Ipieca unites industry and stakeholders to advance the energy transition through knowledge sharing, collaboration, and good practices. It supports the Paris Agreement by promoting net-zero pathways, low-carbon solutions, and transparency, while emphasising the importance of cross-sector collaboration and considering all aspects of CCS, including social and environmental considerations.
According to the IPCC, achieving net-zero CO₂ energy systems will require a major reduction in fossil fuel use, minimal use of unabated fossil fuels, and the application of CCS for remaining emissions. CCS is a proven technology that can prevent large amounts of CO₂ from entering the atmosphere and has been in safe, commercial use for decades.
The fact sheet includes a number of case studies summarising industry progress and investments, looking at cross-border CCS initiatives, CCS hubs, direct air capture technology, and transport and storage services.
