Financing CCS in Developing Countries
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.
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