Perspectives Climate Group Partners with CCS+ Initiative for Innovative Carbon Accounting Solutions: Join the Consultation Today!
Perspectives Climate Group
With 25 years' experience in developing climate solutions, we drive climate action,?research and leading?ambitions
Perspectives Climate Group Partners with CCS+ Initiative for Innovative Carbon Accounting Solutions: Join the Consultation Today!
Perspectives Climate Group is thrilled to announce its collaboration with numerous partners of the CCS+ Initiative in the development of ground-breaking methodologies that aim to tackle climate change. These methodologies, including the Carbon Capture and Storage framework, Direct Air Capture, Storage in Saline Aquifers, and a consolidated module for CO2 transport, are now open for public consultation led by Verra, a leading standard-setter in the Voluntary Carbon Market.
We value your insights and encourage you to participate in the consultation process to help shape these methodologies to be effective, environmentally sound, and aligned with the highest standards of integrity. Your contribution is vital in unlocking the potential of certified carbon capture, utilization, removal, and storage solutions around the world.
The CCS+ initiative is a global multi-stakeholder platform that aims to scale cutting-edge climate solutions through a high-quality carbon accounting infrastructure. By developing robust carbon accounting methodologies as a public good, the initiative supports efforts to reach net-zero emissions and limit climate change.
Through this public consultation, the CCS+ Initiative seeks to gather feedback and expertise from stakeholders in the industry. The consultation, running until July 29th, provides an opportunity for individuals and organizations to review the proposed methodologies and share their comments and recommendations. Your input will help ensure that these methodologies are fit for purpose and meet the highest environmental integrity standards.
?? To participate in the consultation and have your say, visit here:
The CCS+ Initiative marks a significant milestone in the journey to unlock carbon finance for projects that reduce or remove carbon emissions. It brings together 51 stakeholders, including leading organizations in the CCUS and removals space, to develop a comprehensive carbon accounting infrastructure. This infrastructure covers all use cases for carbon capture, storage, long-term utilization, and removal technologies, forming the basis of a robust carbon management economy.
Matthias Krey , Secretary General of the CCS+ Initiative and Managing Director of Perspectives Climate Group , expressed gratitude for the contributions of partners in developing the methodologies. He emphasized the importance of stakeholder participation, stating:
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"The insights gathered in the consultation are essential in ensuringthat our methodologies are fit for purpose and adhere to the highest standards of environmental integrity."
The integrated carbon accounting infrastructure provided by the CCS+ initiative and Verra will play a crucial role in assuring the quality of projects and their quantifiable emission reductions or carbon removals. This assurance will enable projects to access untapped capital through voluntary and compliance carbon markets, maximizing the impact of climate action.
The consultation documents for the CCS+ Initiative's first work package, including methodologies for
... are available for stakeholder input.
Join the consultation today to contribute to the advancement of these methodologies, facilitating their adoption in carbon markets and financing instruments.
The CCS+ Initiative's vision extends beyond the #VCS, aiming to have its methodologies published as a public good through 2023-2024. This will accelerate the adoption of #carboncapture, utilization, removal, and storage activities in compliance markets and other financing mechanisms, further propelling global efforts toward a sustainable, low-carbon future.
Together, let's shape the future of carbon accounting and make a difference in the fight against climate change. Join the consultation and contribute your expertise today!