Capture and Storage can play a key role in global efforts to reduce emissions
Introducing Forward Financing of Climate Carbon Projects
Carbon Capture and Storage (CCS) is widely recognized by experts as crucial, especially for hard-to-abate sectors such as cement and steel production, where viable alternatives are currently lacking, as well as for the removal of CO2 already present in the atmosphere. In essence, the urgency to reduce global emissions leaves little room for delay, underscoring the growing consensus that any feasible approach to climate action must incorporate CCS technology.
Carbon capture is the process of removing CO₂ from large emission sources. The purpose of carbon capture is to limit the release of CO₂ emissions into the atmosphere by capturing it and then storing it safely, for instance in underground geological formations. The whole process of capturing, transporting and storing CO₂ is referred to as carbon capture and storage, or CCS.
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