ZEP signs joint press release on COP24

As part of COP24, ZEP has signed a joint press release on “The role for CO₂ Capture and Storage (CCS) in meeting global climate targets”. The press release was also signed by CO₂GeoNet, the European Energy Research Alliance CCS Joint Programme, the Global CCS Institute and the UK Carbon Capture and Storage Association.The press release includes the following recommendations: 1. Provide a clear message of long-term political support for CCS deployment by assessing and specifying the role for CCS in achieving national 2030 and 2050 emission targets (including NDCs); 2. Offer policy predictability and confidence by including CCS, where appropriate, in climate plans to give a clear message of long term support, enabling CCS project developers to make critical investment decisions; 3. Provide equal inclusion and support for CCS as a mitigation option alongside other low emission technologies; 4. Provide national support for projects that use international funding mechanisms (e.g. Green Climate Fund, CTCN, the World Bank and other international financial institutions); 5. Support the development of private-public partnerships to build a trust-based relationship between CCS project developers and the national government to help drive projects forward Download the full press release