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 cutting-edge technology start-ups, established capture, transport and storage providers and project developers (“emitters”) to academia and civil society.
Now publicly available, these modules enable project developers within the DAC value chain to certify their projects using a high-integrity, flexible carbon accounting framework. Approved by Verra, the world’s most widely used greenhouse gas (GHG) crediting program, the CCS+ framework methodologies and its modules ensure tailored solutions for complex industrial processes and value chains worldwide, paving the way for high-quality industrial carbon management solutions.
This launch is just the beginning. Additional modules for capture, utilization, and storage, along with accounting tools and compliance guides, are planned for release. The Bioenergy with Carbon Capture and Storage (BECCS) module, the tool for differentiating Reductions and Removals in CCS projects, and the tool for accounting (non)VCS CO2 streams in CCS projects are also expected later this year, further expanding the CCS+ methodology framework into a powerful, widely applicable solution.