We’re excited to announce that the CCS+ Initiative has just reached a second milestone with Verra approving and publishing the “CO2 Capture from Bioenergy” (BECCS) module as part of the CCS+ Framework Methodology for use in the Verified Carbon Standard (VCS) Program. Released alongside this important module are two complementary tools: one for differentiating Reductions…
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The CCS+ Initiative has just reached a major milestone with Verra approving and publishing the first modules under the CCS+ Framework Methodology, including the modules on Direct Air Capture (DAC), Transport, and Storage in Saline Aquifers and Depleted Hydrocarbon Reservoirs. This achievement is the result of a multi-year collaboration among 50+ international stakeholders, ranging from…
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The CCS+ Initiative responds to two significant priorities for advancing the US climate mitigation agenda: responsibly advancing carbon management technologies, including carbon capture and storage (CCS), carbon capture and utilisation (CCU) and carbon dioxide removal (CDR); and establishing robust standards for carbon credit supply to drive climate action. The CCS+ US guide can serve as…
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The public consultation for the second batch of carbon accounting methodologies developed by the CCS+ Initiative under Verra’s Verified Carbon Standard (VCS) was launched and will be open until April 15th. The stakeholder community can review the methodologies and submit their feedback through the following link. The following modules and tools are open for stakeholder…
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The CCS+ carbon accounting infrastructure provides methodologies, tools and modules for industrial carbon management to quantify emission reductions and removals through CCS, long-term storage through CCU, and emission removals through CDR activities. This guide compares procedures developed within the CCS+ carbon accounting infrastructure to the requirements formulated under the Paris Agreement´s Articles 6.2 and 6.4.…
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Industrial carbon management can play a key role in meeting the EU’s climate and industrial goals. Nevertheless, an integrated carbon accounting infrastructure, essential to spurring the responsible adoption of CCS, CCU, and CDR, is currently missing. This guide explores the adoption of an integral carbon accounting ‘infrastructure’ for industrial carbon management in the EU, including…
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An explanatory note on guiding concepts, technical approaches, design choices, and their underlying rationale The CCS+ Initiative was established in 2021 with the mission to scale cutting-edge climate technologies by developing a robust accounting infrastructure for a set of emissions reduction and carbon removal techniques/value chains with environmental integrity at the core. The approach taken…
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30 June: The CCS+ Initiative launched today for public consultation its first batch of carbon accounting methodologies, developed under the Verified Carbon Standard (VCS) Program. This is an important step on the journey to unlocking carbon finance for projects that reduce or remove carbon emissions, which are currently not financially viable, yet sorely needed to…
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Northern Lights, TotalEnergies, Oxy Low Carbon Ventures, South Pole, Perspectives and Carbon Finance Labs announce launch of the CCS+ Initiative June 16, 2021 – Today an alliance of organizations announced the formation of the CCS+ Initiative, a new venture to leverage carbon markets and to scale up global decarbonization and carbon removal efforts. The CCS+…
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