COP 29 Side Event: Introducing the Carbon Management Challenge

EIB-Benelux Pavilion – Blue Zone | November 19 | 1:30 – 2:00 PM (AZT)

Carbon management technologies, such as carbon capture and storage (CCS), are steadily being embedded in the climate action plans of countries globally. With the low-carbon transition underway, carbon capture, use and storage and carbon dioxide removal (CDR) will be needed to ensure international climate targets are reached and that industrial emissions are being curbed. During COP 29, government leaders, industrial players and ENGOs will be participating in dialogues and policy conversations to unpack the scale-up of carbon management solutions, assessing gaps and opportunities.

Central to driving these conversations forward is the Carbon Management Challenge (CMC); a collective call to action launched in 2023 which now sees the support and committed participation from 23 governments worldwide.

CMC participant countries aim to raise ambition by supporting a global goal of advancing a pipeline of carbon management projects by 2030, that when fully operational will manage 1 gigaton (Gt) CO2 or more annually, ensuring actions align with the science. Participants call on other governments to join the CMC, and on the private sector to play a leading role in deployment.

During COP 29, CMC participants will gather to speak about the urgency tied to carbon management adoption, organizing a Ministerial meeting where the highest levels of government representatives are expected to weigh in on how best to enhance collaboration to drive up projects, provide a status on their pending initiatives, and extend support where needed.

In parallel, climate negotiators will be steady at work during COP, keeping the 1.5C target top of mind as they pursue the collective goal to limit global warming.

Organised and moderated by the CMC, join this event at the EIB-Benelux Pavilion for a full debrief on how discussions on carbon management technologies are progressing at COP 29, how they’ve evolved from years previous, and where these technologies fit in across the broader spectrum of climate solutions.

Speakers:

Brad Crabtree – Assistant Secretary, Office of Fossil Energy and Carbon Management, US Department of Energy

Noora Al Amer – Carbon Management Challenge, Secretariat Coordinator

Lee Beck – Clean Air Task Force, Senior Director, Europe, the Middle East and Africa

Livestream link: Introducing the Carbon Management Challenge