Project description

As carbon capture and storage (CCS) and engineered carbon removals (ECR) expanded globally, stakeholders faced growing uncertainty over how emissions, reductions, and removals should be accounted for and reported. Existing frameworks evolved independently across national inventories, corporate reporting systems, and carbon markets, creating challenges for consistency and transparency.

Carbon Limits contributed to a comprehensive review of carbon accounting and reporting approaches for CCS and ECR. The work examined emerging CCS business models, cross-border value chains, and the integration of CCS and ECR into compliance and voluntary carbon markets.

The study identified areas where existing guidance left room for interpretation and highlighted opportunities for greater harmonisation. Its findings support policymakers, investors, and project developers seeking to strengthen accounting integrity, reduce double-counting risks, and improve confidence in carbon markets and carbon management investments.