Financing CCS in Developing Countries

15th April 2021

For CCS to fulfill its potential in reducing significant global emissions, this technology must be deployed in all parts of the world. Yet there are currently very few CCS projects in developing countries.

This report was commissioned by ClearPath and Southern Company to examine the role of climate finance in supporting CCS project development in developing countries.

It investigates:

  • The support afforded to existing CCS facilities;
  • Reasons for the lack of deployment in developing countries;
  • How to overcome CCS investment risks; and
  • Relevant global climate finance mechanisms to support the deployment of more facilities.

It was found that while there is a very high need for CCS in several developing countries, their level of readiness for CCS deployment is low. Climate finance has an important role to play in both, improving their level of readiness as well as closing the funding gap in developing CCS projects.


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Financing  CCS in Developing Countries


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