New York Climate Week – Financing CCUS: Creating Business Models

21st September 2023

Location(s): New York City

Join us at this invite-only New York Climate Week Side Event co-hosted by the Global CCS Institute and the CEM CCUS Initiative. 

CCUS, including carbon removals through BECCS and DACCS, has been recognized as a crucial climate mitigation technology that plays an important role in achieving climate neutrality. Capital investment of around 1 trillion will be needed globally over the next 30 years to bring CCUS to the level where it can fulfill its potential as a reliable solution to help the world reach net-zero emissions. To achieve the needed level of deployment, various types of capital need to invest in CCUS. So far the majority of CCUS projects are financed through corporate finance and governmental support.

This event will bring together stakeholders from the finance sector, CCUS project developers and governments to share insights and build collective understanding on possible policy actions and emerging business models that would be conducive to scaling up CCUS deployments.


  • Date - Thursday, 21 September 2023
  • Time - 1:00 - 5:00pm
  • Location - New York City
  • Format - In Person (invite only)



1:00 – 1:10 Welcome 
  • Latham & Watkins - Michael Dreibelbis, Counsel
1:10 – 1:20 Introduction
  • Global CCS Institute - Cynthia Wang, Board Member
  • Clean Energy Ministerial CCUS Initiative
1:20 – 2:10 Financing CCS in Hard to Abate Sectors
  • ArcelorMittal - Stephane Tondo, Climate Change, Government Affairs
  • Citi - Anthony Yuen, Managing Director, Head of Commodities Strategy, Pan-Asia, Head of Energy Strategy, Citi Research
  • Climate Bonds Initiative - Sean Kidney, CEO
  • Global Cement and Concrete Association (GCCA) - Thomas Guillot, CEO
  • Holcim - Pavan Chilukuri, Group Head of CCUS & e-fuels
  • Moderated by Selim Cevikel, Principal Consultant Finance at the Global CCS Institute
2:10 – 2:30 Coffee Break
2:30 – 3:20 Financing CCS Infrastructure
  • Emissions Reduction Alberta - Heather Stephens, Chief Operating Officer
  • Oil and Gas Climate Initiative (OGCI) - Julien Perez, VP, Strategy and Policy
  • Macquarie - Allen Rickard, SVP, Macquarie Green Investment Group (GIG)
  • US Department of Energy's Loan Program Office (LPO) - Ramsey Fahs, Policy Advisor
  • Moderated by Christina Staib, Global Finance Sector Lead at the Global CCS Institute
3:20 – 3:50 Carbon Management Challenge
  • Norwegian Ministry of Petroleum and Energy - Henriette Nesheim, Deputy Director-General
  • Societe Generale - Allan Baker, Managing Director, Global Head of Energy Transition
  • US Department of Energy - Adam Wong, Senior International Advisor
3:50 – 4:00 Concluding Remarks
  • Global CCS Institute - Ellina Levina, Senior Finance and European Affairs Manager
  • Clean Energy Ministerial CCUS Initiative - Juho Lipponen, Coordinator
4:00 – 5:00 Refreshments and Networking


Interested in attending?

This event is invitation-only and we are at capacity. If you would like to be added to the waitlist please get in touch with Jess Oglesby:  (

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New York Climate Week – Financing CCUS: Creating Business Models


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