Carbon capture, usage and storage net zero investment roadmap
This net zero investment roadmap summarises the government’s CCUS policies and available investment opportunities.
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The CCUS investor roadmap outlines joint government and industry commitments to the deployment of CCUS in the UK and sets out the approach to delivering 4 CCUS low carbon industrial clusters, capturing 20-30 MtCO2 per year across the economy by 2030 to help meet the UK’s 2050 net zero target.
The UK is ideally positioned to lead the global development and deployment of CCUS, with the world class industrial experience and world leading capital investment landscape to enable innovation, development, and growth. It has one of the largest potential CO₂ storage capacities in Europe (an estimated 78Gt of CO₂ storage capacity in the UK Continental Shelf), making it one of the most attractive business environments for CCUS technology.
This investor roadmap summarises the continued engagement of government and industry and outlines further opportunities to deliver on national CCUS objectives in collaboration with investors, building on the significant progress presented in the April 2022 edition of the Investor Roadmap.
The update to the UK’s Green Finance Strategy sets out how government will align our world-leading financial centre to a net zero, nature positive and climate resilient world, and how government will mobilise public and private financial flows to meet our climate and environmental targets.