Carbon Dioxide Removal: Best-Practice Guidelines | World Economic Forum

linkedinmaillinkedinmail

#Climatechange, #Netzero, #Sustainability, #Technology

Guidelines detail engineered carbon removal technologies essential for achieving global climate goals.

The “Carbon Dioxide Removal: Best-Practice Guidelines” from the World Economic Forum emphasize the need for engineered carbon removal (CDR) technologies to meet climate targets. Natural climate solutions (NCS) alone won’t suffice due to land constraints, and the volume of CO2 that must be removed by 2050 is enormous, estimated at up to 10 billion tonnes annually.

Engineered CDR options like Direct Air Capture (DACCS), Bioenergy with Carbon Capture and Storage (BECCS), and biochar show high potential. DACCS can store captured CO2 permanently underground, though high energy demands currently make it costly. BECCS leverages biomass to generate power while sequestering CO2. Biochar, though more affordable, is limited by sustainable biomass availability.

By 2050, engineered CDR must scale significantly. Current removals stand at 2 billion tonnes, mainly from NCS. Despite only 0.1% being engineered, these technologies are crucial for ensuring a sustainable, scalable, and durable impact on global emissions. The report advocates corporate leadership and early investment in CDR technologies to drive down costs and scale faster.

The guidelines outline market access strategies, emphasizing the need for companies to commit to long-term carbon removal purchase agreements and align internal carbon pricing policies. These actions are critical to ensuring a future where CDR technologies are affordable and effective in reversing climate change impacts.

Check the full document here: https://bit.ly/3C0gKTx

Insights

The Future of Jobs Report | World Economic Forum

In the global labor market technology adoption remains a key driver of business transformation, while environmental, technology, and economic trends impact job creation. Upskilling, diversity, equity, and inclusion initiatives are crucial for bridging talent gaps and promoting inclusive growth.

What is the future of the office? | The Economist

Transformation of the offices by the pandemic and teleworking, creating design changes, emphasizing labor flexibility and management and equity challenges.

Embracing Demographic Transition: Health and Wealth in an Aging World | Citi GPS

The report provides strategies for supporting the health, wealth, and productivity of an aging global population.

Contact us








    Location

    Barcelona Office
    Antoni Bell 2, 4th Floor – C
    Sant Cugat del Vallès 08174
    +34 93 280 7084

    Madrid Office
    Alfonso XII 62, 2nd Floor
    Madrid 28014
    +34 91 048 8455

    To stay up to date on the latest trends and key information in our sectors, follow us

    Accessibility Tools