News

Less talk, more action, to achieve global climate targets, says world CO2 authority

Saturday, 13 May 2017

Bonn, Germany

The world authority on carbon capture and storage (CCS) has told a UNFCCC pre-COP23 meeting in Bonn that whilst climate change talks are worthy and necessary, more climate “action” is needed if Paris `below 2 degree’ targets are going to be met.

As 197 sovereign governments meet in Bonn ahead of this year’s November COP23, the Global CCS Institute addressed the pressing need to accelerate the global deployment of CCS in the power sector and other industries. The Institute-led panel discussion gathered leading authorities in the CCS community as well as private sector and government representatives.

Speaking at the formal UNFCCC event, Global CCS Institute‘s European General Manager, John Scowcroft said: “This year, we need to ensure that this agreement, and subsequent talks, translate into tangible results. Industry, governments and policymakers need to ensure that momentum is maintained and all clean technologies are given equal impetus to succeed.” Scowcroft added: “There is a wealth of evidential proof that carbon capture and storage is indispensable to reaching climate change goals and yet, policy-makers are still dragging the chain. CCS is versatile, cost-effective and essential to meeting Paris goals but it can’t get there without policy parity.”

The pre-COP23 side-event gave an overview of the global status of CCS and the progress made by the technology over the past two decades.

CCS is a safe and reliable clean technology that has been used to reduce greenhouse gas emissions for 45 years. There are currently 17 large-scale CCS facilities in operation with five more coming on stream within the next 18 months.

Despite positive CCS progress advancements over the last few years - especially in the United States and China - the Global CCS Institute warns that more needs to be done to roll-out CCS and drive investment in the technology.

Says Scowcroft: “CCS needs to be a part of policy action taken during international climate talks. Talk alone is not enough. Paris climate change targets cannot be met without CCS.”

The intercessional meeting in Bonn this week is paving the way for more efficient sovereign decision making at COP23, scheduled to also meet in Bonn from 6 to 17 November.

The meeting brings together the UNFCCC’s three Subsidiary Bodies - the Subsidiary Body for Implementation (SBI), Scientific and Technological Advice (SBSTA) and Paris Agreement (APA) to discuss the operationalisation of the Convention (which was adopted in 1992), the Kyoto Protocol (which was adopted in 1997) and the Paris Agreement (which was adopted in 2015).

The Institute is an accredited observer to the UNFCCC’s processes.

A video of the side-event can be accessed on YouTube at the UNFCCC Climate Change Studio on the following link.

 

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For media enquiries, contact:

Antonios Papaspiropoulos: +61 401 944 478, Antonios.Papaspiropoulos@globalccsinstitute.com

Annya Schneider: +61 422 729 554, annya.schneider@globalccsinstitute.com

 

About the Global CCS Institute: The Global CCS Institute is an international membership organisation. Our mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this this vital technology can play its part in reducing greenhouse gas emissions. Our diverse international membership consists of governments, global corporations, small companies, research bodies and nongovernment organisations, committed to CCS as an integral part of a low-carbon future. We are headquartered in Melbourne, Australia with regional offices in Washington DC, Brussels, Beijing and Tokyo. For more information, visit www.globalccsinstitute.com