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.
- 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.
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.