ERM - Carbon Dioxide Capture and Storage in the clean development mechanism
- 1 April 2007
- Industry Insights
- Policy & Regulation
In September 2005 project design documents and methodologies for two carbon dioxide capture and storage projects under the Clean Development Mechanism were submitted for approval. The CDM Executive Board were unable to agree how CCS projects should be handled and sought advice from COP/MOP. This initiated a process of wider consultation. The IEA Greenhouse Gas R&D Programme sounded out its members and interested organisations to determine the level of interest in developing CCS projects under the CDM and found it to be sufficient to warrant organizing a workshop. At this first workshop, held in London in April 2006, the main issues which needed to be addressed when formulating a methodology and preparing a Project Design Document for such projects were discussed in order to determine whether a common approach was possible. Several organizations indicated that they were contemplating the possibility of undertaking CCS projects and that in some cases these might be in countries eligible for hosting CDM projects. Furthermore there was a considerable degree of consensus on how the main issues surrounding monitoring and storage site integrity could be handled.