• Japan progressed its CCS roadmap and announced support for seven CCS networks that will capture CO2 in Japan for storage in the offshore waters off Japan and in the wider Asia-Pacific region. [...] • In Australia, the Federal Government passed a bill to incorporate the 2009 and 2013 amendments to the London Protocol into domestic legislation, to allow transboundary transport of CO2 for geological storage. [...] The role of CCS-based CDR Defining CDR, the need for CDR, and the role of BECCS and DACCS 1. [...] 2024 EUROPE FORUM ON CCS BREAKOUT SESSION: CDR AND THE CARBON REMOVAL CERTIFICATION FRAMEWORK Wednesday, 17 April 2024 Rotterdam, The Netherlands KEY TAKEAWAYS – CDR AND CRCF • Offsets are not removals • Net zero is integral to climate stabilisation, and CDR is integral to net zero • Avoided deforestation/ecosystem protection is not a license for continued fossil carbon emission • Removals do not. [...] • How will CDR scale? o There will be role for taxpayers, consumers, and investors in delivering CDR o We need to be sure we don’t become overly proscriptive and constrain development o The portfolio of CDR deployed will vary by location and will evolve over time o Mechanisms for scale-up will not be uniform around the world o The role of the public sector is important, and will evolve with time 2.
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