The Potential Value of CCUS Deployment towards Low Emissions Pathway (Policy Brief)

Addressing climate change impacts is a challenge to all sectors, in particular hard-to-abate sectors. It requires meaningful reductions and/or avoidance of CO2 emissions from such sectors as they will continue to exist way into the 21st century. Cognizant of their important role in ensuring sustainable development; it is critical to examine the role of negative emissions technologies towards low emissions pathway. The Carbon Capture Utilization and Storage (CCUS) is one of the most developed and matured technologies in this area compared to other alternatives, and demonstrates great potential in decarbonizing hard-to-abate sectors. With countries and companies making aggressive emission reduction pledges, interest in CCUS will continue growing to help meet committed targets.