of pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels, countries must severely reduce their emissions and reach a net zero economy by 2050.
In this framework, carbon capture, utilisation, and storage (CCUS) technology is necessary to achieve ambitious climate targets. However, its deployment is still way below the needed levels depicted in various global scenarios. As 2050 is approaching, it is now to bring this technology under the spotlight to incentivise investments, development, and cooperation at an international scale to put it on track for achieving climate neutrality at a global level.
In this event, the role of CCUS in different climate neutrality scenarios and its role in different policy mixes was explored, bringing over regional perspectives on how this role has been translated and the technology implemented in different regulatory jurisdictions.