G20 leaders officially recognise the importance of Carbon Capture, Utilisation and Storage technologies for energy transition
30th June 2019
The opportunities offered by Carbon Capture, Utilisation and Storage (CCUS) technologies for the energy transition have been recognised within the official G20 Osaka Leaders' Declaration, released on 29 June. This follows the successful inclusion earlier this month of CCUS within the G20 Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth Communique.
The admittance of CCUS, as well as hydrogen, marks the first time these specific technologies for the energy transition have been included within an Official G20 Leaders' Declaration.
The CCUS inclusion within the 'Energy' section of the Declaration follows an acknowledgement of "the importance of energy transitions that realize the “3E+S” (Energy Security, Economic Efficiency, and Environment + Safety) in order to transform our energy systems into affordable, reliable, sustainable and low GHG emissions systems as soon as possible", whilst also recognising there are different national paths to achieve this goal.
The Declaration goes on to recall the Ministerial Communique and acknowledge the "the role of all energy sources and technologies in the energy mix and different possible national paths to achieve cleaner energy systems" and states that all G20 Leaders "... recognize opportunities offered by further development of innovative, clean and efficient technologies for energy transitions, including hydrogen as well as, depending on national circumstances, the Carbon Capture, Utilization and Storage (CCUS) taking note of work on 'Carbon Recycling' and 'Emissions to Value'".
In relation to the Paris Agreement, 19 of the 20 countries reaffirmed their commitment to full implementation of the Agreement, with United States reiterating "its decision to withdraw". The successful adoption of the Paris Agreement implementation guidelines were noted, and following COP24 and the Karuizawa Ministerial meeting are "determined to make best use of this momentum, and thus look forward to a successful Climate Action Summit of the UN Secretary-General and concrete outcomes at UNFCCC COP 25 in Santiago, Chile" in December this year.
The signatories reaffirmed their aim "communicate, update or maintain our NDCs, taking into account that further global efforts are needed" by 2020 and emphasised "the importance of providing financial resources to assist developing countries with respect to both mitigation and adaptation in accordance with the Paris Agreement".
All Documents and Materials from the G20 Osaka Summit 2019 are available here.