Global CCS Institute – Global Status of CCS 2024: Collaborating for a Net-Zero Future

The Global CCS Institute's 2024 report, "Global Status of CCS: Collaborating for a Net-Zero Future," highlights significant advancements in carbon capture and storage (CCS) projects worldwide, with the number of facilities in operation rising to 50 and the total number of facilities in the development pipeline surging 60% to 628. The report emphasizes the critical role of CCS in achieving net-zero emissions, noting increased policy support, new investments, and project deployments across various regions. It also addresses challenges such as investment settings, community concerns, and regulatory barriers, underscoring the need for collaboration among governments, industry, and the research community to overcome these obstacles and drive global CCS deployment.