There is an increasing interest in carbon capture, use, and storage technologies seen as crucial in climate change mitigation.
To this end, the Asian Development Bank (ADB) is holding the Carbon Capture, Utilization and Storage Game Changers: A Compendium of Technologies and Enablers Seminar on 16 December. The online seminar will look at the technologies, their applications, status of development and commercialization, and potential for deployment in Asia.
Rapid and massive reduction of greenhouse gas emission is needed to reach and surpass the goals set in a landmark deal in Paris in 2016 to limit global warming to below 2° Celsius and pursue efforts to limit it to 1.5° Celsius.
The rising interest in carbon dioxide utilization is due to the development of technology, better economics, and acceptance of greater corporate social responsibility by companies in reducing greenhouse gases.
The seminar will bring together policy makers, entrepreneurs and academics across Asia. It will be an opportunity to explore how these novel technologies and concepts can be implemented rapidly in ADB member countries.
For more than a decade, ADB has organized capacity-building workshops, assisted in policy formulation, introduced new technologies, helped with pre-feasibility studies for carbon capture and use projects in Asia, and supported pilot projects.
Some of the developing member countries where ADB was involved in promoting such technologies include Bangladesh, the People’s Republic of China, Indonesia, Mongolia, and Pakistan.
Issam Daranieh, operating partner at Ascent Capital Holdings will give the keynote, while Rob Littel, general manager of CO2 Abatement Technology at Shell, Kari Forthun, chief technology officer at Compact Carbon, and Jullien Perez, vice-president for strategy and policy at OGCI Climate Investments LLP, will also deliver presentations at the seminar. Other speakers include: Tuya Bold, head of finance at Liquid Wind, Leigh S. Taylor, head of sales and licensing at Econic Technologies Limited, and Beth (Hardy) Valiaho, vice-president for strategy and stakeholder relations at International CCS Knowledge Centre, Canada.
