July 2023
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This conference assessed the future for both engineered and nature-based greenhouse gas removal (GGR) in the UK.
Key stakeholders and policymakers discussed latest thinking on what will be needed for these national targets to be delivered, looking at:
- latest developments and overall progress so far, and assessing options going forward
- priorities for innovation, technology development and commercialisation, as well as investment and finance
- the outlook and next steps for further development and deployment of GGRs
- the potential future mix of engineered and nature-based solutions, and contribution to meeting net zero ambitions
We are pleased to have been able to include keynote sessions with Charlotte Powell, Head of Bioenergy and Carbon Removals, Innovation Delivery, Department for Energy Security and Net Zero; Alison Smith, Senior Research Associate, Nature Based Solutions Initiative, University of Oxford; Dr Stephen Smith, Executive Director, Oxford Net Zero and CO2RE, Smith School of Enterprise and the Environment, University of Oxford; and Professor Chennupati Jagadish, President, Australian Academy of Science; and Distinguished Professor, The Australian National University.
Overall, areas for discussion included:
- priorities for scaling up engineered and nature-based GGRs in order to meet 2030 carbon removal targets, and 2050 Net Zero
- the future mix of engineered and nature-based solutions, and potential challenges posed by the development of GGRs
- options to address current funding barriers combined with the high costs of early-stage GGR methods, in order to grow the sector to commercially viable levels
- assessing the permanence and durability of technologies, and considering risk and carbon leakage, credibility, measurement options and the long-term role of GGRs in net zero
- priorities for policy, particularly on standards and to signal certainty for investors, as well as attracting investment into the UK, creating demand in the economy, and plans for regulation and legislation
The conference was an opportunity for stakeholders to consider the issues alongside key policy officials who attended from the CCC; CCS; DAERA, NI; Defra; DBT; Department for the Economy, NI; Department for Infrastructure, NI; DfE; DESNZ; DfT; Department of Finance, NI; GLD; HSE; HMRC; HM Treasury; MCA; MOD; Ofwat; ONS; The Planning Inspectorate; UKIB; The Scottish Government; and the Welsh Government - as well as parliamentary pass-holders from The House of Commons.
