(MENAFN- The Peninsula) The Peninsula
Doha, Qatar: The Carbon, Capture, Utilisation and Storage (CCUS)Forum, a landmark gathering of world leaders, policymakers, scientists, and industry experts, successfully concluded on Wednesday, marking a significant milestone in the global efforts to combat climate change and transition towards sustainable energy. The Forum, held over three days, focused on fostering international collaboration and accelerating the deployment of CCUS to address the urgent challenges posed by climate change.
The Forum, coordinated in collaboration with Qatar's Gulf Organization for Research and Development, Global Carbon Council and Birba (an Omani company) along with various partner organisations, including the Al-Attiyah Foundation who served as a knowledge partner, brought together over 500 delegates and visitors from over 70 countries, including government representatives, industries, and leading climate and technology experts. Throughout the Forum, attendees engaged in lively discussions, interactive sessions, and thematic panels that covered a broad range of topics such as the deployment of carbon capture and utilisation technologies, energy efficiency, methods of storage, climate finance, and other technologies critical to achieving national climate targets. The Forum also included a lively networking hub, field visits and the Middle East's first women and climate event.
Speaking at the opening ceremony, H E Dr. Al Sada stated“I commend the organising committee for focusing on Carbon Capture, Utilisation, and Storage, technologies that are key for advancing low carbon solutions in the energy sector. This event comes at the time when nations are pushing towards a Net Zero world.”
Dr. Yousef Alhorr, Founding Chairman of GORD and GCC stated“As the first CCUS Forum in the MENA region, this event marks a turning point in our collective efforts to address the pressing climate challenges faced by the region and the world. An energy transition supported by CCUS will enable global economies to diversify their energy mix, reduce greenhouse gas emissions, and contribute to the global transition towards a low-carbon economy, in alignment with the Paris Agreement.”
Speaking on GCC's endorsement for the event, Dr. Alhorr added:“Global Carbon Council's support for CCUS Forum is motivated by its commitment to the region's energy transition and low-carbon development. We take immense pride in being the first and only international carbon credit program rooted in the Global South, originating from Qatar. As part of our dedication to the theme of this Forum, we would like to inform the audience about the imminent launch of GCC's upcoming methodology for CCS projects and invite you to engage with us in the public consultation for the methodology before its final publication.
This unique methodology stands out as one of the very few worldwide initiatives that incentivise CCS projects through carbon credit issuance.”
“Considering the significant number of carbon capture and storage projects taking place worldwide, we believe this methodology has the potential to save millions of tons of carbon emissions. In the long run, the CCS methodology will amplify the positive impact of approximately 1,500 climate mitigation projects already submitted to the Global Carbon Council from 45 countries. Through these GHG reduction projects, GCC is expected to generate more than 2 billion carbon credits over next 8 to 10 years.”