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Carbon capture and storage in developing countries : a perspective on barriers to deployment

Author: Natalia Kulichenko; Eleanor Ereira; World Bank.
Publisher: Washington, D.C. : World Bank, ©2012.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
Carbon Capture and Storage (CCS) technology could provide a technological bridge for achieving near to midterm GHG emission reduction goals. Integrated CCS technology is still under development and has noteworthy challenges, which would be possible to overcome through the implementation of large-scale demonstration projects. In order to assist developing countries to better understand issues related to potential  Read more...
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Document Type: Book
All Authors / Contributors: Natalia Kulichenko; Eleanor Ereira; World Bank.
ISBN: 9780821396094 0821396099
OCLC Number: 794177116
Description: xxiii, 160 p. : ill. ; 26 cm.
Contents: Introduction --
Technology overview and status of CCS development --
Techno-economic assessment of carbon capture and storage deployment in the power sector in the Southern African and Balkan regions --
Addressing the legal and regulatory barriers in developing countries --
The role of climate finance sources in accelerating carbon capture and storage demonstration and deployment in developing countries --
Project finance for power plants with carbon capture and storage in developing countries --
Appendices.
Responsibility: Natalia Kulichenko, Eleanor Ereira.

Abstract:

Carbon Capture and Storage (CCS) technology could provide a technological bridge for achieving near to midterm GHG emission reduction goals. Integrated CCS technology is still under development and has noteworthy challenges, which would be possible to overcome through the implementation of large-scale demonstration projects. In order to assist developing countries to better understand issues related to potential technology deployment, there is a need to start analyzing various numerous challenges facing CCS within the economic and legal context of developing countries and countries in transition. This report is the first effort of the World Bank Group to contribute to a deeper understanding of (a) the integration of power generation with CCS technologies, as well as their costs; (b) regulatory barriers to the deployment of CCS; and (c) global financing requirements for CCS and applicable project finance structures involving instruments of multilateral development institutions. This report does not provide prescriptive solutions to overcome these barriers, since action must be taken on a country-by-country basis, taking account of different circumstances and national policies. Individual governments should decide their priorities on climate change mitigation and adopt appropriate measures accordingly. The analyses presented in this report may take on added relevance, depending on the future direction of international climate negotiations and domestic legal and policy measures in both developed and developing countries, and how they serve to encourage carbon sequestration. We expect that this report will provide insights for policy makers, stakeholders, private financiers, and donors in meeting the challenges of the deployment of climate change mitigation technologies and CCS in particular.

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