BRIEF - COP29 HALF-TIME: CCS DEVELOPMENTS IN INTERNATIONAL CLIMATE CHANGE POLICY

Discussions included how the programme can also just transition, part of the current workplan, which has In the run-up to Bonn, signalling their intention to progress towards the Paris climate goals – and through contribute to the implementation of the GST elements, since spun out to create the United Arab Emirates Just implement wider COP28 energy outcomes to transition that – the deployment of m. [...] Quantified Goal (NCQG) to guide the provision of climate policy support and incentives; and promote the goals of the Paris Agreement through NDCs, NAPs and The communiqué continues to affirm the importance finance. [...] towards the work programme, as a contribution the quantum of climate finance will submissions include the complexity published under the current Most relevant for CCUS are the guidance and to the ongoing dialogue on CCUS as summarised determine the amount available for of the procedures for using the GCF response measures workplan, methodologies on removals, by the Article 6.4 in the annual report. [...] order to reinforce proposed safeguards criteria Looking towards the future of what the MWP structured for economies to for technologies through a CCUS and guiding questions applied for “novel” could deliver, the integration of paragraph 28 of become more attune to the network project, the GCF and During the scene-setting at carbon dioxide removal (CDR) activities (which the GST into the MWP can fu. [...] As a member of the CMC, with an upcoming Ministers of Energy, legal framework for CCUS, an operational CCUS facility Moscow and projects in the pipeline, there is a unique opportunity for the country to drive momentum on the technology in 27 JULY – 2 AUGUST line with the outcomes of the first GST.