2nd Expert Meeting on Financing CCS Projects

Publication Overview

The main purpose of the conference was to provide a clearer picture of the options available to finance CCS projects in North America and to increase the involvement of experts from the financial sector in discussion about possible financial instrument options for CCS. The ultimate outcome of this work will be to identify, encourage and develop world-wide collaboration and practical development of financial mechanisms to accelerate the progression of CCS projects from R&D to commercial reality. The objectives of the meeting were to explore the options of:

Publication Summary

It is also important to note that while there has been considerable work and interest in CCS. There are also a lot of players ready to move forward but there is a need for urgency and direction from Governments. Policy and regulatory regimes are still uncertain, and CCS is largely unknown to policy analysts, planners, politicians, the general public and this is something that will need to be addressed. Governments will need to provide financial support for the first CCS projects. To move forward Governments will also need to have robust CCS policies that provide certainty to investors and allow for the deployment of CCS projects. We need to keep our options open and not to select a winner as we do not know what the final answer will be.